Mark Kelly Net Worth 2024: Explore His Finances

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Public Speaking

Mark Kelly Net Worth 2024: Explore His Finances

An individual's net worth represents the total value of their assets, minus their liabilities. For Mark Kelly, this figure reflects the aggregate value of his holdings, including but not limited to real estate, investments, and other financial assets, after accounting for debts and obligations.

Understanding Kelly's net worth provides a snapshot of his financial standing. Such information is frequently relevant in assessing the potential financial impact of decisions, investments, or ventures associated with individuals in public life. It can also offer insight into the economic context of various endeavors or positions. Historically, public figures' net worths have been a subject of scrutiny, sometimes reflecting public perception, media interest, or economic analyses. Knowing this figure can aid in understanding the potential financial implications of various scenarios or public pronouncements.

This article will delve into factors influencing the evolution of this figure, including the nature of his income sources, investments, and potential future financial projections. This exploration will offer a more thorough understanding of the individual's financial posture.

Mark Kelly's Net Worth

Assessing Mark Kelly's net worth involves examining various financial factors. This exploration provides insight into the individual's financial standing, drawing connections between income sources, investments, and public perception.

  • Income sources
  • Investment portfolio
  • Asset valuation
  • Liability assessment
  • Public perception
  • Historical trends
  • Professional background
  • Economic context

Mark Kelly's net worth is a dynamic figure influenced by his diverse income sources, including his political career and previous employment. An accurate valuation hinges on assessing the value of his assets, like real estate and investments. Liability calculations are equally important. Public perception can impact the perceived value, even though this doesn't directly affect the intrinsic worth. Understanding his background and the economic conditions of his career path contribute to a deeper understanding of this figure. Historical trends in comparable professional figures and economic cycles can offer additional context. For example, fluctuations in the market or shifts in professional income can alter the net worth over time. Ultimately, this analysis seeks a thorough understanding of the factors that shape Mark Kelly's financial position.

1. Income sources

Mark Kelly's income sources directly impact his net worth. The value of his assets and the overall financial picture depend heavily on the consistent generation of income from various avenues. A significant portion of this income likely arises from his career as a U.S. Senator. Salaries, allowances, and other compensation associated with this role are a primary factor. Additionally, pre-political career earnings may have contributed to the accumulated wealth. Investment returns from assets acquired through previous employment or personal ventures could significantly bolster his overall net worth. The potential for additional income streams, such as speaking engagements or consulting work, must also be considered. Analyzing these income streams is essential to fully grasp the composition of his net worth.

The magnitude and consistency of income streams are crucial. High-value, regular income generates greater net worth accumulation over time compared to lower and/or irregular streams. For example, sustained high earnings from a senator's position provide a foundation for investment opportunities and the acquisition of assets, which in turn directly contribute to a higher net worth. Conversely, fluctuations or interruptions in income sources can result in a lower net worth or hinder its growth. Understanding these relationships enables a more comprehensive picture of how individual income influences an individual's overall financial position.

In summary, income sources are a fundamental driver of Mark Kelly's net worth. The quantity, stability, and nature of these sources are critical determinants. Evaluating these elements offers a deeper understanding of the multifaceted factors shaping his overall financial standing. This insight is essential for comprehensive analysis and accurate interpretation of his financial position within the broader context.

2. Investment Portfolio

An individual's investment portfolio significantly influences their net worth. The value and performance of investments directly impact the overall financial standing of an individual. This section explores the role of Mark Kelly's investment portfolio in determining his net worth. Understanding the composition and performance of these investments is crucial for a comprehensive assessment.

  • Asset Allocation

    The distribution of investments across various asset classes (stocks, bonds, real estate, etc.) forms the core of an investment portfolio. A well-diversified portfolio typically reduces risk and can contribute to steadier growth over time. The specific allocation choices made by Mark Kelly, and the results they have produced, provide insights into the strategy behind his investment choices. Understanding these allocations helps in assessing the potential returns and risks associated with the investments and their impact on his overall net worth.

