I'm wondering about the financial threshold for being considered ultra-rich. Specifically, I'd like to know the amount of money that qualifies someone as ultra wealthy.
7 answers
Starlight
Mon Oct 28 2024
The funds that qualify an individual as a UHNWI must be investable assets.
KimchiChic
Mon Oct 28 2024
The concept of an ultra-high-net-worth individual (UHNWI) lacks a legal standard for definition.
CryptoMystic
Mon Oct 28 2024
Typically, individuals are considered UHNWIs if they possess assets valued at $30 million or more.
EnchantedSky
Mon Oct 28 2024
The threshold of $30 million is significant in defining this category of individuals.
SumoMighty
Sun Oct 27 2024
Investable assets are crucial in distinguishing UHNWIs from others with high net worth.