Ultra-high net-worth individuals (UHNWIs) are the richest people (having $30 million-plus) in the world and control a large portion of global wealth.
 | | Ultra-High Net-Worth Individual (UHNWI) | | Ultra-high net-worth individuals (UHNWI) are defined as people with investable assets of at least $30 million, usually excluding personal assets and property such as a primary residence, collectibles and consumer durables. UHNWIs comprise the richest people in the world and control a disproportionate amount of global wealth. Although they constitute only 0.003 percent of the world's total population, they hold approximately 13 percent of the world's total wealth. Ultra-high net worth is generally quoted in terms of liquid assets over a certain figure, but the exact amount differs by financial institution and region...Read More » | | Related to "Ultra-High Net-Worth Individual (UHNWI)" | | | | Liquid Asset | | A liquid asset is an asset that can be turned into cash quickly and with minimal impact to the price received upon conversion in the open market. | | Read More » | | | Illiquid | | Illiquid is the state of a security or other asset that cannot quickly and easily be sold or exchanged for cash without a substantial loss in value. | | Read More » | | | Net Worth | | Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. | | Read More » | | | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
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