Log in Sign Up. Save Word. Definition of billionaire. Examples of billionaire in a Sentence Recent Examples on the Web Reuters reported last month that the tech billionaire was spotted on a cruise in Spain, his first trip outside China since the crackdown began.
First Known Use of billionaire , in the meaning defined above. Learn More About billionaire. Time Traveler for billionaire The first known use of billionaire was in See more words from the same year. Style: MLA. English Language Learners Definition of billionaire. Get Word of the Day daily email! Test Your Vocabulary. Carnegie, gives his millions to found libraries. The millionaire is a very ordinary individual in America; it is only the billionaire who now really attracts attention.
I know a billionaire , at least this is his reputation, who has no standing merely because he is vulgar—that is, ill-bred. Overnight Ben Wrail had become a billionaire many times over. Either Pepe would make his move—or I would sail on to my billionaire 's paradise planet. New Word List Word List. The term billionaire refers to an individual with assets or a net worth of at least one billion currency units in their native currency such as dollars, euros , or pounds. Billionaires are extremely rich, with assets ranging from cash and cash equivalents, real estate , as well as business and personal property.
These individuals are ranked each year by Forbes , an American business magazine, which first started compiling lists of the world's richest in Billionaires in other countries are defined by monetary units in other currencies such as euros, pounds, and others. Subtracting liabilities from assets results in an individual's net worth. A billionaire's assets generally include things like cash and liquid investments , personal property such as real estate, jewelry, cars and other vehicles, and furniture.
Business interests such as equipment and commercial properties are also included if the individual has a personal stake in a corporation. Billionaires make up a small and very elite club of powerful individuals—both men and women—in the world.
These people control enormous sums of money and the power and influence that comes with it. As noted above, Forbes magazine publishes a list of the world's billionaires every year.
When Forbes produced the first list in , there were names on the list. In , Forbes listed a record 2, billionaires around the globe from 70 countries. According to Forbes' report, the United States has the most billionaires in the world with a total of China follows with billionaires, India with billionaires, Germany with billionaires, and Russia with a total of billionaires. Readers can isolate names on the list by country, industry , as well as age group.
His father, John, died in a plane crash, leaving the thenyear-old much of his fortune. Accessed July 14, Business Leaders. Actively scan device characteristics for identification. Use precise geolocation data.
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