what is net worth 
net worth is the value of assets an individual or corporation owns minus the liabilities they owe it s an important metric to gauge a company s health providing a useful snapshot of its current financial position the term net worth is used in the financial world to qualify certain individuals for particular investment strategies or financial products such as hedge funds structured products or other complex or alternative investments net worth is sometimes referred to as net wealth it s also become a fixation of popular culture with lists ranking the people with the highest net worth as well as the net worth of various celebrities investopedia joules garcia