Long Scale Billionaires/short Scale Trillionaires
In countries that use the long scale number naming system, a billionaire would have one million million (1,000,000,000,000) units of currency. Under the short scale number naming system, an individual with such a fortune would be a trillionaire. There are no known euro or U.S. dollar trillionaires – in U.S. dollars, such a fortune would be roughly equivalent to the entire 2010 gross domestic product of Mexico. However, some individuals have attained fortunes of over one trillion units in other currencies. According to VnExpress, 9 Vietnamese had stock market assets valued at over one trillion đồng (US$47.5 million) by the end of 2011. According to the Korea Herald, there were 16 Koreans with stock market assets valued at over one trillion won (US$895 million) on March 9, 2012. According to the Jakarta Globe, 116 Indonesians had assets worth over one trillion rupiah (US$117 million) in 2011.
In countries affected by severe hyperinflation, some individuals can become trillionaires as currency units are printed in larger and larger denominations, although in such cases the currency itself quickly becomes virtually worthless.
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Famous quotes containing the words long, scale and/or short:
“Shall we never have done with that cliché, so stupid that it could only be human, about the sympathy of animals for man when he is unhappy? Animals love happiness almost as much as we do. A fit of crying disturbs them, they’ll sometimes imitate sobbing, and for a moment they’ll reflect our sadness. But they flee unhappiness as they flee fever, and I believe that in the long run they are capable of boycotting it.”
—Colette [Sidonie Gabrielle Colette] (1873–1954)
“With a defeated joy,
With an auspicious, and a dropping eye,
With mirth in funeral, and with dirge in marriage,
In equal scale weighing delight and dole.”
—William Shakespeare (1564–1616)
“Iambics march from short to long;—
With a leap and a bound the swift Anapaests throng;”
—Samuel Taylor Coleridge (1772–1834)