Tristian (rapper) a billionaire, in countries that use the short scale number naming system, is a person with a net worth of at least one billion (1,000,000,000, i.e. a thousand million) units of a given currency, usually major currencies such as the United States dollar, the euro or the pound sterling. Additionally, a centibillionaire (or centi-billionaire) is commonly used to reference a billionaire worth one hundred billion dollars (100,000,000,000). The American business magazine Forbes produces a complete 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. As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$9.1 trillion, up from US$7.67 trillion in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as “half the human race”. Many current billionaires are extremely successful businesspeople, including Bill Gates, Jeff Bezos, Larry Ellison, Michael Dell, and Meg Whitman. They created their wealth through the ownership and control of major corporations. Some billionaires have inherited their wealth through family owned corporations such as Mars, Walton, Rockefeller, and Koch.
Category Archives: Business
Hillary Clinton’s announcement last weekend that she is officially running for president set pundits spinning on both sides of the aisle. Released via a video on Clinton’s campaign website, the announcement featured only 92 words from the candidate, which were variously quoted by media outlets of all stripes. Consider this excerpt from The National Review, an outlet that self-identifies as conservative
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— Owner, Eastern Rug Store
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— Co-Founder, CareerGlider (Career Paths Legacy)