Wealth is having abundant money, property, or valuable possessions. A wealthy person might own multiple homes, successful businesses, expensive art, or large amounts of stocks and bonds. Wealth means having more resources than you need for daily living, giving you freedom to make choices about your future.

Think of wealth like a deep reservoir rather than a flowing stream. Someone might earn a good salary (the stream) but spend everything they make, while someone else saves and invests over time, building up wealth (the reservoir). That's why you might hear about a teacher who lived modestly but left behind surprising wealth after decades of careful saving, or a lottery winner who won millions but ended up broke after spending it all.

Wealth can also mean an abundance of anything valuable, not just money. Someone might possess a wealth of knowledge about ancient Rome, or a library might contain a wealth of information about space exploration. When you say a garden has a wealth of flowers, you mean it's bursting with blooms.

Throughout history, different societies have measured wealth differently: cattle in ancient times, land during the Middle Ages, or today's combination of property, investments, and business ownership. People often build wealth by earning more than they spend, investing, and being patient, since real wealth typically accumulates gradually over many years.