DEFINITION of 'Wealth'

A measure of the value of all of the assets of worth owned by a person, community, company or country. Wealth is the found by taking the total market value of all the physical and intangible assets of the entity and then subtracting all debts.


Essentially, wealth is the accumulation of resources. People are said to be wealthy when they are able to accumulate many valuable resources or goods. Wealth is expressed in a variety of ways. For individuals, net worth is the most common expression of wealth, while countries measure by gross domestic product (GDP) or GDP per capita.

  1. Gross Domestic Product - GDP

    The monetary value of all the finished goods and services produced ...
  2. Wealth Management

    A high-level professional service that combines financial/investment ...
  3. Net Worth

    The amount by which assets exceed liabilities. Net worth is a ...
  4. High Net Worth Individual - HNWI

    A classification used by the financial services industry to denote ...
  5. Wealth Added Index - WAI

    A metric designed by Stern Stewart & Co consulting firm that ...
  6. The Wealth Effect

    The premise that when the value of stock portfolios rises due ...
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  1. Which professional athletes are on pace to join Michael Jordan as billionaires?

    Michael Jordan is perhaps one of the most well-known and richest athletes in the world. However, two notable athletic giants ... Read Full Answer >>
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    Mexico meets all the criteria of an emerging market economy. The country's gross domestic product, or GDP, per capita beats ... Read Full Answer >>
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