High-net-worth individuals (HNWIs) are people who possess significant financial assets, typically defined as having at least $1 million in liquid assets. This group often includes successful entrepreneurs, investors, and professionals who have accumulated wealth through various means, such as business ventures, real estate, or investments in the stock market. HNWIs are often targeted by financial institutions and wealth management firms that offer specialized services to help manage and grow their wealth. These services may include investment advice, estate planning, and tax optimization strategies, tailored to meet the unique needs of individuals with substantial financial resources.