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5 November, 14:49

A well-known Hollywood actress owns a home in Beverly Hills and another one on the French Riviera. She owns her own movie production company along with a large stock portfolio. The total of the different things she owns is considered her

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  1. 5 November, 15:48
    All these things that she owns will be considered as her wealth


    An individual's material possessions such as land, savings, stocks and other such property is categorized as his/her wealth.

    Here, the two houses, production company and portfolio stocks, all will be considered her wealth.

    The salaries and wages of the person, on the other hand is considered his/her income.

    A person with lot of wealth is considered wealthy.
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