Net worth doesn't mean you have that amount of money in your bank account. Net worth is total assets minus total liabilities. Assets can be real estate, vehicles, investments, intellectual property, money in a bank, gold and silver, jewelry etc etc minus things like mortgages, loans, other debts.how do i know how krugman runs his personal finances?
easy.
1: IF he in fact does have 2.5 mil in the bank, then he is not broke.
net worth doesn't always = intelligent though, usually all you need are determination and drive. There are plenty of really smart people that have neither of those.