Actions

::Millionaire

::concepts



{{#invoke:Hatnote|hatnote}}

{{ safesubst:#invoke:Unsubst||$N=EngvarB |date=__DATE__ |$B= }} {{ safesubst:#invoke:Unsubst||$N=Use dmy dates |date=__DATE__ |$B= }}

A millionaire (originally and sometimes still millionnaire<ref>millionaire or millionnaire. CollinsDictionary.com. Collins English Dictionary - Complete & Unabridged 11th Edition. Retrieved October 22, 2012.</ref>) is an individual whose net worth or wealth is equal to or exceeds one million units of currency. It can also be a person who owns one million units of currency in a bank account or savings account. Depending on the currency, a certain level of prestige is associated with being a millionaire, which makes that amount of wealth a goal for some, and almost unattainable for others.<ref>Marlys Harris. How to marry a billionaire. Money Magazine. June 21, 2007. Archived 1 July 2007 at the Wayback Machine</ref> In countries that use the short scale number naming system, a billionaire is someone who has at least a thousand times a million dollars, euros, or the currency of the given country (e.g. $1000000,000,000,000). In contrast, a billionaire in countries that use the long scale number naming system would be someone who has at least a million times a million units of currency (e.g. $1000000,000,000,000,000). There is no evidence that anyone on the planet has achieved the latter in either US dollars or euros.

The increasing number of millionaires is partially due to prevailing economics, especially inflation; as the individual value of each unit of currency decreases, achieving a million of these becomes easier. The purchasing power of a million US dollars in 1959 is equivalent to $8.09 million in 2017. Unknown extension tag "ref"<ref>US Inflation Calculator US Inflation Calculator and Rate Charts (1913–current).</ref>


Millionaire sections
Intro  Terminology  Net worth vs. financial assets  Influence  Historical worth  Multimillionaire  Number of millionaires in the world  Number of millionaire households by country  Number of millionaires by city  United States  Entertainment  See also  References  

PREVIOUS: IntroNEXT: Terminology
<<>>

Million::county    Flagicon::worth    Title::united    Wealth::states    Assets::number    Wealth::trillion

{{#invoke:Hatnote|hatnote}}

{{ safesubst:#invoke:Unsubst||$N=EngvarB |date=__DATE__ |$B= }} {{ safesubst:#invoke:Unsubst||$N=Use dmy dates |date=__DATE__ |$B= }}

A millionaire (originally and sometimes still millionnaire<ref>millionaire or millionnaire. CollinsDictionary.com. Collins English Dictionary - Complete & Unabridged 11th Edition. Retrieved October 22, 2012.</ref>) is an individual whose net worth or wealth is equal to or exceeds one million units of currency. It can also be a person who owns one million units of currency in a bank account or savings account. Depending on the currency, a certain level of prestige is associated with being a millionaire, which makes that amount of wealth a goal for some, and almost unattainable for others.<ref>Marlys Harris. How to marry a billionaire. Money Magazine. June 21, 2007. Archived 1 July 2007 at the Wayback Machine</ref> In countries that use the short scale number naming system, a billionaire is someone who has at least a thousand times a million dollars, euros, or the currency of the given country (e.g. $1,000,000,000). In contrast, a billionaire in countries that use the long scale number naming system would be someone who has at least a million times a million units of currency (e.g. $1,000,000,000,000). There is no evidence that anyone on the planet has achieved the latter in either US dollars or euros.

The increasing number of millionaires is partially due to prevailing economics, especially inflation; as the individual value of each unit of currency decreases, achieving a million of these becomes easier. The purchasing power of a million US dollars in 1959 is equivalent to $8.09 million in 2017. Unknown extension tag "ref"<ref>US Inflation Calculator US Inflation Calculator and Rate Charts (1913–current).</ref>


Millionaire sections
Intro  Terminology  Net worth vs. financial assets  Influence  Historical worth  Multimillionaire  Number of millionaires in the world  Number of millionaire households by country  Number of millionaires by city  United States  Entertainment  See also  References  

PREVIOUS: IntroNEXT: Terminology
<<>>