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Thread: a net of...

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    #1

    Smile a net of...

    Dear Teachers,

    I am writing to ask the following question.

    He's the founder and owner of a major international company with "a net worth of over 20 million." What does "a net worth of over 20 million mean?"

    Thanks!

    Emily

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    #2

    Re: a net of...

    Net means after all deductions like tax, so it is his real worth, not an inflated figure.

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