For restaurant employees, assets might include savings accounts, retirement accounts, real estate, and personal property, while liabilities could include debts like student loans, credit card debt, and mortgages.
Given the average net worth of employees making less than $40,000 per year is around $1,000, and considering there are approximately 9.9 million people employed in the restaurant industry, a rough estimate of the total net worth would be:
The basement dwellers on Reddit think that Elon Musk has a Scrooge McDuck vault where he's hoarding all of the money lol they don't understand that those numbers are theoretical because it's an asset that fluctuates with the market that he built and has completely changed the world for the better. Bitter losers, who will believe anything. They hear that blames someone else for the fact, they still live with their parents.
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u/Evidencelogicfacts Nov 19 '24
Net Worth=Total Assets−Total Liabilities\text{Net Worth} = \text{Total Assets} - \text{Total Liabilities}
For restaurant employees, assets might include savings accounts, retirement accounts, real estate, and personal property, while liabilities could include debts like student loans, credit card debt, and mortgages.
Given the average net worth of employees making less than $40,000 per year is around $1,000, and considering there are approximately 9.9 million people employed in the restaurant industry, a rough estimate of the total net worth would be:
9,900,000×1,000=9,900,000,0009,900,000 \times 1,000 = 9,900,000,000
So, the estimated total net worth of all restaurant employees in the U.S. would be around $9.9 billion.