Translation and analysis of words by ChatGPT artificial intelligence
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What (who) is millionaire - definition
![A large suburban home valued at roughly $1,000,000 (2006) in [[Salinas, California]], shown for scale of [[purchasing power]]](https://commons.wikimedia.org/wiki/Special:FilePath/1 million dollar home.jpg?width=200 "A large suburban home valued at roughly $1,000,000 (2006) in [[Salinas, California]], shown for scale of [[purchasing power]]")
![publisher = [[Credit Suisse]]}}Page 130 features the number of millionaires. Share of millionaires in the population was obtained by dividing the number of millionaires by the number of adults, rounded to decimals.</ref>](https://commons.wikimedia.org/wiki/Special:FilePath/Global Wealth Distribution 2020 (Property).svg?width=200 "publisher = [[Credit Suisse]]}}Page 130 features the number of millionaires. Share of millionaires in the population was obtained by dividing the number of millionaires by the number of adults, rounded to decimals.</ref>")
Wikipedia
A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency. Depending on the currency, a certain level of prestige is associated with being a millionaire. 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.
Many national currencies have, or have had at various times, a low unit value, in many cases due to past inflation. It is obviously much easier and less significant to be a millionaire in those currencies, thus a millionaire (in the local currency) in Hong Kong or Taiwan, for example, may be merely averagely wealthy, or perhaps less wealthy than average. A millionaire in Zimbabwe in 2007 could have been extremely poor. Because of this, the term 'millionaire' generally refers to those whose assets total at least one million units of a high-value currency, such as the United States dollar, Euro, or Pound Sterling.
As of June 2022, there were estimated to be just over 15 million millionaires in the world according to the Global Citizens Report by Henley & Partners. The United States had the highest number of millionaires (5,325,000) of any country, whilst New York is the wealthiest city with 345,000 millionaires.
