net worth

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In '07, Jackson Worth $237M, But Cash-Poor, in Debt

(Newser) - As recently as 2007, Michael Jackson had a net worth of $236.6 million, the AP reports. But his finances weren’t that simple. Most of his $567.6 million in assets were tied up in property and rights—he had just $668,215 in cash—and his debt totaled...

Net Worth of US Households Sinks Another $1.33T

(Newser) - The net worth of US households—assets minus debt—fell $1.33 trillion in the first quarter to $51.71 trillion, the Wall Street Journal reports. The 2.6% drop is smaller than the 8.6% of 2008’s fourth, a Fed report says. The first-quarter data don’t include...

How Much Is Donald Worth? Here's How He Figures It

'Mental projections' and ballpark estimates rule Trump's valuation of his empire

(Newser) - As a defamation action brought by Donald Trump against a writer for allegedly understating the Donald’s net worth gets under way today, the question on everyone’s mind is: How much is Trump really worth? The 2005 book put the figure at $250 million, Deutsche Bank pegs it at...

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