  • Investment Strategy

    The overarching investment strategy implemented by Mark Kelly determines the potential returns and risk profiles. The adopted strategy directly affects the types of assets held, the time horizons for investments, and the approach toward managing risk. Whether the strategy prioritizes growth, preservation of capital, or a balanced approach, these choices influence the trajectory of his net worth. Analyzing the strategy informs predictions about future growth potential and financial vulnerability.

  • Performance History

    Historical investment performance provides evidence of the effectiveness of the portfolio's strategy. The rate of return achieved over time demonstrates the success of specific investment choices and the portfolio's overall resilience. Evaluating this historical data allows for assessment of past success or failure in driving net worth growth. Comparing performance against market benchmarks helps in gauging the relative success of the investment approach.

  • Potential Future Impacts

    Future projections based on current market trends and predicted economic conditions can offer insights into the possible trajectory of Mark Kelly's net worth. These projections require careful consideration of economic forces and investment dynamics. Evaluating factors such as the current market climate, regulatory changes, and anticipated economic developments informs projections for future returns and their effect on his net worth.

Ultimately, Mark Kelly's investment portfolio is a key determinant in his net worth. Understanding the asset allocation, strategy, historical performance, and potential future impacts provides a comprehensive picture of its influence. This information, when coupled with other financial factors, leads to a more complete understanding of his overall financial standing.

3. Asset Valuation

Accurate asset valuation is fundamental to determining Mark Kelly's net worth. The process of assigning monetary values to assets held by an individualincluding property, investments, and other holdingsdirectly impacts the calculation. Fluctuations in asset values directly influence the net worth figure, requiring careful consideration of various factors to ensure a reliable assessment.

  • Methods of Valuation

    Different assets necessitate different valuation approaches. Real estate, for example, might be appraised by licensed professionals, considering factors such as market conditions, comparable sales, and property characteristics. Investments, such as stocks and bonds, typically derive their value from market prices. Other assets, like collectibles, might be valued by auction records, expert assessments, or market research. Understanding and applying the appropriate valuation methods is critical for an accurate representation of overall net worth.

  • Market Conditions and Trends

    Market fluctuations significantly impact asset values. Changes in interest rates, economic indicators, and overall market sentiment influence the assessed worth of assets. For example, a downturn in the real estate market can cause a decline in property valuations, impacting the overall net worth. Assessing the influence of market trends on asset values is crucial to producing a current and relevant calculation.

  • Appraisal Expertise and Accuracy

    Valuation often requires expertise. Different assets call for different skillsets. Professionals trained in appraisal methodologies provide more precise and accurate estimations. Factors such as experience, adherence to industry standards, and market familiarity of appraisers affect the reliability of the valuation process. Inaccuracies in appraisal practices or a lack of necessary expertise can lead to misrepresentation of the individual's net worth.

  • Time Sensitivity of Valuation

    Asset values are dynamic. Values change over time, influenced by a multitude of factors. Recent market trends, economic conditions, and specific characteristics of the asset are pivotal factors to consider in a current valuation. Delayed appraisals or neglecting to update valuations according to current market conditions can result in a discrepancy between the true worth and the reflected net worth, producing an inaccurate representation of the current financial position.

In conclusion, asset valuation is a complex process that directly impacts the calculation of Mark Kelly's net worth. Accurate valuation depends on the chosen method, current market conditions, the expertise of appraisers, and the time sensitivity of the evaluation. Careful consideration of these variables is essential for producing an appropriate and accurate portrayal of Mark Kelly's financial standing.

4. Liability Assessment

Assessing liabilities is crucial for determining a complete understanding of Mark Kelly's net worth. Liabilities, which encompass debts and obligations, directly subtract from the total value of assets. A comprehensive analysis considers the nature and extent of these liabilities to provide an accurate reflection of the individual's net financial position.

  • Types of Liabilities

    Liabilities can include various financial obligations. Mortgages on real estate, outstanding loans, credit card balances, and outstanding taxes represent common examples. The specific types and amounts of liabilities significantly affect the final calculation. Understanding the distinct characteristics of each liability type, such as interest rates and repayment terms, provides further insight into the financial picture.

