He adjective millionaire It is used to qualify who has at least one million monetary units (dollars, euros, etc.). Also used as a noun, the term refers to someone with a big wealth .
By example : “The telephone company was bought by a Chinese millionaire who, thus, lands in the Latin American market”, “With just 19 years of age, the young footballer became a millionaire thanks to the contract he signed with the Spanish club”, “I do not pretend to be a millionaire, but I would like to have more money to give me some tastes”.
The millionaire can save his wealth in different ways. Usually not only stores a lot money in cash, but also has bank accounts , Actions and goods as estate and cars .
The usual thing is that the millionaire leads a comfortable life and is in a good social position. Its economic situation allows you to have no labor or material concerns, so you can dedicate a lot weather to travel and leisure.
There are, however, some exceptions. When the inflation it is very high or even a hyperinflation , the money is devalued and, therefore, the millionaire can be poor . Suppose that, in a certain country and at a particular historical moment, a person needs three million pesos monthly to cover basic needs and not fall into poverty. In this context, the one who has a million pesos in the bank is a millionaire, although that figure is not enough even to cover the elementary expenses of one month.