
As the world of technology improves and gets more accessible, it’s still challenging for some to define success and become financially successful. For some individuals, the formula for becoming financially stable is missing.
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.
As the world of technology improves and gets more accessible, it’s still challenging for some to define success and become financially successful. For some individuals, the formula for becoming financially stable is missing.
The number of HNWI (High Net Worth Individuals) in the world is rising. Many people wonder where do HNWI make their money? Where do they live? Here are the top 7 Countries where HNWI chose to live.
Ever heard of the expression “making the first million is the hardest”? Most self-made millionaires will say that it took them many years to hit 6 or 7 digit figures but from there, the more money you have, the more money you will get. You may wonder how they start and how they accumulate wealth in just a few years.
All entrepreneurs desire for their business to not only succeed but to become the next big thing.
A recent UBS report revealed that wealthy investors around the globe are investing and spending less, opting to hold a higher level of cash.
Dubai is a hotspot when it comes to international tourism and of course HNWIs. In the first half of 2019, 8.4 million international visitors came to Dubai, increasing the tourism volume growth by 3% in comparison to the same period last year.
If a recession is around the corner it will be discovered rather quickly by the wealthiest individuals of the planet as they want to protect their assets. What actions do HNWIs take if a recession hits?
Customer service is important to most people, but when it comes to high net worth individual’s customer care is taken to the next level with the majority of HNWI willing to pay for top services.
For those who have been keeping up to date with the latest on Hurricane Dorian, you will know that the Cat 3 storm hit the east coast of the US with 185mph winds and was the cause of at least 20 people dead in the Bahamas.
All users with online accounts are at risk of a hack but High Net Worth Individuals (HNWI) have even more chances of becoming a target as hackers can identify they have more to lose. Data breaches and identity thefts are common within those with more than $1 million in assets.