Everyone Has a Wealth Number. What's Yours?

Wealth Number_Whats Yours

This new net worth index gives everyone in the world a number, from -2 to 11

Commentary: Amy Braun-Bostich

A majority of the world has $100,000 or less in net worth and only 2,852 people in the world are actually billionaires. There are 40 million people that are within $1-9 million in net worth. There are only 2 people in the world that have over $100 billion. Talk about lonely at the top, I should be so lonely!!

From Bloomberg Businessweek, September 30, 2019

"Millionaire." "Billionaire." We think these words are too broad. That's why we created a scale of net worth based on scientific notation, or powers of 10, which you (should have) learned in fifth grade. Here's roughly how it works: One million is 10 to the sixth power, so a basic millionaire is a 6 on our scale. Bezos and Gates are 11s. At the poor end of the scale, someone with $1 in net worth is a zero, and anyone with liabilities exceeding assets is assigned a -2. 

Your Net-Worth Number

By Peter Coy - Bloomberg Businessweek, September 30, 2019

Go to What's your number? for the complete Bloomberg Businessweek article.

Looking to discuss your net worth or any of our blog post topics further? Don't hesitate to contact us at 724.942.2639 or through our website at www.braun-bostich.com. Thanks for reading!

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