Ultra High Net Worth Individuals (UHNWI)

AAA

DEFINITION of 'Ultra High Net Worth Individuals (UHNWI)'

Persons with investable assets of at least US$30 million, excluding personal assets and property such as one’s primary residence, collectibles and consumer durables. Ultra High Net Worth Individuals (UHNWI) comprise the richest people in the world and control a disproportionate amount of global wealth. Ultra high net worth is generally quoted in terms of liquid assets over a certain figure. The exact amount differs by financial institution and region.

INVESTOPEDIA EXPLAINS 'Ultra High Net Worth Individuals (UHNWI)'

The number of richest people has increased in recent years, and they have grown even richer. A 2011 study on UHNWIs by Forbes Insights and Societe Generale found that the biggest growth in numbers of the mega-rich was in the emerging economies, specifically in the BRIC nations of Brazil, Russia, India and China. China and Russia had more than 200 billionaires in their ranks - second and third, respectively, behind the U.S. The study also found extremely strong family links among the UNHWIs studied, with a few notable exceptions in Russia.

UHNWIs keep a close eye on their wealth, according to a study by the Institute for Private Investors (IPI). Among families with more than US$200 million in assets, only 20% gave their financial advisors full discretion to make portfolio changes; 44% gave limited discretion and 36% gave no discretion to their advisors and portfolio managers.
RELATED TERMS
  1. Wealth Management

    A high-level professional service that combines financial/investment ...
  2. Effective Net Worth

    The shareholders' equity of a corporation, plus subordinated ...
  3. Deficit Net Worth

    A scenario in which liabilities are higher than assets. Deficit ...
  4. Sudden Wealth Syndrome (SWS)

    A syndrome afflicting individuals who suddenly come into large ...
  5. Young And Wealthy But Normal - ...

    A class of self-made millionaires that live relatively modest ...
  6. The Wealth Effect

    The premise that when the value of stock portfolios rises due ...
RELATED FAQS
  1. What is the benefit of the Modified Internal Rate Of Return (MIRR)?

    The modified internal rate of return (MIRR) is a financing metric used in business capital budgeting. Its primary benefit ... Read Full Answer >>
  2. Why is the Modified Internal Rate Of Return (MIRR) preferable to the regular internal ...

    Even though the internal rate of return metric is popular among business managers, it tends to overstate the profitability ... Read Full Answer >>
  3. Under what circumstances would I benefit from a high net worth insurance policy?

    A high-net-worth insurance policy is specifically tailored to suit the needs of high-net-worth individuals. It is specifically ... Read Full Answer >>
  4. Who sets the guidelines for accounting principles?

    While the generally accepted accounting principles (GAAP) are not a strict requirement of all U.S. corporations, the guidelines ... Read Full Answer >>
  5. Under what circumstances would I require private wealth management?

    An investor who is a high-net-worth individual (HNWI) may require private wealth management services. HNWIs have unique financial ... Read Full Answer >>
  6. What is private wealth management?

    Private wealth management is an investment advisory practice that incorporates financial planning, portfolio management and ... Read Full Answer >>
Related Articles
  1. Investing Basics

    How To Become A Sophisticated Investor

    No one doubts the value and importance of investor education and sophistication, but many investors are not really all that sophisticated. Goldman Sachs was scrutinized for marketing complex ...
  2. Personal Finance

    Assets That Increase Your Net Worth

    Your home, properties and vehicles can all increase your net worth.
  3. Entrepreneurship

    How To Calculate Your Tangible Net Worth

    Your net worth can be calculated with a simple equation.
  4. Credit & Loans

    How Mortgage Refinancing Affects Your Net Worth

    Find out how to determine whether refinancing will put you ahead or even more behind.
  5. Budgeting

    Common Liabilities That Hurt Your Net Worth

    Every penny that you keep out of the liability side of the net worth equation essentially ends up on the asset side.
  6. Entrepreneurship

    Tips For Handling Sudden Wealth

    With sudden wealth comes increased responsibility. Read this advice so you don't become a riches-to-rags story.
  7. Budgeting

    Leverage: Increasing Your Real Estate Net Worth

    Few homeowners think of their mortgages as leverage, but careful use of this asset can help them maximize their net worth.
  8. Budgeting

    Top 3 Trends Affecting Private Wealth Management

    Don't miss out on high-net-worth clients because you aren't prepared for their service demands.
  9. Personal Finance

    Investing "Road Less Traveled" May Lead To Riches

    Using the same strategy year after year may be comfortable, but it's not always profitable.
  10. Insurance

    Warren Buffett: The Road To Riches

    Find out how he went from selling soft drinks to buying up companies and making billions of dollars.

You May Also Like

Hot Definitions
  1. Bogey

    A buzzword that refers to a benchmark used to evaluate a fund's performance. The benchmark is an index that reflects the ...
  2. Xetra

    An all-electronic trading system based in Frankfurt, Germany. Launched in 1997 and operated by the Deutsche Börse, the Xetra ...
  3. Nuncupative Will

    A verbal will that must have two witnesses and can only deal with the distribution of personal property. A nuncupative will ...
  4. OsMA

    An abbreviation for Oscillator - Moving Average. OsMA is used in technical analysis to represent the variance between an ...
  5. Investopedia

    One of the best-known sources of financial information on the internet. Investopedia is a resource for investors, consumers ...
  6. Unfair Claims Practice

    The improper avoidance of a claim by an insurer or an attempt to reduce the size of the claim. By engaging in unfair claims ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!