net worth

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English

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Noun

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net worth (countable and uncountable, plural net worths)

  1. (accounting) The total assets minus total liabilities of an individual or a company.
    • December 13 2021, Molly Ball, Jeffrey Kluger, Alejandro de la Garza, “Elon Musk: Person of the Year 2021”, in Time Magazine[1]:
      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.

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