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.
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.
Jimmy Kimmel Net Worth 2021: $50 Million
Jimmy Kimmel is well known for his late-night show Jimmy Kimmel Live !, he is an American television host, actor, producer, comedian, writer, singer and screenwriter, while according to different estimates his total net worth is $ 50 million.
American television host James Christian Kimmel was born in Brooklyn, New York, on November 13, 1967, the son of Joan, who was a housewife, and James John Kimmel.
When he was only nine years old, the family moved to Las Vegas, completed his graduation from Ed W. Clark High School, while after UNLV he received his honorary degree in 2013 and is now considered one of the best hosts in America.
He began his professional career on the radio platform, as Jimmy was the host of a Sunday night talk show on KUNV station in his high school days.
While he gained popularity in college under the name KZZP-FM, he gained fame as a host of radio shows and later hosted many shows where he earned his name.
After radio stations, he decided to start his career as a comedian, so he joined the television industry while appearing on the game show Win Ben Stein’s Money.
After much struggle and earning his name in the industry, he started his own show Jimmy Kimmel Live !, on ABC, which is considered to be one of the best shows in the region.
His annual earnings as a presenter are estimated to be about $ 10 million, he has appeared in numerous films and in some dramas.
Due to his performance, Jimmy has received many awards such as the Daytime Emmy Award for Outstanding Game Show Host, the Writers Guild of America Award, the Hollywood Walk of Fame and now his total net worth is 35 million. Dollars.