Definition of "net worth"
noun
countable and uncountable, plural net worths
(accounting) The total assets minus total liabilities of an individual or a company.
Quotations
His car company, Tesla, controls two-thirds of the multibillion-dollar electric-vehicle market it pioneered and is valued at a cool $1 trillion. That has made Musk, with a net worth of more than $250 billion, the richest private citizen in history, at least on paper.
December 13 2021, Molly Ball, Jeffrey Kluger, Alejandro de la Garza, “Elon Musk: Person of the Year 2021”, in Time Magazine