Entity: UHNWI
An UHNWI, or Ultra-High-Net-Worth Individual, is a person with a net worth exceeding $30 million. They are part of the elite class of individuals with extreme wealth and financial resources.
UHNWI
Etymology
The term UHNWI stands for Ultra-High-Net-Worth Individual, indicating an individual with a substantial net worth.
Definition
An UHNWI refers to an individual with a net worth exceeding $30 million, denoting extreme wealth and financial abundance.
Historical Context
The concept of UHNWI emerged as a way to categorize individuals with significant financial resources beyond the typical high-net-worth individuals.
Cultural Significance
UHNWIs play a crucial role in the global economy, influencing markets, investments, and philanthropy due to their substantial wealth.
Related Concepts
UHNWI is related to terms like VHNWI (Very-High-Net-Worth Individual) and HNWI (High-Net-Worth Individual), which categorize individuals based on their wealth levels.
See Also
An UHNWI refers to an individual with a net worth surpassing $30 million, denoting extreme wealth and financial abundance.