Ultra High Net Worth Individual
An Ultra High Net Worth Individual (UHNWI) is a person who has a net worth of at least $30 million. This wealth typically includes assets such as investments, real estate, and cash. UHNWI individuals often have access to exclusive financial services and investment opportunities that cater to their significant wealth.
Due to their substantial financial resources, UHNWI individuals may engage in philanthropy, luxury travel, and high-end lifestyle choices. They often work with private wealth managers and financial advisors to manage their assets effectively and plan for future financial goals, including estate planning and tax strategies.