Billionaire

Definitions

Somebody whose wealth is at least one billion (10⁹) currency units.

Equivalents

Examples

“Private-equity nabobs bristle at being dubbed mere financiers.[…]Much of their pleading is public-relations bluster. Clever financial ploys are what have⟳ made billionaires of the industry’s veterans. “Operational improvement” in a portfolio company has often meant little more than promising colossal bonuses to sitting chief executives if they meet⟳ ambitious growth targets. That model⟳ is still prevalent today.”

“The ranks of the billionaire class last⟳ year grew by just over 200 to nearly 2,770 people. Their wealth skyrocketed by $2.1 trillion — three times faster than the year before — to a total of $15 trillion. In the United States alone, where 816 billionaires reside, the net worth of this group soared by $1.4 trillion.”

CEFR level