Entity: HNWI
HNWI, short for high net worth individual, refers to a person with significant investable assets, typically at least $1 million in liquid assets. This term is commonly used in finance and wealth management to describe individuals with substantial wealth.
HNWI
Etymology
The term HNWI is an abbreviation for 'high net worth individual'.
Definition
A high-net-worth individual (HNWI) is a person who maintains liquid assets at or above a certain threshold, typically at least $1 million in investable assets, excluding real estate and personal belongings.
Historical Context
The concept of HNWI has been prevalent in the financial services industry, where individuals with substantial wealth are categorized based on their liquid assets.
Cultural Significance
HNWIs play a significant role in the economy and financial markets, often influencing investment trends and wealth management strategies.
Related Concepts
- Ultra-high-net-worth individuals (UHNWIs)
- Affluent individuals
See Also
A high-net-worth individual (HNWI) is a person who maintains liquid assets at or above a certain threshold, usually at least $1 million in investable assets, excluding real estate and personal belongings.