Net Worth

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Net Worth

The difference between total assets and liabilities; the sum total of the assets of an individual or business minus the total amount owed to creditors.

The net worth of a corporation is ordinarily determined by subtracting the liabilities from the assets, or by adding the capital account to the surplus account, as shown in the balance sheet of the company.

References in periodicals archive ?
Nationally, students in the wealthiest areas consistently attend outstanding and good schools with only 2 per cent in schools that are rated inadequate.
New Delhi [India], May 20 ( ANI ): India is the sixth wealthiest country in the world with a total wealth of USD 8,230 billion, according to the AfrAsia Bank Global Wealth Migration Review.
RITA Ora has made it on to the list of the UK's wealthiest young musicians - despite only releasing one album.
Ora, who is set to release a second album later this year, is 11th in the list of wealthiest young musicians.
The Sawiris brothers were not the only Egyptian family included; Egyptian billionaire Mohamed Mansour came in the 10th place among the wealthiest Arabs, and the third Egyptian, with a net worth of $2.7bn, while Yasseen Mansour came in the 15th spot with a net worth of $1.9bn, and Youssef Mansour ranked 24th on the richest Arab list and sixth on the Egyptian wealthiest list with $1.4bn, following Mohamed Al-Fayed, who came in the 17 place on the Arab list and the fifth among wealthiest Egyptians.
But public opinion has found the wealthy burghers in the wealthiest borough in the wealthiest city of one of the wealthiest nations guilty of treating survivors with contempt.
The wealthiest Americans will see the biggest benefit from the Republican plan to repeal the tax on investments and additional Medicare tax in the Republican American Health Care Act, a state-by-state (http://itep.org/itep_reports/2017/03/affordable-care-act-repeal-includes-a-31-billion-tax-cut-for-a-handful-of-the-wealthiest-taxpayers-5.php#.WNKYB6LdmUk) analysis by the Institute on Taxation and Economic Policy indicates, with California and the District of Columbia the biggest winners.
The Global Wealth 2015 report, BCG's fifteenth annual study of the global wealth-management industry has projected that that the Asia-Pacific region (excluding Japan) will surpass North America as the wealthiest region in the world in 2016.
The wealthiest man pays PS59, the second wealthiest PS18 and so on until the poorest 4 pay nothing.
New York: The 300 wealthiest people on earth added $25.6 billion to their collective net worth this week as the US government imposed economic sanctions on several Russian billionaires.
SUPER striker Wayne Rooney is the wealthiest player in the Premier League with a PS51million fortune.