HNWI: High-net-worth individual – someone with a net worth
of US$1 million or more, including their primary residence.
UHNWI: Ultra-high-net-worth individual – someone with
a net worth of US$30 million or more, including their
primary residence.
PRIME PROPERTY: The most desirable and most expensive
property in a given location, generally defined as the top
5% of each market by value. Prime markets often have a
significant international bias in terms of buyer profile.
THE PIRI 100: Now in its 16th year, the Knight Frank Prime
International Residential Index tracks movements in luxury
prices across the world’s top residential markets. The index,
compiled using data from our research teams around the
world, covers major financial centres, gateway cities and
second-home hotspots – both coastal and rural – as well
as leading luxury ski resorts.
THE KNIGHT FRANK WEALTH SIZING MODEL: The model,
created by our data engineering team, measures the size
of HNWI, UHNWI and billionaire cohorts in more than 200
countries and territories. In addition, we model the number
of HNWIs and UHNWIs at city level for 100 global cities.