Do you qualify as a high-net-worth individual?

Are you a high-net worth individual? How about an ultra-high-net-worth individual?If youÆve got more than $1 million in financial holdings, excluding your primary residence, then you qualify as a high-net-worth individual (HNWI) according to the second annual Asia-Pacific Wealth Report published by Merrill Lynch and Capgemini. You need $30 million of disposable income to qualify for the ultra group.If you are one of these very rich people, chances are you live in China or Japan, as th…