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Questions tagged [net-worth]

Use this tag when the topic includes considerations of net worth in its entirety. For instance this might be the total portfolio of an individual.

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Is Jeff Bezos the world's richest man, seeing that he is living in a community property state? [closed]

Jeff Bezos is currently listed as the world's richest person, with a stated net worth of $137B. This is almost exclusively from his partial ownership of Amazon, which was founded a year after his ...
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2answers
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What is percentage of net worth?

Let's say you have the following balance sheet: $350,000 - home value $200,000 - retirement $15,000 - savings (assets = $565,000) $250,000 - mortgage $10,000 - car loan $40,000 - student loans $15,...
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1answer
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Metric for Net Worth Minus Cost to Liquidate?

Is there a metric that is someone's net worth minus the cost to liquidate their assets? Suppose I have a rental house valued at $300,000 with no mortgage. If I liquidate this asset, there would be ...
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2answers
171 views

How to calculate someone's true net worth?

Is there a way I can look up or calculate another person's net worth through math? Is a person who is making credit card, car, house, etc payments owe more that what they have equal they are worth ...
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2answers
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What if company total share value are more and assets are less

Suppose If any company have $10m total valueation and issue the shares than when company have total $12m value but shares are selling at more than that value does it affect anything or is it illegal ...
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1answer
135 views

How to evaluate the value of a small business?

How to evaluate the value of a small business? To give an example, if i have numbers as such Cash Flow : $50,000 Debt : $10,000 Inventory & Assest : $5000 Account Receivable : $5000 Operation ...
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4answers
573 views

Estate taxes and the top 1 percent by net worth

According to this website, you need to have over 10 million dollars for your family to be in the top 1 percent by net worth. However, only about .2 % of estates pay estate tax. The cut off for the ...
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1answer
1k views

What is the meaning of the net worth of a person?

What is the meaning of the net worth of a person? For example, How do I find out my net worth? Bill Gates's net worth is $86.0 billion. Does that mean Bill Gates can give/donate $86.0 billion to ...
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15answers
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For very high-net worth individuals, does it make sense to not have insurance?

Various types of insurance (health, car, life) protect you from relatively low probability but very expensive events in life (cancer, serious car accident, etc.) For the average person, it makes sense ...
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2answers
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What is “wealth planning” and such services?

My bank is offering me "wealth planning services." I have searched around, but can't find a canonical definition on what this means exactly. I find it being used synonymously with things like "fund ...
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2answers
1k views

How do I calculate my net worth according to the book “The Millionaire Next Door”?

I remember reading about PAWs, UAWs, and AAWs. I also remember that the formula for what your net worth should be on average (to be an AAW) is your income (without inheritance[s]) multiplied by one ...
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0answers
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How to get variables for calculating “intrinsic value” of Berkshire Hathaway?

I would like to calculate Berkshire Hathaway's balance sheet value and "intrinsic value" as described in Warren Buffett's Berkshire Hathaway - Uncovering Intrinsic Value. However, I can't figure out ...
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2answers
1k views

Can leased car be declared as part of net worth?

Can a leased car be included as part of net worth? If so, how?
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2answers
238 views

Should I include my hard assets as part of my net worth?

As part of doing my taxes every year I do a calculation as to what my current net worth (assets - debts) is so I know how to set my savings goals for the year. Currently I do not include hard assets ...
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5answers
2k views

For net worth, should I value physical property at my cost to replace it, or the amount I could get for selling it?

I recently was a good little consumer and picked up a relatively expensive set of new home furnishings, some furniture, a TV, some other electronics ... items of that nature (don't worry, been ...
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3answers
2k views

How are startup shares worth more than the total investment funding?

How does Mark Zuckerberg earn his money from Facebook? He is worth $17.5 billion now, but the total funding for Facebook is only $2.4 billion? I don't understand this. Is this the money Facebook ...
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6answers
6k views

Ideal net worth by age X? Need comparison references

Is there a website resource that gives suggestions for how much savings or net worth I should have at any given age, based on my education level and salary? I'm in my 30s, have no debt, and have been ...
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3answers
2k views

What does the phrase “To make your first million” mean?

Seems obvious, but if someone says, "He made his first million before 25" does it mean you have paid taxes on a million dollars by the age 25? Or does it mean you have right now $1,000,000 in cash / ...
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7answers
502 views

What single metric is the ultimate measure of personal wealth?

More specifically, what is the single metric you would use to monitor personal wealth?
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6answers
1k views

What part of buying a house would make my net worth go down?

I've thinking about buying a house, and how that would affect my net worth. It seems to me that if out of pocket + debt = value then the transaction shouldn't affect my net worth in the short term. ...
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5answers
2k views

How do you value your home when calculating your net worth?

I'm interested in tracking my net worth as a way of measuring progress and I'd like to include home equity in my net worth. How are you tracking home equity? Are you using purchase price? Average ...