ELI5: Explain Like I'm 5

Wealth

Wealth is the amount of money, property, and other valuable things that someone has. An easy way to think of wealth is like having lots of toys and things that you can do, like going on vacation or buying nice clothes. The more money you have, the more wealth you have. People with a lot of wealth have the ability to buy or do more things than people who do not have a lot of money.