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Sep 6, 2023 · An HNWI is a person who owns liquid assets valued at $1 million or more. There is no official or legal definition of the term, and the threshold for high net worth is...
- Benjamin Curry
Feb 3, 2022 · Feb. 3, 2022, at 4:27 p.m. Getty Images. In most cases, to be considered a high net worth individual, a person’s liquid assets must exceed certain standards, meaning property often isn't...
- Emma Kerr
- Editor
Jun 9, 2021 · Most experts agree that a high net worth individual — or HNWI — is someone who has between $1 million and $5 million in liquid assets. However, there’s no official definition....
Mar 26, 2024 · A high-net-worth individual is a person with at least $1 million in liquid financial assets. North America had a record number of high-net-worth individuals at 7.4...
A secondary level, a very-high-net-worth individual (VHNWI), references an individual with a net worth of at least US$5 million. An ultra-high-net-worth individual (UHNWI) holds at least US$30 million in investable assets (adjusted for inflation).
Jan 25, 2024 · There are three main categories of HNWIs: high-net-worth individuals (those with $1 million to $5 million in liquid assets), very-high-net-worth individuals (those with more than $5 million), and ultra-high-net-worth individuals (those with more than $30 million).
Nov 16, 2022 · A high-net-worth individual, or HNWI, is generally someone with at least a liquid $1 million, which is cash or assets that can easily be converted into cash. The U.S. Securities and Exchange Commission (SEC) uses slightly different requirements for its Form ADV: $750,000 in investable assets or a $1.5 million in net worth.