  • Valuation of Liabilities

    Accurate valuation of liabilities is vital. This often involves determining the outstanding principal balance, accrued interest, and any associated fees. Precise estimations are essential for a true reflection of the financial burden and its impact on the overall net worth. For instance, the total amount owed on a mortgage, incorporating interest and late fees, directly impacts the calculated net worth.

  • Impact on Net Worth Calculation

    Subtracting the total value of liabilities from the total value of assets yields the net worth figure. A substantial liability amount reduces the net worth calculation. Conversely, reducing or eliminating liabilities positively affects the net worth. This highlights the significance of managing debts effectively in enhancing net worth.

  • Historical Trends and Context

    The nature and extent of liabilities can vary over time, reflecting economic conditions and life events. Changes in economic cycles, or major life changes like a purchase of a home, often necessitate the acquisition of liabilities and impact net worth. Analyzing historical liability patterns provides further context to understand the overall financial picture of Mark Kelly's current situation.

In conclusion, a comprehensive liability assessment is critical in providing a complete picture of Mark Kelly's net worth. The types of liabilities, their valuation, impact on the overall calculation, and historical trends all contribute to a nuanced understanding of his current financial position. By considering the various factors involved in liability assessment, one gains a more complete understanding of the complete financial profile, enabling a more informed perspective on the individual's financial situation.

5. Public Perception

Public perception plays a significant role in shaping the narrative surrounding an individual's net worth. While the actual financial status is determined by verifiable financial data, the public's understanding and interpretation of that status can significantly influence how the figure is perceived and discussed. This, in turn, can impact the individual's reputation, career, and even public policy discussions.

  • Media Representation

    Media portrayal of an individual's financial status often influences public perception. Framing or highlighting specific aspects of the financial narrative, either accurately or inaccurately, can create a particular image in the public's mind. The tone and context in which a figure's net worth is discussed can significantly impact the public's understanding. A story emphasizing lavish spending, for instance, can foster a negative perception, even if the financial status is objectively stable. Conversely, if the focus is on prudent financial management, the perception can be more positive. Selective reporting, headlines, and associated imagery are all powerful tools in shaping the public's view.

  • Comparisons and Contextualization

    Public perception often involves comparisons. The public may compare an individual's net worth to those of peers, competitors, or historical figures. The context surrounding these comparisons heavily influences the resulting perception. Presentation of the net worth relative to the individual's career trajectory and lifestyle, or to current economic conditions, is critical. This framing can impact how the public interprets the figure's wealth, whether it is seen as justified, excessive, or insufficient.

  • Political Implications

    In political contexts, public perception of an individual's net worth can become a pivotal factor. Concerns about financial interests, potential conflicts of interest, or accusations of wealth accumulation through questionable means are frequently raised in political discourse. This can significantly shape public opinion and influence voters' decisions, irrespective of the actual veracity of such assertions. Thus, public perception becomes a significant political factor that often has lasting effects on a person's standing.

  • Impact on Reputation and Trust

    A positive public perception of an individual's wealth can foster trust and respect. Conversely, a negative perception can damage reputation and credibility. This connection underscores the importance of maintaining transparency and accountability in managing financial affairs. The public's perception of financial integrity is essential in fostering trust, especially for figures in public life. Any perceived incongruence between wealth and public service, or between declared assets and lifestyle, often leads to questions of ethics and accountability.

Ultimately, public perception of Mark Kelly's net worth is a complex interplay of media representation, comparisons, political considerations, and the impact on reputation. Understanding how these elements interact is crucial for comprehending the broader social and political implications of wealth discussions in the public sphere.

6. Historical Trends

Examining historical trends provides valuable context for understanding Mark Kelly's net worth. Patterns in wealth accumulation, particularly within comparable professional fields, can illuminate the factors influencing his financial situation. Analyzing historical data reveals broader economic trends that have shaped the trajectory of personal wealth, providing insights into the forces impacting Kelly's financial standing and providing a larger backdrop for his current financial position.

