millionaire

     

A millionaire (originally an sometimes still millionnaire) is an individual whose net worth or wealth 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 .

Trivia about millionaire

  • The first known use of this word in the U.S. was in an obituary for wealthy banker Pierre Lorillard in 1843
  • John Beresford was a billionaire who made someone this each week
  • The first man called this, referring to his net value, was 18th century speculator John Law