MEANING OF NET WORTH
When you hear that Aliko Dangote is worth $14 billion, that does not mean that he has that money sitting in his bank account waiting to be spent.
In fact the really wealthy hardly put a lot of their money in banks where it would gradually loose its value to inflation.
What we mean by his net worth is $14 billion is a calculation of his total assets like the value of his shares in his business, his investments, value of his properties, cars, the balance in his accounts and so on.
So if you check yourself now, you might not have any money in your account yet have a net worth of N40 million easily and you will be there thinking you are poor. Think again .
EHIKIOYA NELSON OSEGHALE
FLG PROPERTY LTD