The COVID-19 pandemic spared no one. It affected even ultra high net-worth individuals (UHNWIs) in the Asian region. UHNWIs are individuals who usually have investible funds of about US$ 30 million.
UNHWIs are some of the wealthiest people in the world. In this class of people, you often will find people who are major decision-makers and whose investments can have a global impact. Unlike most of us who probably invest in term deposits or mutual funds, these UNHWIs often put their money in different baskets including property, equities, bonds, private equity, collectibles (like paintings), cryptocurrencies, and precious metals.