net worth

noun

net worth

noun
1

Accounting, Business, Finance The total assets minus total liabilities of an individual or a company.

  • His car company, Tesla, controls two-thirds of the multibillion-dollar electric-vehicle market it pioneered and is valued at a cool $1 trillion. That has made Musk, with a net worth of more than $250 billion, the richest private citizen in history, at least on paper.2021 December 13, Molly Ball, Jeffrey Kluger, Alejandro de la Garza, “Elon Musk: Person of the Year 2021”, in TIME, archived from the original on 13 Dec 2021:
Synonyms
capital
Derived terms
your network is your net worth

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.