The exact definition of a high-net-worth individual varies between financial institutions, but most commonly, the term refers to those with over $1,000,000 worth of liquid, investable assets.

The average net worth of an American is roughly $192,700, but looking at the average net worth by age, educational attainment, and race reveals a more complicated picture. Image source ...

While understanding where you fall within the national average when it comes to your net worth is useful information, keep in mind that it has no bearing on your value as a person. It’s just ...

Russell Simmons’ overall net worth is estimated to be around $340 million as of 2024. This significant wealth comes from his pioneering work in the music industry as the co-founder of Def Jam ...