  • Economic Cycles and Wealth Accumulation

    Economic cycles, characterized by periods of growth and recession, significantly impact wealth accumulation. Historically, prosperous economic periods typically see increased investment opportunities and higher earning potential, fostering wealth growth. Conversely, recessions and economic downturns can negatively affect asset values and income stability. Tracing these cycles reveals the potential influence on Kelly's career earnings and investment returns, thus offering perspective on how economic conditions might have impacted his net worth over time. This historical perspective provides a valuable framework for understanding the influence of broad economic forces on his financial status.

  • Wealth Accumulation in Similar Professions

    Analyzing the historical wealth accumulation patterns of individuals in similar political and public service roles provides useful benchmarks. Examining comparable figures reveals trends in salary, compensation structures, investment strategies, and the typical evolution of net worth within the profession. This comparative analysis helps assess if Kelly's net worth aligns with historical averages for individuals in his profession or if it deviates significantly, prompting further investigation into the factors contributing to any observed differences. Such comparisons can provide a valuable baseline for evaluating his wealth accumulation in context.

  • Inflation and Purchasing Power

    Inflation erodes purchasing power over time. Comparing net worth figures across different time periods must account for inflation's impact. Adjusting historical figures for inflation facilitates meaningful comparisons with current values, ensuring an accurate assessment of wealth accumulation. This analysis helps avoid the misleading effect of pure numerical differences and highlights the true value of his wealth relative to its historical purchasing power. Consequently, analyzing the influence of inflation provides a clearer, more accurate picture of his financial position's stability and growth potential.

  • Investment Strategies and Returns

    Understanding historical investment trends and returns is crucial. Assessing investment strategies and associated returns reveals patterns in wealth growth and diversification. The returns on various asset classes over time offer insights into the influence of investment decisions on Kelly's net worth. Comparing historical returns with current market trends provides a more complete understanding of the effectiveness of his investment choices in a broader economic context and helps predict how they might impact his future net worth.

By integrating historical trends into the analysis, a broader perspective on Mark Kelly's net worth emerges. Insights into economic cycles, professional benchmarks, inflation adjustments, and investment patterns provide crucial context. This historical analysis contributes to a deeper understanding of his current financial standing. It is critical to carefully evaluate the interplay of these trends in order to reach an informed assessment and determine the role of these patterns in influencing Kelly's net worth trajectory.

7. Professional Background

Mark Kelly's professional background significantly influences his net worth. Income sources directly correlate with career trajectory. A career path involving high-earning potential, such as high-level positions in a demanding sector, generally leads to greater wealth accumulation. Conversely, professions with lower compensation typically result in a lower net worth. The stability and duration of employment also play a role, as consistent high income over an extended period favors substantial wealth accumulation. The nature of his professional experience, whether it involves entrepreneurial ventures, business leadership, or specialized expertise, dictates the available opportunities for financial gain. These career choices, and their subsequent income streams, are major determinants in shaping his overall financial position.

Consider the example of a successful entrepreneur. Entrepreneurial ventures, especially those achieving significant market penetration or substantial scale, can generate substantial income and wealth. Conversely, individuals with less lucrative careers or in fields with limited upward mobility will typically have a lower net worth. For instance, a highly compensated physician or a senior executive in a large corporation is more likely to amass substantial wealth compared to a teacher or an entry-level professional. This correlation underscores the importance of professional choices in shaping financial outcomes. Furthermore, professional background dictates access to resources that facilitate wealth building. Connections and networks acquired through professional experiences can significantly impact investment opportunities and future financial gains. The value of a professional network is often underestimated, yet it frequently acts as a catalyst for successful wealth accumulation.

Understanding the connection between professional background and net worth is crucial for a comprehensive analysis. The accumulated income, investment opportunities, and overall financial position directly stem from the chosen profession. A robust professional foundation, with factors like consistent employment and high income, correlates strongly with a substantial net worth. Conversely, careers with lower earning potential and fewer opportunities for growth tend to be associated with lower net worth. Recognizing this interplay reveals a crucial element for comprehending and contextualizing an individual's financial standing. Therefore, understanding the professional journey is vital for interpreting the nuances of an individual's accumulated wealth and appreciating the underlying motivations and factors shaping their financial situation.

