What amount of wealth is typically associated with being considered as “ultra-rich” or “super-wealthy”?

The terms “ultra-rich” and “super-wealthy” are somewhat subjective and can vary depending on the context and location. However, in general, ultra-rich individuals are those with a net worth exceeding $500 million, while super-wealthy individuals are typically those with a net worth exceeding $1 billion.

It’s important to note that net worth is calculated by subtracting an individual’s liabilities (such as debts and loans) from their assets (such as investments, properties, and other valuables). Therefore, an individual’s income alone does not determine their net worth or status as ultra-rich or super-wealthy.

Again, these are approximate figures, and what is considered “ultra-rich” or “super-wealthy” may vary depending on factors such as location, industry, and overall economic conditions.

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