|
|
| *Ostroff, Fair and Company>>>Other - Business & Finance |
How do they work out how much is someone worth? |
for example on the 100 richest people lists What you are worth is subjective since money isn't everything, but in terms of what someone is worth financially speaking this is easy. List everything that a person owns (stocks, real estate, cash, etc) The sum of all this is your assets. List everything you owe ( loans, credit cards, debt, IOUs Taxes, etc) These are your liabilities, Subtract what you owe from what you own and you have your net worth. Hopefully it's a positive number. In the case of the super rich, it can only be estimated based on public information and/or information provided by the individual. what you own how much is in bank |
| Tags |
| Other - Business & Finance Other Taxes United States Taxes United Kingdom Taxes Spain Taxes |
Finance Categories--Copyright/IP Policy--Contact Webmaster |