Can One’s Financial Net Worth Be Truly Assessed?
I think it would be extremely difficult to ascertain if the person is not willing to reveal his liquid assets. What’s your opinion?
I am not sure if it can be truly assessed. There are many factors to value someone’s net worth. Is a persons intellect part of a person’s net worth?
Financial net worth of a person or corporation is the value of their assets minus their liabilities. From this definition, what’s put on the table can be fully assessed – which is what normally the case is – but what’s well hidden will remain unknown.
It’s very difficult to access ones wealth.since most income and payment comes from outside banks consider women who sell sex for money
Yes, it can. But as you said, the self reported financial worth might not accurate in showing one’s true financial worth. However, if the authoritative body need to know one’s financial worth, they have every means to get it. And they can thoroughly identify every asset that belong to a particular person.