Posted by : David Poerba Selasa, 28 Mei 2013

A millionaire (originally and sometimes still millionnaire[1]) 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.[2] 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 (i.e. $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 (i.e. $1,000,000,000,000). 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 7.3 million dollars in 2009.[3] Increasingly, the term denotes the status of high wealth. American sociologist Leonard Beeghley classifies all households with net worth exceeding USD 1 million as "The Rich".[citation needed] As of 2008, there were 10 million people around the globe who are classified as U.S.-dollar millionaires.[4]

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