The American press lavishes attention on efforts of top execs to maximize their profits, equating their net worth with high moral character. |
To compensate, Americans have refinanced mortgages, piling on the debt and lowering their average net worth. |
For most of them, a huge portion of their net worth is tied up in company stock or company stock options. |
Last year there were 497 billionaires with a net worth of 1.54 trillion dollars. |
At the same time, the net worth of the wealthiest families has grown at a rapid rate. |
Its net worth was over a million dollars in the United States because it was an actual katana used by a shogun in ancient Japan. |