multimillionaire

A multimillionaire donates a large sum to a children's hospital.

Definition

1. Noun:
   • A person with multiple millions of currency units: "multimillionaire" refers to an individual whose net worth is measured in several million units of currency (e.g., dollars, pounds, euros), typically exceeding two or more million. This term emphasizes wealth beyond that of a mere millionaire.

Usage Examples

• Noun:
  • After selling his tech startup, he became a multimillionaire. (He now possesses several million dollars in wealth.)
  • The charity gala was attended by many multimillionaires who donated generously. (Wealthy individuals with multiple millions attended the event.)

Advanced Usage

• "self-made multimillionaire": a person who achieved multimillionaire status through their own efforts rather than inheritance.

  • She is a self-made multimillionaire who built her company from scratch. (She earned her wealth independently.)

• "multimillionaire status": the condition or rank of being a multimillionaire.

  • Achieving multimillionaire status requires smart investments and hard work. (Reaching the level of having multiple millions.)

Variants and Related Words

• Millionaire (n): a person whose wealth is at least one million units of currency.
  • He is a millionaire, but not yet a multimillionaire. (He has one million, but not several.)
• Billionaire (n): a person whose wealth is at least one billion units of currency.
  • A billionaire has far more wealth than a multimillionaire. (A billion is a thousand million.)

Synonyms

• Wealthy individual: a person with substantial financial resources.
• Rich person: a general term for someone with abundant money.
• Tycoon: a wealthy and powerful businessperson, often a multimillionaire.

Related Idioms

• "Rolling in money": to be extremely rich, often implying multimillionaire status.

  • After his inheritance, he was rolling in money and bought a yacht. (He had so much wealth he could spend freely.)

• "Money to burn": to have more money than needed, characteristic of multimillionaires.

  • She has money to burn and donates millions to charities. (She has excess wealth for spending.)