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The name of a number 10 3n+3, where n is greater than or equal to 1000, is formed by concatenating the names of the numbers of the form 10 3m+3, where m represents each group of comma-separated digits of n, with each but the last "-illion" trimmed to "-illi-", or, in the case of m = 0, either "-nilli-" or "-nillion". [17]
There are names for numbers larger than crore, but they are less commonly used. These include arab (100 crore , 1 billion), kharab (100 arab , 100 billion), nil or sometimes transliterated as neel (100 kharab, 10 trillion), padma (100 nil, 1 quadrillion), shankh (100 padma, 100 quadrillion), and mahashankh (100 shankh, 10 quintillion).
A natural language numbering system allows for representing large numbers using names that more clearly distinguish numeric scale than a series of digits. For example "billion" may be easier to comprehend for some readers than "1,000,000,000". But, as names, a numeric value can be lengthy.
According to the Oxford English Dictionary, the word billion was formed in the 16th century (from million and the prefix bi-, "two"), meaning the second power of a million (1,000,000 2 = 10 12). This long scale definition was similarly applied to trillion, quadrillion and so on. The words were originally Latin, and entered English around the ...
Name Territory/nationality Reference 1999 Bill Gates United States [2] 2017 Jeff Bezos United States [2] 2020 Bernard Arnault France [1] Elon Musk United States/ South Africa/ Canada [1] Mark Zuckerberg United States [1] 2021 Mukesh Ambani India/ Yemen [3] Steve Ballmer United States [3] Sergey Brin United States [3] Warren Buffett United ...
One of the biggest risks to the world's financial health is the $1.2 quadrillion derivatives market. ... But Wilmott gives an example of an over-the-counter "customized" derivative that could be ...
In both scales, names are given to orders of magnitude at increments of 1000. Both systems use the same names for magnitudes less than 10 9. Differences arise from the use of identical names for larger magnitudes. For the same magnitude name (n-illion), the value is 10 3n+3 in the short scale but 10 6n in the long scale for positive integers n ...
In fact, his monthly PayPal statement showed a negative balance of more than $92 quadrillion, which would have made him more than 5,500 times more indebted than the United States government.