To find out my net worth, you will have to take out your expenses, something like this: House expenses (30k) Car Loan (15L) Home Loan (20L) Here you can also include rent, Credit Card bill (30k) Other expenses (15k) Now add these, now your Liabilities are thirty lakh twenty five thousand (3,575,000).
Now add all the money you have in the bank like Fixed Deposit (3L) and all your Money Savings (1L), and Jewellery (2L), current (Persent) car price (5L), price of land (23L), cash count (20k) and other types of bonds (1L), shares (5L), Mutual Fund (11L) etc. now your assets are Seventy One Lakh Twenty Thousand (5,120,000).
my net worth formula
Example
Liabilities:- 3,575,000
Assets :- 5,120,000
(Formula):- Assets- Liabilities = Net Worth
3,575,000 - 5,120,000 = 1,545,000
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What is Net Worth
To find out someone's net worth, you have to find out his entire expenditure and his entire life savings. Now subtract the minus (-) of these two and the result is called net worth.
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high net worth individual
Interest rates - How many types of Interest rate
high net worth company
In a company or business, the actual value of a company is calculated.
How many types of Net Worth
Generally there are two types of net worth in India, first positive and second negative and there are two types of each.
Positive
Positive net worth is when we subtract the expenses and savings of a person or organization. And if it comes in + plus then it is positive.
Nigative
If the wealth of a company or an individual has to be calculated then the same Net Worth formula has to be applied – liability minus assets. Now if it comes in minus then it is in negative (loss).
Personal finance net worth
To calculate your personal net worth, you have to add your assets (current assets value). After this, you have to subtract your liabilities from it and that's it, now your net worth is calculated.
- Home
- Fix Deposit
- Automobiles
- Mutual funds
- Cash
- Household goods
- Stocks
- Jewellery
- Bonds
- Retirement amount
How to calculate Net Worth
When we add or subtract the assets of any company or individual then the Net Worth formula is same for both; Assets - Liabilities = Net Worth. Now your net worth will be calculated.
High Net Worth People of India
List of the richest people in the world, high net worth people in world, You will find the list of India's richest people below.
High net worth people
- Mukesh Ambani $92 B Age 66,
- Gautam Adani $68 B Age 61,
- Shiv Nadar $29.3 B Age 78,
- Savitri Jindal $24 B Age 73,
- Radhakishan Damani $23 B Age ,
- Cyrus Poonawalla$20.7 B Age 82,
- Hinduja family $20 B Age 87,
- Dilip Shanghvi $19 B Age 68,
- Kumar Birla $17.5 B Age 56,
- Shapoor Mistry $16.9 B Age 59,
High networth companies of India
The list of India's richest companies is below. If you want to know about the richest companies in the world high net worth companies in world
High net worth Companies
- HDFC Bank 10.55 Lakh crore
- ICICI Bank 7.08 Lakh Crore
- Infosys 6.92 Lakh Crore
- LIC India 6.31 Lakh Crore
- Bharti Airtel 6.25 Lakh crore
- Hindustan Unilever 5.63 Lakh crore
- ITC 5.05 Lakh crore
- SBI 6.30 Lakh Crore
- Reliance industries19.90 lakh crore
- TCS 14.91 Lakh crore