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A millionaire is a person who has a net worth or wealth of more than one million United States dollars, euros, UK pounds or units of a similarly valued currency. In many countries or cultures, a certain level of prestige is associated with being a millionaire, which makes that amount of wealth a goal for many. However, the status of millionaire is no longer as exclusive as it once was, and so other descriptions, like multi-millionaire or billionaire have come into use to describe the highest levels of individual wealth. The increasing number of millionaires is partially due to inflation: a million dollars, for example, provides far less purchasing power today than it did in the 19th century.
Many individuals are millionaires on paper, but possess mostly non- liquid and inaccessible assets, such as real estate and automobiles.
Many lotteries offer prizes of a million dollars or more.
Forbes and Fortune magazines maintain lists of people based on their net worth and are generally considered authorities on the subject. According to Forbes' 17th annual list of the richest people published in 20042004 is a leap year starting on Thursday (the link is to a full 2004 calendar), and has also been designated the: International Year of Rice International Year to Commemorate the Struggle against Slavery and its Abolition Elections are to be held in 73 co there are 587 US-dollar billionaires in the worldList of billionaires (in US dollars) worldwide, based upon Forbes magazine's annual listing, " The World's Richest People", (2004) : # Bill Gates USA $46. 6 billion # Warren Buffett USA $42. 9 billion # Karl Albrecht Germany $23. 0 billion # Prince Alwale. The number of millionaires is much, much higher; millionaires form a small but significant fraction of the population within rich countries. There are entire neighborhoods in many cities of the United StatesThe United States of America also referred to as the United States U. America ¹ or the States is a federal republic in central North America, stretching from the Atlantic in the east to the Pacific Ocean in the west. It shares land borders with Canada in where a majority of families have a net worth over a million dollars. In addition, there are some fields ( pharmacyPharmacy is the profession of compounding and dispensing medication. More recently, the term has come to include other services related to patient care including clinical practice, medication review, drug information, etc''. Some of these new roles are no, dentistryX-rays can reveal if a person has cavities Dentistry is the practical application of knowledge of dental science (the science of placement, arrangement, function of teeth) to human beings. A dentist is a professional practitioner of dentistry. In most cou, patent law, medicineSee drugs, medication, and pharmacology for substances that treat patients. This article is about medical practice. Medicine is a branch of health science concerned with restoring and maintaining health and wellness. Broadly, it is the practical science o, etc) where a majority of workers become millionaires.
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