What is Net Worth? Uses of Net Worth
Net Worth is the combination of two words (Net Worth) that carry equally meaning. It is mostly referred to as financial assets. Nut Net Worth is about financial or Non-Financial assets that are owned by an individual or by a company or firm. Mostly this word is used for most famous persons like singers, politicians, businessmen and many more.
But the main purpose of this statement is to collecting, analyzing and summarizing assets that are owned by one person or company. It is also for annual balance sheets and income statement preparation. So it plays an important role in legal documents. Additionally, it is also shown that how much a person is rich? It includes all assets like houses, cars and bank balances.
Also See: Katy Perry Net Worth: How Rich Is Katy Perry Right Now?
It is also used to show the assets and liabilities of a person. It also helps the government to record the data about national wealth. It also controls the illegal activities of wealth in the country. Every famous person is responsible to submit it every year to the government for his records monitoring. It also helps to make the tax ratio according to people’s wealth power. It shows the nation’s wealth correctly. So it can be said that Net Worth is an important document or statement which helps the peoples and government institution to maintain wealth in the country.
Jennifer Lawrence Net Worth: $130 Million
Jennifer Lawrence is an American actress, model, and media personality; According to the 2016 report, she is the highest-paid actress in the world, she began her career acting in Church plays and school musical shows and the beautiful actress is known as one of the best actresses in the industry.
The beautiful American actress Jennifer became interested in acting when she was a little girl during her school days, she was seen at the age of 14 by an agent who helped her audition and after that, she appeared on the screen.
Personal life and career
Jennifer Shrader Lawrence, one of the most beautiful actresses, was born in Indian Hills, Kentucky, USA. The USA, on August 15, 1990, from Gary, who was a construction worker and mother Karen, manager of the summer camp; According to the actress, she faced many problems in her childhood due to social anxiety and her mother was so strict with her that she was not allowed to play with other girls at school.
She was seen by a talent agent in New York when she was a child, but Lawrence moved to Los Angeles where she began her acting career through different television shows, Jennifer first starred on the television show Company Town and got world-wide fame when she appeared in the series “The Bill Engvall Show“.
After gaining television screen success, he moved into the film industry, made his debut through the movie Garden Party, which premiered in 2008, and, through this film, received critical praise for his talents as an actress.
The beautiful actress Jennifer Lawrence has won many awards, as well as several nominations such as the Academy Awards, the AACTA International Awards, the British Academy Film Awards, the Golden Globe Awards and many others; She holds the Guinness World Record for highest-grossing action heroine.