Net worth

Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities.[1] Financial assets minus outstanding liabilities equal net financial assets, so net worth can be expressed as the sum of non-financial assets and net financial assets. This concept can apply to companies, individuals, governments, or economic sectors such as the financial corporations sector, or even entire countries.[2]

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The world’s youngest billionaires 2024

Lorenzo Bagnato

13 December 2023 - 17:00

The world's youngest billionaires 2024

In this article, we’ll look at who the world’s youngest billionaires in 2024 are, from American entrepreneurs to children of wealthy European families.