UHNW | GILLERAN - ULTRA HIGH NET WORTH SERVICES
UHNW refers to Ultra High Net Worth.
WHAT IS A BILLIONAIRE?:
A billionaire is typically defined as having a net worth of at least USD 1 Billion.
Number of Billionaires in the World: Approximately 2,200.
This is based on an estimated World Population of 7.6 Billion people.
Roughly speaking, on average, 1 person per 3.4 million, is a billionaire.
WHAT IS A CENTIMILLIONAIRE?:
A centimillionaire is typically defined as having a net worth in the range USD 100 Million to USD 1 Billion.
Number of centimillionaires in the World: Approximately 40,000.
Roughly speaking, on average, 1 person per 190,000, is a centimillionaire.
WHAT IS AN UHNW INDIVIDUAL?:
An UHNW Individual is typically defined as having a net worth of USD30m upwards.
Number of UHNW Individuals in the World: Approximately 220,000.
Approximately, on average, 1 person in every 35 thousand, is a UHNW Individual.
WHAT IS A HNW INDIVIDUAL / MILLIONAIRE?:
A HNW Individual, for the purposes of this website, is defined as having at least USD 1 Million, in investible finance { excluding primary residence }.
Number of HNW Individuals in the World: Approximately 15 million.
Roughly speaking, 1 person in 500 fits this category.
Although a millionaire could be defined as having a net worth of at least USD 1 million, it appears to be coming more common to use the same definition as a HNW Individual.
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