High Net Worth Individual

millionaires-flying-1280x720.jpg

2min

Wealth data reports show that Asia’s billionaire growth will outpace other regions between the years 2019 and 2023. The number of High Net Worth Individuals (HNWI) on this side of the planet will rise by 27% surpassing growth in the USA which is 17% and Europe which is 18%. The number of billionaires will reach over 1,000 in the next 5 years, more than a third of the world’s total billionaire population which is currently 2,696.


hnwi-1280x720.jpg

3min

Who is considered as high net worth? According to Investopedia,  “high net worth individual” (HNWI) is a term established by the financial services industry to specify a person or a family who owns liquid assets that are above a certain amount. Liquid assets are investments that can be easily converted into cash, such as stocks and bonds. The exact amount someone should own to be regarded as high net worth is debatable but it is considered to be around $1 million in liquid net worth. By liquid assets, we mean anything that can be quickly turned into cash such as bonds and stocks.


AvatarEditorial Team11/06/2019
hnwi-investing-1280x720.jpg

3min

Are you a High Net Worth Individual (HNWI) and a member of the HNWI club? Are you planning to become one, one day soon? Consider these small facts first. Many sources point out that HNWI are investors with around $1million but more than $100,000 and are considered to be financially comfortable, wealthy or even sub-HNWI. Anyone with a net worth of at least $5million qualifies to be a very HNWI and is considered to be super rich.



About us

High Worth Citizen is all about delivering the latest business news on finance, investment, real estate and wealth. Our readers are the rich and powerful, their associates and business partners, the global High Net Worth Individuals.


CONTACT US