•
Liabilities include secured and unsecured liabilities:
Ø
Secured liabilities: It includes automobile
loans, home loans. margin loans, home mortgage, rental real estate mortgage
Ø Unsecured
liabilities: It includes Medical bills, personal loans, credit card debts,
taxes due, student loan etc.
Liabilities are calculated by adding all the secured and unsecured
loans.After getting all the information on the assets and liabilities of a
celebrity, it becomes easy to determine his net worth. And then compare it with
other celebrities to determine the richest celebrities.
Richest celebrities can be seen in various fields like sports,
film industry etc. There are different lists provided online of the richest
celebrities in various countries as per their net worth. For more information visit website #articlebio.org.
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