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A billionaire is a person who has a net worth
Net worth

In business, net worth is the total assets minus total outside liability of an individual or a company . For a company, this is called shareholders' equity and may be referred to as book value....
 of at least one billion
1000000000 (number)

1,000,000,000 is the natural number following 999,999,999 and preceding 1,000,000,001.In scientific notation, it is written as 109....
 units of currency, such as United States dollar
United States dollar

The United States dollar is the unit of currency of the United States and was defined by the Coinage Act of 1792 to be between 371 and 416 grains of silver ....
s (USD/US$), U.K. pound
Pound sterling

----The pound sterling , subdivided into 100 pence , is the currency of the United Kingdom, its Crown dependency and the British Overseas Territories of South Georgia and the South Sandwich Islands and British Antarctic Territory....
s (GBP/£) or euro
Euro

The euro is the official currency of 16 out of 27 European Union member state of the European Union . The states, known collectively as the Eurozone are: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain....
 (EUR/€).







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Encyclopedia


A billionaire is a person who has a net worth
Net worth

In business, net worth is the total assets minus total outside liability of an individual or a company . For a company, this is called shareholders' equity and may be referred to as book value....
 of at least one billion
1000000000 (number)

1,000,000,000 is the natural number following 999,999,999 and preceding 1,000,000,001.In scientific notation, it is written as 109....
 units of currency, such as United States dollar
United States dollar

The United States dollar is the unit of currency of the United States and was defined by the Coinage Act of 1792 to be between 371 and 416 grains of silver ....
s (USD/US$), U.K. pound
Pound sterling

----The pound sterling , subdivided into 100 pence , is the currency of the United Kingdom, its Crown dependency and the British Overseas Territories of South Georgia and the South Sandwich Islands and British Antarctic Territory....
s (GBP/£) or euro
Euro

The euro is the official currency of 16 out of 27 European Union member state of the European Union . The states, known collectively as the Eurozone are: Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain....
 (EUR/€).

Origins of Billionaires

The first Forbes
Forbes

Forbes is an United States publishing and mass media company. Its flagship publication, Forbes magazine, is published bi-weekly. Its primary competitors in the national business magazine category are Fortune , which is also published bi-weekly, and Business Week....
 ranking of billionaires in 1986 found 140 billionaires around the world. However, by 2008 Forbes ranking counted a total of 1,125, whose total accumulated wealth measured US$4.4 trillion. John D. Rockefeller
John D. Rockefeller

John Davison Rockefeller was an United States industrialist and philanthropist. Rockefeller revolutionized the petroleum industry and defined the structure of modern philanthropy....
 became the first billionaire on September 29, 1916.

See also


Regions by net worth


  • List of Australians by net worth
    List of Australians by net worth

    The following is a list of Australians by net worth:...
  • List of Canadians by net worth
    List of Canadians by net worth

    The following is a list of Canadians by net worth:Billionaires# The Thomson family $24.41 1000000000 # Galen Weston, George Weston, W....
  • List of Chinese people by net worth
  • List of Danes by net worth
    List of Danes by net worth

    # M?rsk Mc-Kinney M?ller - $5.1 billion# J?rgen Mads Clausen - $3.5 billion# Kjeld Kirk Kristiansen - $2.5 billion...
  • List of Dutch by net worth
    List of Dutch by net worth

    # Charlene de Carvalho-Heineken - US$ 7.2 billion# Frits Goldschmeding - US$ 3.8 billion# John de Mol - US$ 2.2 billion# John A. Fentener van Vlissingen - US$ 1.6 billion...
  • List of French people by net worth
  • List of Indians by net worth
  • List of Jamaicans by net worth
    List of Jamaicans by net worth

    Jamaican billionaires!!Name!!Net worth !!Citizenship!!Sources of wealth|-|||Michael Lee-Chin||$1.8 billion ||||Portland Holdings Inc....
  • List of Indonesians by net worth
    List of Indonesians by net worth

    This is a list of Indonesian people ordered by their net worth. According to Forbes , there were only two Indonesians who were listed among world's billionaires....
  • List of Japanese by net worth
    List of Japanese by net worth

