A classification used by the financial services industry to denote a person of high net worth. The term is often used interchangeably with "Sophisticated Investor". As outlined under Section 708 of the Corporations Act 2001 (Cth), this classification refers to investors with net assets of at least $2.5 million, or a gross income of at least $250,000 for each of the past two financial years. An "ultra high net worth individual", on the other hand, is a person with at least $30 million in investable assets.

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