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.
 | | Term of the Day | Words to Know | | |  | | 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 wealthiest people in the world and control a disproportionate amount of global wealth. Although they constitute only .003% of the world's total population, they hold approximately 13% 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)" | | | | Net Worth | | Net worth is a quantitative concept that measures the value of an entity and can be applicable to individuals, corporations, sectors and even countries. | | Read More » | | | Tangible Asset | | A tangible asset is an asset that has a finite, transactional monetary value and usually a physical form. | | Read More » | | | Intangible Asset | | An intangible asset is an asset that is not physical in nature and can be classified as either indefinite or definite. | | Read More » | | | Financial Advisor | | What does a financial advisor do? How to find and choose the best financial advisor for your specific needs? Read our complete guide before hiring a financial advisor. | | Read More » | | | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
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