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At What Point Are You A Millionaire?

Well,i really want to know at what point you can say 'am a millionaire'.is it when ur net worth is above a million or when u earn above a million in a year.cos if u earn about a million a year it doesnt necessarily make u a millionaire.or is it your bank balance that determines it.

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It's when your assets and the phisical cash you have in the bank as a resereve not when you earn 1million a month.

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, the day you believe you are,

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This is totally misjudgement with attenuated knowledge. American as a Nation have her own values. Just like any other Nation, we live by our own standard. I have no confirmation at the time of this medium how much is the exchange rate from dollar to pounds but, I learned that United Kingdom Pound(GBP) is Greater than America Dollar. You may prove this claim wrong or make research on the claim and let me know which is greater. Let me argue base on the available information I have that Great Britain Pound is greater than America Dollar, a question & answer for you here is:- where will be your position if you travelled to London and Convert your $1,000,000.00 dollars to pound?, definitely the value of your $1,000,000.00 dollars will drop short of a million shattering your dream of being a million"dollarnier". Base on this fact I may not be wrong to say Geographical location really matters. My Pointer on Cotonou, Benin Republic experience as important point to support my claim for geographical location being important factor for ones millionaire statusship is neither a mockery nor a flop. "I chop Eba for Nigeria, you chop Burger for America all na food". Shikenan, Opari.

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To me oooooo! Geographical Location really Matter to determine the millionier status ship. America is for Americans with their own values. As far as I can count One Million Naira from a ligimate business for myself In my beloved Country Naija I am a millionaire joooo. Who make it a must to have at least $1,000.000.00 before you are amillionier?. Dantanee Carry go no mind this Americana Dreamer "Jare" .

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You have only succeeded in becoming a millionaire in your dream. You will need to have your money (which is about $1,000.00) in 1,000 places to qualify to become a millionare irrespective of the location. A millionaire MUST be worth at least $1,000,000.00 not naira, not cefa, not rand, not yen not even euro or pounds.

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Being a millionaire depend on your geographical location. Let me give you account of an experience I had in 1998. In 1998 I went on a business trip to Cotonou, Benin Republic.Infact it was my first internatonal trip.After settling the Nigeria Security personnel at the border to allowed me cross to the other Republic. Finally I was able to cross onto the soil of Benin Republic, there drama stated from across the border. I was adviced to at least changed meagre sum of money from naira to Cefa for transportation purposes. As a first timer, I brought out whole sum of One Thousand Naira, Yes! whole sum of One Thousand Naira because, what i got in returned was far beyond my expectation. You know when you are expecting some thing like Two Thousand Cefa for One Thousand Naira and got Ten Thousand Cefa For Only One Thousand Naira it shocking and overwhelming. There I took a bike to Tokpa Market, On the bike I started some Calculation to see how much the total sum of One Hundred and Fifty Thousand Naira I had will amount to if Changed to Cefa.Unbelievable I was a Millionaire in another man's Land. Even though i was there for few hours business transaction, I bought more than I needed, I ate in the best Restaurant and above all I was a millionaire in Benin Republic.

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I will consider myself a millionaire when I give out 1 million Naira

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Nigerians and their own way of defining things!!!

A millionaire in Japan, France, Great Britain, United States, Nigeria or any other place in the world is a person whose material wealth is valued at more than a million dollars. Millionaire is an English word and don't even try to 'pidginise' it. There is no exception to the rule. If your net asset cannot be valued to be $1million dollars then you are not a millionaire. Therefore in Naira terms, a millionare will be someone who is presently worth N127,000,000.00. shikena!!!!

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When you look at your asset, Money in bank, share values, Properties, and all that you know that belongs to u even inclusive ur wife for the married and your Scot girl for the unmarried, you u have to send recharge card and gift,

Then u will know Ur worth as a millionaire

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I think that is when you have up to a million in

your bank account without your wife's knowledge.

If she does, she will remained you all your promisses.

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what a dumb question, we u got 7 figures ~!!!!

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@eBIZ

Hi I got ur reply on "At What Point Are You A Millionaire?"

I think we need to talk so that I can clearify somethings. My email address is slimsteveus@yahoo.com

U can send me an email with the topic eBIZ. I need to talk to u ASAP.Thanks anyway for ur contribution on the above topic, Cheers!

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A millionnaire is one who has an Asset(s) worth above a Million of the currency in evaluation. It is a networth. If a man's assets is worth above a million after all liabilities hs been deducted, then he can be said to be a millionnaire. paper investments and physical assets are mostly used in the Evaluation. Idling millions in a bank account does not form networth and therefor cannot be used to weigh a man's millionnaire status like it is the case mostly in Nigeria with our socalled millionnaires.

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if your moni pass i miily for account u don b millionia b that now, shooooo, which kin post bb this self

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A Millionaire is someone who has touched A million Lifes positively.

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I think there should be a reference currency/criteria for measuring millionaires,

i suggest the dollar.

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when u have assets worth millions.

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When you have assets worth N1m.

