19thedition2025Theglobalperspectiveonprimepropertyandinvestmentknightfrank.com/research19theditionDefinitionsanddataHowwechoseourcoverEDITORHNWITheglobalperspectiveonprimepropertyandinvestmentLiamBaileyHigh-net-worthindividual–someonewithanetworthofUS$1millionormore.InourWealthSizingModel(page14),MANAGINGEDITORwedefineHNWIsasthosewithanetworthofatleastSunnyCreativeUS$10million.MARKETINGUHNWISallyIngramUltra-high-net-worthindividual–someonewithanetworthofUS$30millionormore.InourWealthSizingModelPUBLICRELATIONS(page14),wedefineUHNWIsasthosewithanetworthofEmmaCottonatleastUS$100million.DESIGN&PRIMEPROPERTY19thedition—202519thedition2025DIRECTIONThemostdes...