Today, many aspiring entrepreneurs are inspired by the work of Grant Cardon, a sales expert and owner of a multi-million dollar fortune. One of his articles, “How to Become a Multimillionaire,” is read out by holes by some individuals. And who is a multimillionaire? Let's figure it out.
We give a definition
According to the definition of explanatory dictionaries, a multimillionaire is the owner of multimillion-dollar capital. In simple terms, one can be called a person whose condition is in the gap between a billion and a million. That is, this is not a millionaire, but not a billionaire yet.
Pseudo rich
In truth, this definition is easily criticized. According to Ozhegov, a multimillionaire is every Muscovite who owns real estate. After all, the condition of those who own at least one apartment in Moscow is a considerable amount of money.
If anyone who owns cash in the amount of more than a million monetary units is considered as such, then almost any able-bodied citizen of Belarus is the owner of a fortune.
What about Russia in the mid-90s? At that time, the Russian ruble depreciated so much that, according to Ozhegov’s definition, half of the country's families could be called multimillionaires.
Several million ... why?
According to public opinion, a huge fortune should imply wealth. A multimillionaire is a person whose fortune is estimated at several million monetary units of hard currency, for example, US dollars or euros. Also, the condition can be stored in Swiss francs or pounds sterling.
It is known that the assets of wealthy people are not always money. A multimillionaire is a person who has property in the form of metal accounts, securities, real estate and other assets, which in monetary terms are valued at several million dollars or other monetary units of hard currency.
Statistics data
According to experts, more than a third of multimillionaires in the world live in the United States. Of these, 4/5 reached their status on their own, the rest was inherited from a wealthy relative. Some also gained wealth at one point by winning the lottery, show, or sports.
In terms of the number of multimillionaires, Russia is ahead of most developed countries, second only to the United States and Germany. There you go!