"Rich Americans", that's our global reputation. We share that world view and never seem to wonder how are we really doing. When you look at money and wealth around the world, Americans are poorer than we think.
One of the most useful calculations a person can make when it comes to their personal finances is to figure out their net worth. Simply put, net worth is the value of your assets (what you own) vs. your liabilities (debts). The average net worth of Americans is $301,000 per adult. Our country ranks number 4 in net worth behind Switzerland (#1), Australia (#2), and Norway (#3). Sweden, France, Singapore, Denmark, Canada and United Kingdom fill our the rest of the top ten respectively.
