High Net-Worth Individual (HNWI)

A High Net-Worth Individual (HNWI) is generally defined as a person with liquid financial Assets of at least $1 million, excluding primary residence. This Classification is used by Financial Institutions and wealth management firms to identify cLients who may require specialized financial services and investment strategies.

Examples of HNWIs include:

• Entrepreneurs who have successfully sold their businesses and have significant Capital to invest.
• Executives in large Corporations with high salaries and Stock Options.
• Real estate investors who own multiple properties valued over the million-dollar mark.

Cases of HNWIs:

• A tech startup founder who exits their company for $10 million and invests the proceeds in various Asset-classes/">Asset Classes.
• A celebrity athlete who, after a successful career, accumulates wealth through endorsements, investments, and appearances.