Cryptocurrency Q&A
How much is considered extremely wealthy?
How much is considered extremely wealthy?
Giulia
Sun Jul 21 2024
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6 answers
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I don't understand this question. Could you please assist me in answering it?
6 answers
Eleonora
Tue Jul 23 2024
In the realm of cryptocurrency and finance, individuals with substantial liquid assets are often categorized based on their net worth.
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KatanaSharp
Tue Jul 23 2024
An individual would likely require a net worth ranging from $5 million to $10 million to be classified in this category.
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Nicola
Tue Jul 23 2024
For instance, an individual possessing $1 million in readily accessible funds is typically deemed a high net worth (HNW) individual.
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EthereumEagleGuard
Tue Jul 23 2024
This classification signifies a certain level of financial stability and affluence.
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Eleonora
Tue Jul 23 2024
However, to qualify as having a very high net worth, the threshold increases significantly.
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