Very high net worth: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page - source - Forbes - https://www.forbes.com/advisor/investing/financial-advisor/high-net-worth-individual-hwni/) |
imported>Doug Williamson (Remove surplus text.) |
||
Line 13: | Line 13: | ||
== See also == | == See also == | ||
* [[Family office]] | * [[Family office]] | ||
* [[Financial Conduct Authority]] (FCA) | * [[Financial Conduct Authority]] (FCA) |
Latest revision as of 19:25, 16 February 2023
(VHNW).
A description of a very wealthy individual or family.
There are no universally accepted levels of income, net worth, or liquid assets that define very high net worth.
One definition is individuals or households with more than USD 5 million of liquid - investable - assets, but less than USD 30 million.
The abbreviation "VHNWI" means Very High Net Worth Individual.