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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Replying to @vgr
I thought that's what "multimillionaire" was supposed to mean - i.e. "actually really rich"
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Replying to @vgr @NickPinkston
I mean even 2 million is multi, as is 999 million, just short of billion
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Replying to @vgr
Literally yes, but I don't think that's how multimillionaire is actually used though. I always think of it as 10's / 100's Millions
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Replying to @NickPinkston
I don’t think that’s common... there’s no consensus sense around multimillionaire afaict. I use it for anything above a couple.
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Replying to @NickPinkston
Ah come on. Common usage doesn’t track the curve but lifestyle markers.
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Replying to @vgr
That link has both lifestyle and people with my 10s/100s definition. I'm interesting in how media people use it, so maybe look at these people? https://www.cnbc.com/search/?query=multimillionaire&qsearchterm=multimillionaire …
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Even if that’s consistent, 10s and 100s are very different bands 10s = keep up with elites in big city 100 = rule those elites 200-500 = dent in the universe, swing a few elections Billion = basically a minor head of state level of power
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Replying to @vgr
Yea, I tend to imagine multimil = $50M which can express itself from everything as country bumpkin to full power broker. Most people don't actually use their wealth to gain influence and are just into boring consumption goods.
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Replying to @NickPinkston @vgr
Boring consumption goods? I think that's actually the minority. More like quiet life in peace.
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