Difference between a millionaire and billionaire?

Understanding the Super Wealthy

What is the difference between a millionaire and a billionaire? 

I always found it difficult to comprehend the wealth of the owners and those chartering these yachts. Looking online I found some useful everyday comparisons which show the incredible leap from millionaire to billionaire, way higher than I ever imaged.


Hopefully you will find the below examples useful in helping understand the super wealthy and appreciating the level of wealth of some you may meet.


A million:


•    One million is a thousand thousands.
•    One million is a 1 with six zeros after it, denoted by 1,000,000.
•    One million seconds is about 11 and a half days.
•    One million pennies stacked on top of each other would make a tower nearly a mile high.
•    If you earn $45,000 a year, it would take 22 years to amass a fortune of one million dollars.
•    One million ants would weigh a little over six pounds.
•    One million dollars divided evenly among the U.S. population would mean everyone in the United States would receive about one third of one cent.

A billion:


•    One billion is a thousand millions.
•    One billion is a 1 with nine zeros after it, denoted by 1,000,000,000.
•    One billion seconds is about 31 and a half years.
•    One billion pennies stacked on top of each other would make a tower almost 870 miles high.
•    If you earn $45,000 a year, it would take 22,000 years to amass a fortune of one billion dollars.
•    One billion ants would weight over 3 tons - a little less than the weight of an elephant.
•    One billion dollars divided equally among the U.S. population would mean that everyone in the United States would receive about $3.33.

Quite a sharp difference, so when talking about millions to run a yacht, for a billionaire this is relative pocket money in comparison.

Next Blog: Deciding whether to work on a super yacht...

Written by Ben Proctor


For more information read Work on a Super Yacht: The Beginners Guide by Ben Proctor 
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