High-net-worth individual in the context of "Private banking"

Frankfurt am Main, commonly referred to simply as Frankfurt, is the most populous city in the German state of Hesse. Its 778,589 inhabitants as of 2025 make it the fifth-most populous city in Germany. Located in the foreland of the Taunus on its namesake Main, the city forms a continuous conurbation with Offenbach am Main; its urban area has a population of over 2.7 million. Frankfurt is the heart of the larger Rhine-Main metropolitan region, which has a population of more than 5.8 million and is Germany's second-largest metropolitan region after the Rhine-Ruhr region. Home to the European Central Bank, the city serves as one of the four institutional seats of the European Union (alongside Brussels, Luxembourg and Strasbourg). Frankfurt is classified by the GaWC as an Alpha-rated world city.

Frankfurt was a city state, the Free City of Frankfurt, for nearly five centuries, and was one of the most important cities of the Holy Roman Empire, as a site of Imperial coronations; it lost its sovereignty upon the collapse of the empire in 1806, regained it in 1815 and then lost it again in 1866, when it was annexed (though neutral) by the Kingdom of Prussia. It has been part of the state of Hesse since 1945. Frankfurt is culturally, ethnically and religiously diverse, with half of its population, and a majority of its young people, having a migrant background. A quarter of the population consists of foreign nationals, including many expatriates. In 2015, Frankfurt was home to 1,909 ultra high-net-worth individuals, the sixth-highest number of any city.

The Cayman Islands (/ˈkeɪmən/) is a self-governing British Overseas Territory in the western Caribbean. It is the largest by population of all the British Overseas Territories. The 264-square-kilometre (102-square-mile) territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, which are located south of Cuba and north-east of Honduras, between Jamaica and Mexico's Yucatán Peninsula. The capital city is George Town on Grand Cayman, which is the most populous of the three islands.

The Cayman Islands is considered to be part of the geographic Western Caribbean zone as well as the Greater Antilles. The territory is a major offshore financial centre for international businesses and wealthy individuals mainly due to the state charging no tax on income earned or stored.

A hedge fund is a pooled investment fund that holds liquid assets and that makes use of complex trading and risk management techniques to aim to improve investment performance and insulate returns from market risk. Among these portfolio techniques are short selling and the use of leverage and derivative instruments. In the United States, financial regulations require that hedge funds be marketed only to institutional investors and high-net-worth individuals.

Hedge funds are considered alternative investments. Their ability to use leverage and more complex investment techniques distinguishes them from regulated investment funds available to the retail market, commonly known as mutual funds and exchange-traded funds (ETFs). They are also considered distinct from private equity funds and other similar closed-end funds as hedge funds generally invest in relatively liquid assets and are usually open-ended. This means they typically allow investors to invest and withdraw capital periodically based on the fund's net asset value, whereas private-equity funds generally invest in illiquid assets and return capital only after a number of years. Other than a fund's regulatory status, there are no formal or fixed definitions of fund types, and so there are different views of what can constitute a "hedge fund".

In finance, global assets under management consists of assets held by institutional investors and individual investors around the world. For example, these institutional investors include asset management firms, pension funds, endowments, foundations, sovereign wealth funds, hedge funds, and private equity funds. In contrast, individual investors include ultra high-net-worth individuals (UHNWI), high-net-worth individuals (HNWI), the mass affluent, and other retail investors.

The Portuguese Riviera (Portuguese: Riviera Portuguesa) is a term used for the affluent coastal region to the west of Lisbon, Portugal, centered on the coastal municipalities of Cascais (including Estoril), Oeiras and Sintra. It is coterminous with the Estoril Coast (Costa do Estoril) and occasionally known as the Costa do Sol (Sun Coast).

The region is internationally known as a luxury destination for its history as a home of the wealthy, the famous, and European royalty. Cascais, Oeiras and Sintra municipalities are consistently rank among the richest municipalities in Portugal.

A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire.Many national currencies have, or have had at various times, a low unit value, in many cases due to past inflation. It is much easier and less significant to be a millionaire in those currencies, thus a millionaire in the local currency of Hong Kong or Taiwan, for example, may be merely of average wealth, or perhaps less wealthy than average. A millionaire in Zimbabwe in 2007 could have been extremely poor. Because of this, the term 'millionaire' generally refers to those whose assets total at least one million units of a high-value currency, such as the United States dollar, euro, or pound sterling.

At the end of 2011, there were around 5.1 million high-net-worth individuals (HNWIs) in the United States, while at the same time there were 11 million millionaires in a total of 3.5 million millionaire households, including those 5.1 million HNWIs. In countries that use the short scale number naming system, a billionaire is someone who has at least a thousand times a million dollars, euros or pounds.