Your net worth

[Bignorthernlad]

Hello all,

Not sure how many will be willing to share their info but wanted to see

I’m going to list my total income last year and my net worth - assets less debts. I’m valuing my busienss at 5x last years net profits.

I’d love to know your numbers - just being nosey.

Income £86k

Assets £740k less £350k debt - £390k

Business valuation at 5x net profits - £700k

Net worth of £1.090m.

I’m 39, live in south London with 2 kids under 6 and have a hospitality business.

Davo

[Huzzah]

https://m.youtube.com/watch?v=ex45znGdECE

[Jamescrs]

New account on Pistonheads and first post is asking people to lay out their net worth on a forum, seems strange

[E63eeeeee...]

Jamescrs said:

New account on Pistonheads and first post is asking people to lay out their net worth on a forum, seems strange

Dunno about that, seems like they'll fit right in.

[Trevor555]

250k in debt

[Jamescrs]

E63eeeeee... said:

Dunno about that, seems like they'll fit right in.

[BoRED S2upid]

Good luck with that business valuation I’d leave that out of the equation.

[POIDH]

Hey OP, do you want my mother's maiden name, DOB, first pets name, and who I bank with in there too?

[rossub]

According the last Sunday Times, it was c£640M

[E63eeeeee...]

£7.50, and about half a bag of werthers.

Dead or alive.

[BoRED S2upid]

E63eeeeee... said:

£7.50, and about half a bag of werthers.

Dead or alive.

I’m worth a lot more dead than alive. Just don’t tell the wife.

[AB]

More than yesterday, less than tomorrow, so it's going in the right direction.

Same as my age, but that's going in the wrong direction unfortunately.

[2 GKC]

Surely okgo will be along shortly to fill us in on the details.

[AlpineWhite]

E63eeeeee... said:

£7.50, and about half a bag of werthers.

Dead or alive.

Technically, Lynn, your life isn't worth insuring

[bad company]

Bignorthernlad said:

Hello all,

Not sure how many will be willing to share their info but wanted to see

I m going to list my total income last year and my net worth - assets less debts. I m valuing my busienss at 5x last years net profits.

I d love to know your numbers - just being nosey.

Income £86k

Assets £740k less £350k debt - £390k

Business valuation at 5x net profits - £700k

Net worth of £1.090m.

I m 39, live in south London with 2 kids under 6 and have a hospitality business.

Davo

Goodbye.

[DoubleSix]

What’s my net worth?

I tend to just buy them when we’re at the sea side and they live a hard life in my kids hands. Doubt anyone would offer more than £2 for the current one.

[cliffords]

I have just done the same calculation. I calculated £23.2 million.
How do you feel now .

[G Thang]

Income £5,000,000,000k

Assets £50,000,000,000k less £0 debt

Business valuation at 5x net profits - £1,00000000000000000000000000000000000000k

I’m 53, live in USA with 47 kids under 6 and have a car business and a sideline in space exploration

[MC Bodge]

2 GKC said:

Surely okgo will be along shortly to fill us in on the details.

His financial details should be a "sticky" post at the top of the forum page or in a PH FAQ("frequently answered questions" ) -alongside a Just Giving link.

Edited by MC Bodge on Saturday 7th June 23:19

[MC Bodge]

G Thang said:

Income £5,000,000,000k

Assets £50,000,000,000k less £0 debt

Business valuation at 5x net profits - £1,00000000000000000000000000000000000000k

I m 53, live in USA with 47 kids under 6 and have a car business and a sideline in space exploration

It was a good idea to use a false name.