We often listen to words like, rich, millionaire, billionaire. What does it mean? What sense does it make for you?

Who is millionaire?

People get confused, all they think is that the person who's rich he's a millionaire! Yes, you're absolutely right.

But how rich? Ask yourself how rich?

If you say, "So rich!" there's no yet like that. If rich is millionaire and so rich is also millionaire, Then who is a billionaire?

I've observed many times, people can't really define a millionaire and a billionaire.

Whenever I ask them, who's millionaire?

They say - "A person who is rich!"

I say to them, "Would you like to be one?"

"of course, who doesn't wants to?"

This reply, "of course, who doesn't wants to?" shock me, Well if a person doesn't knows, who a millionaire is? Who come he can become one?

This is so funny, because whenever I ask people, who is a billionaire?

They don't define the it! They give examples of people who are one! Like Mark Zuckerberg, Bill Gates, Warren Buffet.

This makes me laugh and punch on their face because when I ask them, "Do you want to become one?"

Their reply, "No, I can't. In my dreams possibly."

I laugh but I let go!

Why people don't define a millionaire and a billionaire?

It's that simple. They don't know! And they want to!

I'm gonna be telling you who a millionaire is! Actually your family is a millionaire! Yes, you read that right. I'm not joking, your family is a millionaire!

The correct definition of a millionaire is, "A person who has assets worth a million in his/her regional currency."

A person with a worth of a million dollars in indeed a millionaire. But a person with a worth of a million INR ($15,000) is also a millionaire!

Because it isn't clearly written about the currency a person's assets are! But these days, a person with a worth of 6.5 crore (1m dollars) in India is known as a millionaire.

If you earn that much in a year. Indeed you're a millionaire, instead I'd say you're more richer than an American millionaire. Because your earnings are more than your asset.

Who's a billionaire then? It's that simple it doesn't matter how rich you are! A person with not worth of a billion dollars even if his earnings are in millions.

A person is a billionaire even if his worth is a billionaire dollars or 100b dollars.

I hope you now understand the main difference and don't get confused.