Net Worth

In personal finance, net worth refers to an individual's net economic position; similarly, it uses the value of all assets minus the value of all liabilities. In business, net worth is the total assets minus total outside liabilities of an individual or a company.

About Net Worth

Net worth is found by listing your assets (material possessions, savings and investments) and subtracting your liabilities (money you owe). The net worth of individuals is often used to confirm that a person is or is not eligible for certain investment classes, for example, hedge funds.

Every year Forbes magazine publishes the list of the world's richest people, and also the 'Celebrity 100', a list of 100 celebrities and their salaries. Though salaries are not the same as net worth, they are a good indication. Here is a selection from the list.

Oprah Winfrey $315 million
Beyonce Knowles $87 million
James Cameron $210 million
Lady Gaga $62 million
Tiger Woods $105 million
Britney Spears $64 million
U2 $130 million
Sandra Bullock $56 million
Johnny Depp $75 million
Madonna $58 million
Simon Cowell $80 million
Taylor Swift $45 million
Miley Cyrus $48 million
Jay-Z $63 million
Black Eyed Peas $48 million
Angelina Jolie $20 million
Daniel Radcliffe $45 million

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