Millionaire

A millionaire 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. 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 $8.12 million in 2016.

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Latest News for: million dollar

FIFA details Club World Cup prize money

China.dot.org 27 Mar 2025
A 525-million-dollar share will be divided among all participating teams, while the remaining 475 million dollars will be distributed based on tournament performance ... the minimum 3.58 million dollars.

Apple boosts China presence, partners on green initiatives, AI

China.dot.org 27 Mar 2025
tech giant Apple on Wednesday announced it is accelerating its support for the next generation of developers in China with a new 30 million yuan (about 4.18 million U.S. dollars) donation to Zhejiang University.

Colorado groups call on U.S. Rep. Gabe Evans to oppose Medicaid cuts

The Tribune Greeley 27 Mar 2025
Evans says these are millions of dollars that should be going to taxpayers. “Colorado actively pays for health care for dead people and illegal immigrants — that’s millions of dollars that can and ...

Powerball winning numbers for March 26 drawing: Jackpot rises to whopping $484 million

Coloradoan 27 Mar 2025
Odds of winning the Powerball and Mega Millions are NOT in your favor. Odds of hitting the jackpot in Mega Millions or Powerball are around 1-in-292 million ... The Powerball jackpot inched closer to half a billion dollars for Wednesday's drawing.

Jollibee lowers cost of $300-M bond issuance

The Philadelphia Inquirer 27 Mar 2025
(JFC) was able to tighten the price of its $300-million bond offer as its return to the US dollar debt market was welcomed by ...

Province launching land transfer tax review

CTV 27 Mar 2025
The Manitoba government said it wants to close a tax loophole that could net millions of dollars a year. .

Netflix just released 3 episodes of The Traitors rival to binge now

Metro UK 27 Mar 2025
Would you have what it takes to win a million dollars? ....

$TOCKHOLDER ALERT: The M&A Class Action Firm Urges Shareholders of AMPS, ML, AMPY, HEES to ...

Victoria Advocate 27 Mar 2025
NEW YORK, March 26, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report ....

Buckfire, Doak: Detroit's '13th check' program invites past risk

Detroit news 27 Mar 2025
These lengthy negotiations slow restructurings and delay economic recovery, damage governmental credibility and require tens of millions of dollars in additional transaction costs.

Beverly Hills man gets 25-year sentence in hemp farm fraud case

Daily Breeze 27 Mar 2025
Anderson falsely stated that his bottling companies owned and possessed millions of dollars’ worth of assets, including — in Bio Pharma’s case — hemp biomass, CBD isolate, CBD oil, and — ...

Tahquamenon’s Lower Falls campgrounds reopen for summer reservations

Michigan Live 27 Mar 2025
Renovations at both loops are part of $4.3 million in federal funding awarded to Tahquamenon Falls State Park from the Building Michigan Together Plan using $273 million American Rescue Plan Act dollars.

Former HHS secretary Kathleen Sebelius worries over ‘devastating’ cuts to research funding

The Hill 27 Mar 2025
Still, many in the scientific community are concerned ... Sebelius said that in her home state of Kansas, both Kansas State University and the University of Kansas have started losing millions of dollars “on the health side” and in research ... ....

Commentary: Mariners don’t just need Julio Rodríguez to be good. He needs to be elite.

The Spokesman-Review 27 Mar 2025
... director of hitting strategy, but as I’ve said before, if hitting coaches were responsible for major statistical improvements team-wide, they would be worth tens of millions of dollars per year.

Irvine man sentenced for stealing rare violins and robbing a bank

Daily Bulletin 27 Mar 2025
Among the instruments Meng stole were a Giulio Degani violin worth $175,000, a Lorenzo Ventapane violin from 1823 valued at another $175,000, and several other violins and bows totaling over half a million dollars ... Withdraw. Please. Stay Cool. No harm ... .

San Francisco's BART Crisis is Here

Hot Air 27 Mar 2025
... millions per year in state funding or a major cutback in service ... Without hundreds of millions of dollars in new funding, BART would have to shut down stations and limit train service to once an hour.
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