Individuals with high net worths that usually meet the definition of Accredited Investor as defined by 17 CFR 230.501:
a. Individuals: $1MM net worth (less primary residence) or $200,000 adjusted gross income for the past two years or $300,000 for husband and wife or passed Series 7, 65, or 82 in good standing.
b. Entities: $5MM in assets or all owners are individually accredited investors.
c. Trusts: $5MM in assets.