In the financial services industry, a high-net-worth individual is a person who maintains liquid assets at or above a certain threshold. Typically the criterion is that the person's financial assets are valued over US$1 million. A secondary level, a very-high-net-worth individual, is someone with a net worth of at least US$5 million. The terminal level, an ultra-high-net-worth individual, holds US$30 million in investible assets. Individuals with a net worth of over US$1 billion are considered to occupy a special bracket of the UHNWI.