Net Worth

Although net worth is a term often heard when discussing celebrities, understanding net worth isn't only for the mega-rich. Knowing your net worth can help you create a complete picture of your financial situation and can help you track your financial goals.

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FAQ

Here are the answers to some of the most frequently asked Net Worth questions.

If you are trying to gauge where your finances are sometimes it is helpful to know where others your age stand. The average net worth of different generations will vary. For example, people 35 and younger have an average net worth of $183,500 whereas boomers in the retirement age range of 65 to 74 have an average net worth closer to $1,794,600
Upper-class households typically have a net worth of $1 million or more. This amount can include investments, inheritance or income but may vary depending on the location property values and cost of living.
The list of the richest people in the world does fluctuate based on net worth but there are typically the same usual suspects at the top of the roster. The current richest people in the world include Bernard Arnault, Jeff Bezos, Elon Musk, Mark Zuckerberg, Larry Ellison, Warren Buffett, Bill Gates, Larry Page, Steve Ballmer and Sergey Brin.

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