8. Economic Context

Economic conditions exert a significant influence on an individual's net worth. Understanding the prevailing economic climate provides critical context for interpreting and evaluating an individual's financial standing. Economic factors, such as market trends, inflation, and economic growth, directly affect asset valuations and income potential. These factors, in turn, directly affect the final figure for net worth. Examining the economic context relevant to Mark Kelly's career and investments offers a richer understanding of the variables contributing to his current financial position.

  • Market Fluctuations

    Market conditions, including stock market volatility, real estate market trends, and fluctuations in other investment sectors, significantly influence asset values. During periods of economic expansion, asset values often rise, potentially boosting net worth. Conversely, economic downturns and market corrections can depress asset values, affecting the overall net worth. Understanding these historical market cycles reveals how they have influenced Kelly's investment portfolio and the value of his holdings.

  • Inflationary Pressures

    Inflationary environments erode purchasing power over time. The impact of inflation on assets must be considered when evaluating net worth. While an increase in asset values might be recorded, the real value of that wealth might be diminished by rising prices. Comparing net worth across different time periods requires considering inflation's effects. This allows a more accurate assessment of the actual purchasing power and real growth of Kelly's wealth.

  • Interest Rate Environments

    Interest rates profoundly impact borrowing costs and investment returns. High-interest rates often increase the cost of borrowing, which can affect various financial obligations. Conversely, low-interest rates can stimulate borrowing and investment, potentially leading to higher asset values and increased net worth. Assessing the interest rate environment during Kelly's career and investment activities is important in understanding the incentives and returns associated with his financial decisions.

  • Economic Growth and Income Potential

    Periods of robust economic growth typically lead to increased employment opportunities and higher earning potential. This creates a favorable environment for wealth accumulation. A stagnant or contracting economy might restrict career opportunities and limit income potential, thus potentially affecting an individual's net worth. Analyzing the economic growth trends during various stages of Kelly's career provides insight into how these conditions might have shaped his income and investment decisions.

In summary, economic context is intrinsically linked to Mark Kelly's net worth. The interplay of market fluctuations, inflationary pressures, interest rates, and economic growth directly influences his financial position. A comprehensive understanding of these economic factors provides a richer context for interpreting the current and historical value of his holdings, ultimately enriching the evaluation of his net worth.

Frequently Asked Questions about Mark Kelly's Net Worth

This section addresses common inquiries surrounding Mark Kelly's financial standing. These questions aim to provide clear and concise information, focusing on verifiable facts and avoiding speculation.

Question 1: What are the primary sources of income for Mark Kelly?


Mark Kelly's income stems primarily from his position as a U.S. Senator. Salary, allowances, and other forms of compensation associated with this role constitute a significant portion of his income. Prior career earnings, as well as any investments from those prior earnings, also contribute to the overall income picture. Potential supplementary income from speaking engagements or other activities may be a factor, although data on this is less readily available.

Question 2: How is net worth calculated?


Net worth represents the total value of assets minus liabilities. Assets include holdings such as real estate, investments, and other financial holdings. Liabilities encompass debts and obligations, such as outstanding loans or mortgages. Professionally-conducted valuations of assets, along with a precise accounting of liabilities, are critical for a reliable net worth figure.

Question 3: Does Mark Kelly's professional background affect his net worth?


Absolutely. An individual's career path significantly influences income potential and accumulated savings. Professions with high earning potential, combined with consistent employment and opportunities for investment growth, generally result in greater wealth accumulation. Mark Kelly's background, encompassing both his political career and prior employment, plays a pivotal role in shaping his net worth.

Question 4: How do economic conditions impact net worth?


Economic conditions, including market fluctuations, interest rates, and inflation, directly influence asset values and income. Periods of economic expansion tend to correlate with increased asset values and income potential, fostering wealth accumulation. Conversely, economic downturns can decrease asset values and income stability, impacting the overall net worth figure.

Question 5: Is the public perception of Mark Kelly's net worth accurate?


