It is interesting that we lack good words for key bands of wealth.
Top 1% is apparently 4 million. So millionaire works.
Threshold for top 0.01% is apparently $111 million. I’m guessing 0.1% is like 10-20 million.
We need words like decamillionaire and centimillionaire.
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The lack of good words for meaningful striating of the top 1% is an interesting condition of illegibility. For starters we should start plotting wealth on loglog or semilog scales
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I thought that's what "multimillionaire" was supposed to mean - i.e. "actually really rich"
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is this US specific? broadly Western? really need to specify that
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That's hectamillionaire or decibillionaire. Centimillionaire would be someone with $10k
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am I rich yet ?
no, I'm not yet a millionaire.
some time later...
am I rich yet?
no, I'm not yet a deca.
some time later...
am I rich yet?
no, I'm not yet a centi.
2 hours later...
am I rich yet?
no, I'm not yet a billi...
more than 66% of all adults own less US$10,000
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Cory Doctorow used the word Zottarich to describe the 0.0...1% in Walkaway
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