Definition

1. Noun:
   • A person who possesses great material wealth: An individual who has accumulated significant financial resources, assets, or valuable possessions, placing them in a high economic stratum.

Usage

• The term "wealthy person" is a neutral, descriptive noun phrase used to denote an individual's economic status. It is commonly used in formal, journalistic, and general contexts to discuss economics, social classes, philanthropy, or taxation.
• It functions as the subject or object in a sentence.

Examples

• Noun:
  • The charitable foundation was established by a wealthy person who wanted to give back to the community.
  • Policies affecting wealthy persons are often debated in parliament.
  • She became a wealthy person through years of successful entrepreneurship.

Advanced Usage

• "The wealthy person's dilemma": A phrase sometimes used to describe ethical or social challenges specific to having great wealth, such as how to manage or distribute it.
  • The article explored the wealthy person's dilemma of choosing between legacy and liquidity.

Variants and Related Words

• Wealthy (adj): Having a great deal of money, resources, or assets.
  • They live in a wealthy neighborhood.
• Person of wealth (noun phrase): A more formal synonym for "wealthy person."
• High-net-worth individual (HNWI) (noun phrase): A technical financial term for a person with substantial liquid assets.

Synonyms

• Rich person: A more common, slightly less formal synonym.
• Affluent person: Often implies a comfortable, prosperous lifestyle.
• Millionaire/Billionaire: Specifies a person whose wealth exceeds one million or one billion units of currency.

Related Phrases

• Wealthy individual: A slightly more formal variant with identical meaning.
  • The law applies to every wealthy individual with offshore accounts.

Noun

1. a person who possesses great material wealth