You have absolute control over these assets, and the right to use these assets can only be controlled by you, and others cannot control your assets.
With real-life examples, the game equipment in your game is your private wealth; The car and house you bought with your own salary are private wealth; The stocks, futures and bonds you buy for investment are all private wealth.
As long as it is bought with your own money, not in partnership with others, not with other people's money, everything can be called private wealth.
In recent years, the rapid economic development in China has made a large number of people around us rich. Now China's list of private wealth has become the second in the world, second only to the United States. Therefore, people now attach great importance to their private wealth.
According to the American Business Insider website, a report recently released by New World Wealth, a wealth research institution, shows that the global private wealth in 20 17 was about 2 15 trillion US dollars.
Among the richest 10 cities in the world, the private wealth of each city reaches at least 1 trillion dollars. Beijing and Shanghai ranked fifth and sixth respectively, with a total private wealth of $2.2 trillion and $2 trillion respectively, while new york ranked first with a total private wealth of $3 trillion.
According to New World Wealth, compared with GDP, the total private wealth is a better indicator to measure the financial health of an economy. Because in the final analysis, the wealth of the masses means the spending power of this country.
Therefore, our country's private wealth can rank second in the world, which also shows that our country's consumption capacity is also in the forefront of the world, and the economic capacity of our people is getting better and better.
So we can say that as long as we buy things with our own private money, we can call it private wealth.