What and who is High Net Worth Individual (HNWI)

by rajesh 2013-09-11 18:04:48

HNWI is a person with high net worth and will be considered important prople by banks and fianancial insitutions,

So, who are these High Net Worth Individuals and how much money should they have.

HNWI = 1 million $ (US)

In Indian terms it would be around

HNWI (India) = 6.5 Crore INR (based of Sep, 2013 conversion value)

So anyone having 6.5 Crore leaving their primary residence value can be called HNWI

There are around 1.2 Crore HNWI in the world.

Src: http://www.worldwealthreport.com/

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