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What does it mean computer millionaire? Elliot Maddox is in New York. He is 22 , and a computer millionaire. He is the director of netstore.ca So what does it mean computer millionaire here ?

Answers · 3

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The word "millionaire" originated in England. It meant someone who had ₤1,000,000, one million pounds sterling. The United States borrowed the word and used it to mean $1,000,000, one million U.S. dollars. A millionaire was a very, very rich person. Now, it just means "someone rich." And it is commoner to use the word "billionaire." It is common to put the name of a kind of business in front of "millionaire" or "billionaire" to say how the money was earned. John D. Rockefeller was an oil billionaire. Donald Trump is a real estate billionaire. Carlos Slim is a telecom billionaire. Sulaiman Al Rajhi is a banking billionaire. Mark Zuckerberg made his money in an internet-business. The internet is computer-related. We could say: Mark Zuckerberg is an internet billionaire. We could also say, more generally: Mark Zuckerberg is a computer billionaire. When the word was coined, a million pounds meant someone was rich indeed. (At that time, a pound was worth about $5 and the British were scornful of Americans using the world "millionaire" for people who were only worth a million _dollars!_) As a result of inflation, $1,000,000 is not worth as much, and in the U.S. there are said to be about three million millionaires, but only about 500 billionaires.
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He has become millionaire through computer related business or technology.

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