total assets

Vector manages about $11 billion in total assets, according to U.S. officials.

The nonprofit’s tax forms show that its total assets increased by much less than Johnson said, from $12 million at the beginning of 2022 to $81 million at the end of 2023.

In its most recent quarterly filing, the company listed total assets of $209.7 million and total liabilities of $273.1 million as of Sept. 30.

Data from investment advisory firm Value Research shows Indian non-financial businesses were sitting on cash worth 11% of their total assets, corroborating the view that companies are not spending money in making fresh investments.

However, importantly, this could only be achieved if each partner passed on £1.5m of their total assets at death sequentially, rather than in one £3m estate upon the death of the second partner.