Noun

wealth (uncountable)

1. (obsolete) Weal; welfare; prosperity; good; well-being; happiness; joy.
2. Riches; valuable material possessions.
3. A great amount; an abundance or plenty.

   She brings a wealth of knowledge to the project.

4. Power, of the kind associated with a great deal of money.

Synonyms

• See also Wikisaurus:wealth

Derived terms

• wealthy

Wealth is the abundance of valuable resources or material possessions or the control of such assets. The word wealth is derived from the old English wela, which is from an Indo-European word stem. An individual, community, region or country that possesses an abundance of such possessions or resources is known as wealthy.

The concept of wealth is of significance in all areas of economics, especially development economics, yet the meaning of wealth is context-dependent and there is no universally agreed upon definition. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts. Defining wealth can be a normative process with various ethical implications, since often wealth maximization is seen as a goal or is thought to be a normative principle of its own.

Although precise data is not available, the total household wealth in the world has been estimated at $125 trillion in year 2000. 90% of this wealth is held by people in North America, Europe, and high-income Asian countries, and 1% of adults are estimated to hold 40% of world wealth, a number which falls to 32% when adjusted for purchasing power parity.

Quotes about wealth.

Contents

• 1 Sourced
  • 1.1 Dictionary of Burning Words of Brilliant Writers (1895)
• 2 Unsourced
• 3 Anonymous
• 4 External links

Sourced

• "It is more difficult for a rich man to enter the kingdom of God than it is for a camel to pass through the eye of a needle."
  • Jesus Christ, The New Testament, Luke 18:25

• "We have no more right to consume happiness without producing it than to consume wealth without producing it."
  • George Bernard Shaw, Candida, I

• "Riches have wings, and grandeur is a dream."
  • William Cowper, The Task, III, ‘The Garden’, 263

• "Penny wise, pound foolish."
  • Robert Burton (1577–1640), Anatomy of Melancholy, ‘Democritus to the reader’

• "Riches are a good handmaiden, but the worst mistress."
  • Francis Bacon, De dignitate et augmentis scientiarium, Part I. vi. 3. 6

• "The rich are the scum of the earth in every country."
  • G.K. Chesterton (1874–1936), English author and mystery novelist, The Flying Inn (1914)

• "There is no Wealth but Life."
  • John Ruskin, Unto This Last, IV (1860)

From Wikiquote under the GNU Free Documentation License.
Wed Aug 25 13:19:56 2010