What is Net Worth?
Net worth is the total value of a company or individual’s assets, minus liabilities, or whatever is owed to the company or individual.
What is my net worth?
To find your net worth, simply add the value of all your assets together and subtract the amount you owe in liabilities. This total will give you your net worth.
What is an example of net worth?
Net worth is calculated by subtracting what you owe. For example, if the value of your home, car, and investments increases to $500,000, and you have $200,000 in outstanding debts, your net worth would be $300,000.