A high-net-worth individual (HNWI) is a person with a high net worth. In the private banking business, these individuals typically are defined as having investable finance (financial assets not including primary residence) in excess of US$1 million. As explained below, the U.S. Securities and Exchange Commission has promulgated a different definition of "high net worth individual" for regulatory purposes.
Read more about High-net-worth Individual: World’s Wealth Report 2009, Capgemini Figures, Ultra High Net Worth Individuals, SEC Regulations, Academic Studies of Asset Management Trends
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“Freedom, morality, and the human dignity of the individual consists precisely in this; that he does good not because he is forced to do so, but because he freely conceives it, wants it, and loves it.”
—Mikhail Bakunin (1814–1876)