Your Definition of Wealth

Wealth is defined as a measure of the value of all of the assets of worth owned by a person, community, company or country. It is the found by taking the total market value of all the physical and intangible assets of the entity and then subtracting all debts. Wealth is expressed in a variety of ways. For individuals, net worth is the most common expression of wealth, while countries measure by gross domestic product (GDP) or GDP per capita. This is just a general definition of wealth; each individual definition of wealth varies between person to person.

Source: investopedia.com