Calculating your net worth is important. This number is like a scorecard for your finances. A higher net worth means you have ...

The typical American household has a net worth of about $193,000. To be in the richest 10% of the US population, you need a household net worth of almost $3.8 million.

You can build a high net worth without a high income, but it sure does help to earn more. S&P 500 +---% | Stock Advisor +---% Join The Motley Fool ...

If you sold all your assets and paid all your debts, what would be left over? That’s your net worth. Calculate it here. Kiplinger. Save up to 74%. Subscribe to Kiplinger.

Even a median net worth of $409,900 may not stretch as far as you'd think. For example, if you invested that amount at a modest 5% interest rate, it would generate about $20,495 annually.

Musk’s net worth is approximately $342 billion, per Bloomberg. That’s a massive drop from the record-breaking $486.4 billion wealth he had reached in December 2024.