Billionaire

person who has a net worth of at least one billion (1,000,000,000) units of a given currency

A billionaire, in countries that use the short scale number naming system, is a person with a net worth of at least one billion (1,000,000,000, i.e. a thousand million) units of a given currency, usually major currencies such as the United States dollar, the euro or the pound sterling.

Quotes

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  • Beasley pointed toward Elon Musk and Jeff Bezos, the two richest people in the world, who could each individually help those in these situations with a small chunk of their overall change. Musk, CEO of Tesla and SpaceX, has a net worth of $151 billion, according to Forbes, with his wealth increasing by more than 500% from January 2020 to March this year. Meanwhile, Amazon CEO Bezos has a net worth of $177 billion. And their net worth is still growing. The week of October 11, Musk's net wealth increased by $12.7 billion due to Tesla stock gains, according to Forbes, and in just one day, on October 15, Bezos' generated $5.6 billion from Amazon stock. When news broke that Musk may have beat Bezos for the richest person title, he tweeted at Bezos a silver second place medal emoji. Meanwhile, Beasley told CNN that millions of others are in a "heartbreaking" situation as they're "knocking on famine's door."
  • The governments are tapped out. This is why and this is when ... the billionaires need to step up now on a one-time basis, $6 billion to help 42 million people that are literally going to die if we don't reach them. It's not complicated... I'm not asking them to do this every day, every week, every year... We have a one-time crisis: a perfect storm of conflict, climate change and COVID. ...Just help me with them one time... The world's in trouble and you're telling me you can't give me .36% of your net worth increase to help the world in trouble, in times like this?... What if it was your daughter starving to death? What if it was your family starving to death? Wake up, smell the coffee, and help... My god, people are dying out there... We have a vaccine for this. It's called money, food.
  • The wealth that we have in this country is extraordinary. Last year, at the height of COVID, a billionaire was created every 17 hours. The average net worth increase by the billionaire community – that’s over 2,000 billionaires worldwide – was $5.2 billion per day... I need an additional $6 billion this year to reach the 41 million ... that are knocking on famine’s door... Let me tell you what will happen if I don’t reach those ... countries with that $6 billion. Yes, you’ll have starvation, mass starvation. You will have destabilization of nations. And you will have mass migration... The price tag to fix it will not be $6 billion... It will be trillions of dollars.
  • The rich individuals are increasingly hoarding everything. If the billionaires want to go to space, they could at least leave their money on Earth to solve the critical Earthbound problems. We now have an estimated 2,775 billionaires with a combined net worth of around $13.1 trillion. I have it on good authority that you don’t need more than $1 billion to live comfortably. Even if every billionaire kept $1 billion, that would leave around $10 trillion for ending hunger, poverty, and environmental destruction. We should be taxing the vast and rapidly growing billionaire wealth to help finance a civilized world.

See also

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