WHO’S RICHER? - Rihanna or Nicki Minaj? - Net Worth Revealed! (2017)
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The combination of what you own (your assets) and what you owe (your liabilities ) makes up your personal net worth. Knowing Setting up a net worth statement is as easy as creating a simple checklist and doing some basic math. List your Find out your net worth quickly and easily with our net worth worksheet (PDF). There are instances where it's important to find out what a person is worth. For example, if you're seeking the creditworthiness of someone or if you're looking for a potential business partner. However, it's unfortunately not always the simplest of processes. Below, we'll explain how you can calculate net worth of a person. Whether you are seeking to find out someone's net worth, or you are mulling over a divorce settlement or want to know the creditworthiness of a person, you will find it necessary to verify someone's assets. The process can, however, turn out hectic, especially if you do not know where to start. The conventional first thought .
I am fascinated by the fact that companies like WealthEngine are able to determine a person's capacity to give and can provide this information to any organization that is looking to pursue a capital campaign or other fundraiser.
How is this possible for them to gather such information from public records?
How To Find Out Someone's Assets - Verify Net Worth & Assets |
I have been searching online for hours, trying to find sites that explain what pertinent public information is used to create a person's financial profile. So far, I haven't found anything remotely useful.
How To Find Out What a Person is Worth - Lookup Someone's Assets |
The easiest information to get is home value, but this isn't a reliable indicator by itself. Banking info is private, right? So that won't be available.
For one the info is probably highly proprietary. But to truly know what you own, you have to factor in what you owe. Where else can you look? Whether you practice it or hire a private investigator to do it, it's a federal crime.
I guess you could scrape fund information to see who the major shareholders are, but even if you did this, you'd still miss people that have a high capacity to give, yet fly "under the radar". This is an interesting topic for me right now, so any hints on where to continue my search would be appreciated.
I'm personally not trying to fundraise, so buying an account with WealthEngine or similar isn't an option for me. I am not arguing whether or not there is a privacy issue surrounding net worth determination. I just want to know what information sources are out there that would allow companies to assemble an individual's net worth profile. This question does not appear to be about Personal Finance within the scope defined in the help center.
If this question can be reworded to fit the rules in the help centerplease edit the question.
Questions Tags Users Badges Unanswered. Join them; it only takes a minute: Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top. How can you determine a person's net worth? While I understand your curiosity I see this question as low quality.
GOOGLING MYSELF!! MY NET WORTH.
For one the info is probably highly proprietary. Secondly having such information does not really change your's or other's lives other than creating a competitor to this company. On the other hand I am wondering the same thing! Jan 18 '17 at I do disagree that the information is proprietary. Isn't it only possible to create a profile for someone based off of information that is publicly accessible? Therefore, it's just a matter of knowing where to look, and having the ability to scrape and aggregate all relevant data.
The latter is the proprietary part -- how to gather and mine the information continue reading but I'm only looking for the information that makes that possible.
What Should You Not Do? Therefore, it's just a matter of knowing where to look, and having the ability to scrape and aggregate all relevant data. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner, or investment manager.
This isn't really on-topic here. Maybe it's a topic about privacy, maybe it's a topic about publicly available info, but there's nothing actionable in the world of personal finance as a result of this discussion. The help center is very clear though. Agree on off-topic, but actually I was curious too - and they answer this partially on their site: I can then fill in the dots for you - they purchase information from list brokers, banks credit cards, loan appscredit bureaus, and likely dozens or hundreds of other sources.
Then they run algorithms to aggregate the data and provide profiles on individuals.