Public perception is not necessarily an accurate reflection of actual net worth. Media representation, comparisons to others, and political considerations can significantly shape public opinion, irrespective of factual data. The real net worth is determined through verifiable financial data.

Question 6: How can I find reliable information about Mark Kelly's net worth?


Reliable information regarding an individual's net worth is often complex to obtain and may not be readily available to the public. Reputable financial reporting sources, when available, typically provide the most accurate and detailed information.

Understanding the factors that influence an individual's net worth is a nuanced process that involves considering income sources, asset valuations, liability assessments, historical trends, professional background, and economic context. Thorough analysis requires detailed, verifiable financial data.

Further details on the precise methodology and figures involved in calculating net worth are often unavailable to the public. This article aims to present a summary of common factors and potential insights.

Tips Regarding Net Worth Analysis

Analyzing net worth, in the context of a public figure like Mark Kelly, involves careful consideration of diverse factors. Understanding the components of net worth allows for a more comprehensive perspective, enabling informed interpretation of available data. The following tips provide guidance for a structured approach to this type of analysis.

Tip 1: Focus on Verifiable Data. Avoid speculation or assumptions about an individual's net worth. Reliance on verified financial documents, including tax returns (when publicly accessible), financial disclosures, and formal asset valuations, are essential for a robust analysis. Unverified claims or anecdotal evidence should be disregarded.

Tip 2: Understand Income Sources. Identifying the various sources of income is paramount. This encompasses salary, investments, and potential secondary income streams. Thorough research into the individual's employment history, professional background, and public statements can yield insights into these income sources.

Tip 3: Accurately Assess Asset Value. Determining the fair market value of assets requires expertise. Methods such as appraisals, market-based valuations, or comparable sales analyses should be applied to different asset classes. This aspect necessitates professional judgment and scrutiny of market conditions to prevent inaccuracies in value assessments.

Tip 4: Carefully Evaluate Liabilities. Liabilities, encompassing debts and obligations, directly subtract from net worth. Accurate documentation of all known liabilities, including loans, mortgages, and other financial commitments, is crucial. The omission of critical liabilities will lead to an inaccurate representation of the individual's financial position.

Tip 5: Consider the Economic Context. The economic environment plays a significant role in shaping net worth. Market fluctuations, inflation, and interest rates directly influence asset values and income. Understanding prevailing economic conditions provides essential context for the interpretation of the net worth figure.

Tip 6: Recognize the Role of Public Perception. Public perception, while not a definitive measure of net worth, can influence discussions surrounding it. Media portrayals, comparisons to peers, and political contexts can shape public opinions, irrespective of the actual data. A critical analysis should distinguish between verifiable financial information and the potentially biased public narrative.

Following these tips allows for a more structured and informed analysis of net worth. A thorough evaluation considers various factors, avoiding speculation and relying on verified data to arrive at a comprehensive understanding.

Further investigation into the specifics of an individual's financial situation, including access to specific financial documents, may be necessary to deepen the understanding of their net worth.

Conclusion

This analysis of Mark Kelly's net worth explores the multifaceted factors influencing this figure. Key considerations include income sources, primarily stemming from his political career and prior employment. The value of assets, encompassing real estate and investment holdings, is crucial. Accurate assessment also requires a precise calculation of liabilities, which directly reduce the net worth. The interplay of economic conditions, including market fluctuations and inflationary pressures, is essential for contextualizing the figure's value. Public perception, while not definitive, can significantly shape discussions surrounding this financial information. Historical trends and comparisons within similar professional contexts provide a broader understanding of the factors contributing to the current financial status.

In conclusion, understanding Mark Kelly's net worth requires a deep dive into verifiable financial data, coupled with a nuanced awareness of the economic, political, and social forces at play. Future analysis of this figure, particularly in relation to economic developments and Mark Kelly's public service, will benefit from a meticulous examination of these interconnected elements. Further scrutiny of publicly available data and financial disclosures, coupled with a careful consideration of relevant economic trends, will continue to be important for understanding this evolving aspect of Mark Kelly's public persona and public service.

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