The new field of artificial intelligence (AI) holds both promise and danger. This is because the world is becoming more and more controlled by digital forces. On one hand, AI propels a new era of technological advancements, offering refined tools for managing vast financial empires. On the other hand, it potentially opens Pandora's box of cyber threats that could imperil the very foundation of these affluent legacies. As the digital footprints of UHNWIs and HNWIs grow, so does the target area for cybercriminals. This makes it very important to understand and navigate the complicated web of risks that come with