How much money is ultra wealthy?

$30 million An ultra-high-net-worth individual (UHNWI) is someone with a net worth of at least $30 million. In 2021, there were more than 600,000 ultra-high-net-worth individuals worldwide.

thebalancemoney.com - What Is an Ultra-High-Net-Worth Individual (UHNWI)? - The Balance

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Key Takeaways An ultra-high-net-worth individual (UHNWI) is someone with a net worth of at least $30 million.

In 2021, there were more than 600,000 ultra-high-net-worth individuals worldwide.

Ultra-high-net-worth individuals have access to investments not available to the everyday retail investor.

How It Works Being an Ultra-High-Net-Worth Individual

“Ultra-high-net-worth individual” (UHNWI) is a term for a person with a net worth above $30 million. This may include a combination of many assets such as cash, stocks, bonds, investment funds, and other investable and liquid assets. Ultra-high-net-worth individuals may be self-made through business or investments, or they may interhit their wealth from a family member. Some firms track how many individuals there are with over $50 million in net worth. In 2021, there were more than 140,000 people in the U.S. with that net worth (or more), according to a report from financial services company Credit Suisse. Note In 2021, the U.S. had 140,000 UHNWI with $50 million or more in assets. China came in second with 32,710, according to Credit Suisse.

Examples of Ultra-High-Net-Worth Individuals

Because of the threshold to qualify as an ultra-high-net-worth individual, all well-known billionaires qualify. This includes Jeff Bezos, Bill Gates, Warren Buffett, Larry Ellison, Steve Ballmer, Mark Zuckerberg, Sergey Brin, Elon Musk, and Larry Page. The list above is made up of individuals who earned their billionaire status by founding successful companies. Many of the world’s wealthiest families earned their billions from founding large, successful companies. Others join the list through successful investments. Owning businesses and real estate are common threads among the ultra-wealthy. Some also achieve ultra-high-net-worth status through an investment strategy involving the stock market or early investments in growing companies. According to data from global real estate consulting firm Knight Frank, there were 610,569 ultra-high-net-worth individuals worldwide in 2021. According to Forbes, these are some of the richest people in the world who are among the 600,000 UHNWIs.

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