A majority of high net worth individuals (HNWI) in the UAE are LinkedIn members and use the platform regularly as a source of content to guide their financial decisions, according to a study.            

The research by LinkedIn, the world’s largest professional network, revealed that nearly three-quarters of the UAE’s high net worth individuals using social media are LinkedIn members and 92 per cent of them use LinkedIn several times a week, with 74pc accessing the site through a smartphone and 77pc using a tablet.

Of all of the UAE’s high net worth individuals who use social media, 78pc will use them for at least one financial purpose, the study found.

Besides connecting with colleagues and creating professional content, the country’s affluent LinkedIn members nominate following experts, influencers and brands as amongst their top reasons for using the platform. The expertise that they find on LinkedIn guides both personal and business decision-making – and has a particular influence over how they choose to invest their own money, they said in the study. - TradeArabia News Service