Assets without physical substance are created daily, continually expanding the definition of an intangible asset. Any resource controlled by an entity as part of a purchase or self-creation that creates a certain economic benefit constitutes an asset.
$45 Million. David Baldacci net worth: David Baldacci is an American novelist who has a net worth of $45 million dollars. David Baldacci was born in Richmond, Virginia and went on to graduate from Virginia Commonwealth University. From there, he earned a law degree from the University of Virginia. He relocated to Washington, D.C. to work as a lawyer for the next nine years.
A self-made millionaire, Renacci started his first business at the age of 24. It is estimated that Renacci is currently worth between $35 and $100 million and made salary, interest and other income of between $500,000 and $4.3 million in 2008 and 2009.