HN Explorer

Ask HN: What is your net worth?

37 points by toocool ↗ HN
Hello HN

The more I think about it, the more I am worried about the future and ability to provide for my family, and the most reasonable answer seems to have a good safety net, and I am curious as to how I compare to fellow technologists.

What is your age, state (or country) and net worth, measured as the value of your assets if liquidated today - liabilities? I'll start:

Age: 32

State: CA

NW: 550k USD (I don't own a house, so that's all liquid in investment funds)

Thanks!

65 comments

[ 5.4 ms ] story [ 326 ms ] thread
BenjiWiebe
Age: 20 Location: central Kansas Approximate net worth: $2k

Probably need to work on upping that a bit.

Cyph0n
Age: 24, Location: Atlanta, NW: ~$2k

Welcome to the life of a grad student..

toocool
I was right there at 24 :)
poudus
Age: 24 Poland NW: 2.5M USD
toocool
Impressive! Bitcoin, business or inheritance if I might ask? :)
chirau
Can crypto millionaires cash out yet?
Flammy
Sure, crypto has has always had both ways, not like you're locked in or anything.

There might be hurdles around the speed of delivery (measured in days or weeks) and I've seen some people cashing out splitting into multiple payments for various reasons, but overall just a little harder and slower than regular transactions. And probably some extra fees, but if you are a millionaire from crypto that is a drop in the bucket.

poudus
Crypto ;) and some local stock market investments.
chirau
How did you become so wealthy? Do you run a company or had a lucky break or your family is rich? Just curious.
poudus
Answered in the previous comment. Humble beginnings, trading since I was 16.
nworththrow
Age: 26 Location: London, UK NW: 300k GBP
partypan
Age: 43 State: CA NW: ~2million
toocool
Very nice! Did you get there through normal income and aggressive savings, or had some liquidity event from startups?
partypan
Normal income -> savings, timely purchase of primary residence during recession, some fortunate startup equity. About a third each.
funfunfunction
{ "age": 20, "location": "Seattle", "netWorth": 15000.00, "netWorthCurrency": "USD" }

Started working as a software dev out of high school. Struggling to save (more) money in such an expensive place.

Flammy
Cost of Living is very much "ouch". Mind sharing what you pay for rent and in what area?
funfunfunction
I lived in Belltown for about a year and was paying $2,335. I now rent a house in Medina (just across SR 520) with some friends and rent is only $585.
julien_c
Congratulations! I'm curious, how have you saved 550k at age 32?

Is it a matter a linearly saving ~68k USD a year every working year (I'm assuming a high-paying engineer job in the Valley), or have you had equity in a successful venture?

toocool
It's really not that much if you look at the other responses. Anyway, the answer is linearly saving ~50% of income, I hope I'll get some sort of liquidity event from some stock options I have, but I'm not banking on it.
bunderbunder
Prediction: The (age-adjusted) distribution of responses will follow a bathtub curve, but not because that's the population distribution.
chesterc
Age: 23

Location: North Holland

NW: €10k

dvbdvb
Age: 40 State: OH (Cleveland-metro) NW: ~2.2M
punk_coder
Age: 45 State: GA (Atlanta, Decatur) NW: ~2 million

Good job on your net worth at 32.

netwrththrow
deleted
overcast
That is not late, and it sounds like you're just boasting to be honest. You are WAY ahead of the curve for most people on this planet.
netwrththrow
If I started at 21-22 I'd be able to save an extra $1-2M by retirement, so yes, it is late when you're optimizing for financial independence.
chesterc
Why stop at 21? Those who started at 18 had 3 extra years to make money?
overcast
OP wasn't asking about financial independence. Your post is unnecessarily dramatic for the sake of talking about how well off you are. I mean you JUST created an account to post about it.
andai
To be honest if you're making minimum wage in the USA, you are also way ahead of the curve for most people on the planet.

But yeah, people in this thread are doing a bit better than most people in America!

I heard the other day that 2/3 to 3/4 of Americans are living paycheck to paycheck and could not afford an unplanned $500 expense.

btian
Age: 27

State: CA

NW: ~1M USD

baron816
You're not going to get anything but outliers here.
t0mbstone
Wow! 32, with a network of half a million!

You are significantly richer than most of the people I know.

orange_county
28 State: CA NW: ~15k

Kind of worried since I had to switch careers and now I have a late start to my technology career

medicalworld
36

CA

NW: $3200

Hypothetical Equity Value: $40m