    See also*Lists of billionaires*List of countries by the number of billionaires*Lists of people by nationality*List of Japanese people...
  • List of Malaysians by net worth
    List of Malaysians by net worth

    The is a list of twenty wealthiest people in Malaysia , published by Forbes Asia.External links*...
  • List of Mexicans by net worth
    List of Mexicans by net worth

    # Carlos Slim - Telmex, Am?rica M?vil, CompUSA, WorldCom and Telcel# Alberto Bailleres - Industrias Penoles# Germ?n Larrea Mota-Velasco - Grupo M?xico ...
  • List of Polish by net worth
  • List of Russians by net worth
  • List of Singaporeans by net worth
    List of Singaporeans by net worth

    The following is a list of Singaporeans by net worth....
  • List of Swedes by net worth
    List of Swedes by net worth

    Forbes magazine 2007# Ingvar Kamprad - $33 billion # Stefan Persson - $18.2 billion# Birgit Rausing - $8.6 billion # Hans Rausing - $8.5 billion ...
  • List of Taiwanese by net worth
    List of Taiwanese by net worth

    This is a list of Taiwan's wealthiest people, based on each person's total net worth. The total net worth is an estimate measured in United States dollars by Forbes in 2008....
  • List of Turks by net worth
    List of Turks by net worth

    The following list is the ranking of billionaires of Turkish citizenship as of March 5, 2008, compiled by the Forbes Magazine....
  • List of South East Asian people by net worth
  • List of Americans by net worth
    List of Americans by net worth

    The assembled net worth of America's wealthiest, in 2008, rose to $1.57 trillion, according to the Forbes 400.Rising prices of oil and art paved the way for 31 new members and eight returnees, while volatile stock and housing markets forced 33 from the rankings....
     (more
    List of Americans by net worth (204-400)

    Top American billionaires The following list is the ranking of America's richest List of billionaires on September 17, 2008....
    )


Miscellaneous

  • Black billionaires
    Black billionaires

    According to the 2008 Forbes International Billionaire List, Aliko Dangote, with a net worth of $3.3 billion is the richest black person in the world, overtaking Oprah Winfrey who was listed as the only black billionaire for three straight years....
  • Wealthy Historical Figures
    Wealthy Historical Figures

    Lists of Wealthy historical figures:* Wealthy historical figures 2008* Wealthy historical figures 2007, the 2007 version of the list* Wealthy historical figures 2006, the 2006 version...
  • List of Countries by the Number of Billionaires
  • List of Female Billionaires
    List of female billionaires

    This list of female billionaires is based on an annual ranking of the world's wealthiest people compiled and published by Forbes magazine in March 2007, based on the closing stock prices and exchange rates on 9 February, 2007....
  • List of Heads of Government and State by Net Worth
    List of heads of government and state by net worth

    This is a list of Head of state and Head of government by their net worth, mostly of their liquid assets. This list should not include crown property and other material goods as of August 2008....
  • List of Korean Billionaires and Multi-Millionaires
    List of Korean billionaires and multi-millionaires

    This is an incomplete list of Korean billionaires and multi-millionaires, and also describes wealth in Korea.There are several published Korean rich lists within Korea including ones issued by the wealth valuation company Equitable, the Digital Times, Korea Times, and other major Korean publications....
  • List of Most Wealthy Historical Figures
    List of most wealthy historical figures

    This list of the richest people ever or the most wealthy historical figures is essentially the list of the richest people in recorded history, or the richest people ever born ....
  • List of US-Dollar Billionaires in Germany
  • List of the 100 Wealthiest People
    List of the 100 wealthiest people

    This list of the 100 wealthiest people is a list of the world's 100 wealthiest people as of February 11, 2008, based on each person's total net worth....
  • List of Wealthiest Non-Inflated Historical Figures
    Wealthiest non-inflated historical figures

    The list of wealthiest non-inflated historical figures is a small article based on the publications of Forbes. , Wealthy historical figures 2008 and other financial sources....
  • List of the Wealthiest Royals
    List of the wealthiest royals

    This list of the wealthiest royals as of August 20, 2008, based on information of Forbes Magazine. The total net worth is an estimate measured in United States dollars....