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What Assets Make Up Wealth?
A person’s wealth can be made up of many different assets.

Net worth, the measure we use to gauge wealth, is actually the sum of all of a person’s assets after subtracting liabilities (such as loans). Therefore, net worth can be comprised of liquid savings, stocks, mutual funds, bonds, real estate, vehicles, retirement accounts (IRAs, pensions), and many other types of assets.

But how does the composition of net worth differ for a person with $100k in net worth, versus that of a billionaire?

What Assets Make Up Wealth? #Infographic

Visualizing the Global Millionaire Population
When we think of the term “millionaire”, it’s only natural for our thoughts to be skewed towards the famous business magnates that have amassed giant fortunes, like Jeff Bezos, Elon Musk, or Warren Buffett.

However, the reality is that those types of ultra high net worth individuals (UHNWIs) with fortunes above $30 million are a fairly rare commodity – and when it’s all said and done, they make up a very tiny percentage of the millionaire population as a whole.

Visualizing the Global Millionaire Population #Infographic

Image: Is America Ready for the Largest Intergenerational Transfer of Wealth in History?
Baby boomers who are currently drowning in debt due to the changing retirement landscape might just be able to make it through, as a huge wave of wealth is coming their way. As their parents die, two-thirds of boomers ages 48 to 66 are set to inherit trillions – here’s the breakdown of who, when, and how much will they inherit in the following years.

Is America Ready for the Largest Intergenerational Transfer of Wealth in History?

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