Wealth refers to the abundance of valuable resources or possessions that an individual, community, or nation holds. This can include money, property, investments, and other assets that contribute to a person's or group's financial security and quality of life. Wealth is often measured in terms of net worth, which is the total value of all assets minus any debts.
In addition to material possessions, wealth can also encompass non-material aspects such as education, health, and social connections. For example, a wealthy person might have access to better healthcare and educational opportunities, which can enhance their overall well-being and success in life.