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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. 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 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.
A billionaire is a person with a net worth of at least one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.
Georgina Hope Rinehart is an Australian billionaire mining magnate and heiress. Rinehart is the Executive Chairman of Hancock Prospecting, a privately owned mineral exploration and extraction company founded by her father, Lang Hancock.
Jack Cowin is a Canadian-Australian businessman and entrepreneur with a long-term involvement in franchised fast food chains in Australia and Canada. Cowin brought KFC to Australia, founded and owns Hungry Jack's, which is the Burger King franchise in Australia, and has at various stages controlled the Domino's Pizza franchise in Australia prior to its 2005 listing on the ASX.
Rich List or The Rich List may refer to:
Harry Oskar Triguboff is an Australian billionaire real estate developer, and one of Australia's richest people. He is the founder and managing director of Meriton and is known as "high-rise Harry".
Anthony Joseph Pratt, an Australian businessman and billionaire, is the executive chairman of Visy Industries, the world's largest privately owned packaging and paper company. He is the heir of Richard Pratt, who was a manufacturing magnate and president of the Carlton Football Club.
The Forbes list of Australia's 50 richest people is a list of Australia's fifty wealthiest individuals and families, ranked by personal net worth published annually by Forbes Asia magazine. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list is published annually in January in an online format and updated daily, also online.
The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.
Michael Cannon-Brookes is an Australian billionaire business magnate who is the co-founder and co-CEO of software company Atlassian.
The Bloomberg Billionaires Index, launched in March 2012, is a daily ranking of the world's 500 richest people based on their net worth. It features a profile of each billionaire, and includes a tool that allows users to compare the fortunes of multiple billionaires. The index is updated every day at the close of trading in New York.
Leonard Hasting "Len" Ainsworth is an Australian businessman, most widely known for founding Aristocrat Leisure, one of the world's largest gambling-machine companies. He founded the company in 1953, and remained active until 1994; and later founded Ainsworth Gaming Technology, and was an executive director until 2019.
Zhong Shanshan is a Chinese businessman.
References
- 1 2 Donovan, Emile (3 May 2021). "Post-Covid, it takes more than cash to make the Rich List". newsroom.co.nz. Newsroom. Retrieved 25 November 2023.
- 1 2 "Bloomberg Billionaires Index". www.bloomberg.com. Bloomberg. 25 November 2023. Retrieved 25 November 2023.
- 1 2 3 "Forbes Billionaires 2023: The Richest in the World". www.forbes.com. Forbes Media. 2023. Retrieved 25 November 2023.