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Traditional American usage (which was also adapted from French usage but at a later date), Canadian, and modern British usage assign new names for each power of one thousand (the short scale). Thus, a billion is 1000 × 1000 2 = 10 9; a trillion is 1000 × 1000 3 = 10 12; and so forth.
Per Forbes (April 2024) [1]; Rank Rank per capita Country/Territory Billionaires Rate - World 2,781: 0.343 1 11 United States 813: 2.420 2 53 China 406: 0.288 3 58 India 200: 0.144
The number of billionaires that, with assets combined, would own as much money as half the world population, and what transport they would fit on, from years 2010 to 2016 [17] According to a 2016 Oxfam report, the wealth of the poorest 95% dropped by 38% between 2010 and 2015, due to an increase in the global population of 400 million. [ 17 ]
For example, nearly 750 people on Forbes’ World’s Billionaires list for 2022 have a net worth of $1.5 billion or below as of March 11. This is obviously a monumental difference from Musk’s ...
Billion is a word for a large number, and it has two distinct definitions: 1,000,000,000 , i.e. one thousand million , or 10 9 (ten to the ninth power ), as defined on the short scale . This is now the most common sense of the word in all varieties of English; it has long been established in American English and has since become common in ...
Using the Federal Reserve’s $2.3 trillion M0 currency figure and a current world population of 8.17 billion, per Worldometer, there’s about $282 per person in the world, on average. Using the ...
1,000,000,000 (one billion, short scale; one thousand million or one milliard, one yard, [1] long scale) is the natural number following 999,999,999 and preceding 1,000,000,001. With a number, "billion" can be abbreviated as b, bil [2] or bn. [3] [4] In standard form, it is written as 1 × 10 9. The metric prefix giga indicates 1,000,000,000 ...
A standardized way of writing very large numbers allows them to be easily sorted in increasing order, and one can get a good idea of how much larger a number is than another one. To compare numbers in scientific notation, say 5×10 4 and 2×10 5 , compare the exponents first, in this case 5 > 4, so 2×10 5 > 5×10 4 .