Thursday, June 28, 2007



A new acronym

There's a new acronym out there and its letters are HNWI. What does it stand for? High net worth individuals. How do you get to be one? By having more than a million dollars in assets.

According to the breitbart article linked below, there are nine and a half million HNWIs in the world. Mind you, this is not individuals who make a million or more, but, rather, individuals who have a net value of at least a million, which, comparatively, there is a world of difference between.

The article also references another classification: Ultra-HNWI.

Ultra-HNWIs have a net worth of more than thirty million and there are more 94,000 of these individuals in the world.

A million ain't what it used to be, I guess




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