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Hmmn. . .Funny topic,anyway can anybody guess how many millionaires there are in the u.s. . . .about 303,817. . .from 2005 tax payers data,thats about 1% of the population,i might guess the same is true for Nigerias dollar millionaires,(1% of the population)but if u are a dollar millionaire you are more happy in Nigeria than over here,because taxes constantly tax your patience over here,and if you are not careful,the IRS can send you to the poor house real quick. . .but that said i'd rather have 100m naira in naija,than 1m dollars in yankeee

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When your earning is a number that has six or more zeros chasing it.

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You are a "millionaire" at the point where and when you allow contentment, happiness and peace of GOD into whatever HE has blessed you with.

Money for money's sake does not satisfy. The more you acquire, the larger the hunger and desperation you have to crave for more. It's like being hooked on drugs. If you make money (just being a millionaire in whatever currency) your goal in life, you’ll be disappointed that having amassed so much, you feel lesser, and empty.

Abacha died a poor "rich guy" leaving behind poor "rich offsprings and dependants"

Have you asked yourself why there is so much misery amongst the superstars Hollywood and music? Do you know that incidences of suicide are more prevalent in affluent societies and rich countries? REASON: Mammon god of money. Once he grabs a person, he ensures he destroys the soul of that person, but before then and or in the process, he lures with promise of happiness (that never comes) with increased account balance.

Think back, there was a time you were dreaming of earning what you now have, and fantasized that if and when you had the kind of account balance, it will be paradise for you, and you shall live happily ever after. Now that you've attained the target, are you happier? Chances are - NO "More money, more trouble"

I tell you, you can be a millionaire in any position level or stage of life you are. It's not how much you've amassed that counts, but the way you react/respond to what you, and others have.

Ultimately, seek not to be a millionaire or a billionaire. Make every effort to be a happy and contented person, and see how wonderful your life will be to you and everyone that comes across you in this journey called LIFE.

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when you can donate a million to help others

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when you are able to add value to peoples life.

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My take is that you are a millionaire when your annual net worth is in excess of one million dollars

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IF PRESIDENT YARADUA HAD NOT STOPPED REDENOMINATION/REDECIMALIZATION AS PROPOSED BY SOLUDO .MANY PRESENT NIGERIAN MILLIONAIRES WOULD HAVE BECOME FORMER MILLIONAIRES.

I BELIEVE THE EGO LIKES TO BE MASSAGED.SOLUDOS PLAN WOULD REDUCED NIGERIANS "I GET MONEY EGO" AS MUCH AS IT WOULD HAVE REDUCED THE QUANTUM OF NAIRA WE WOULD CARRY ABOUT.

YOU ARE A NIGERIAN MILLIONAIRE WHEN YOUR NET WORTH ,LESS WHAT YOU WILL SPEND IN A MEDIUM RUN ,IS MORE THAN 1 MILLION NAIRA. A NIGERIAN MILLIOAIRE WHOSE NET WORTH IS LESS THAN N130MILLION NAIRA IS NOT A DOLLAR DENOMINATED MILLIONARE.

MANY NIGERIANS WILL BE MILLIONAIRES IN ZIMBABWEAN DOLLARS!

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i like ur quot Elgaxton

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at the point where u can invest one million without the fear of the risk of loosing it

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It when you think less of your self than others and how you impacted words of wisdom and knowledge to the little ones and the people around you, that what make you a millionaire.

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GOOD CONTRIBUTION SO FAR OUR GOOD NIGER THINKER BUT I HAVE ONE GOOD QUESTION,WHICH ANYONE WHO SUCCESFULLY ANSWER WILL BREAK ITS BONE.

NOW,

HOW MANY OF US WORK TOWARD ACHIEVING MILLION?

DO YOU KNOW MILLIONS ARE FLOODING INTO FEW NIGERIAN ACCOUNT DAILY WITHOUT HAVE NOTHING TO DO WITH FRAUD? I KOWN THEN BUT FEW IN NUMBER!, VERY PITY MY FRIEND,

 YOU KNOW WHAT, YOU DONT NEED TO HAVE ONE MILLION TO MAKE MILLIONS! IF THIS IS YOUR BELIEVE, YOU BETTER CHANGE YOUR ATTITUDE IT MAY IMPRISIONED FOR LIFE IN THE SCHOOL OF IMPOSSIBILITIES!

YOU NEED TO WORK UPON YOURSELF,GET GOOD IDEA,CREATIVITIES WILL BE NEEDED AND GOOD TUTOR!

IF ANYMAN HAS EAR LET HIM OR HER HEAR WHAT I AM SAYING TO THE NIGERIAN!

Finally, incase you need fast,good and legitimately ebiz you can do and make atleast $120 per week without investing one kobo!

  why can't you visit

 www.wealth4u.com.wordpress.com

  or you need one help or the other about your business call me on

23460180077

thanks

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The country where you live matters a great deal. In Naija, if your net assets is more than N1m, you are indeed a millionaire. In yth US the net assets benchmark would then be $1m and so on.

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you are millionnaire when your standard of living is not compromised no matter where you are in the worrld. The way you live in Nigeria, is the same way you live in any country you visit in the whole wide world. Whether you are in New york, london, hong kong you do not lower your standard.

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When you have 1 million in Assets.[/color][color=#990000][/color][color=#990000]

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N1, 000, 000 is less than $10, 000.

And even if you have N3, 000, 000, that would be less than $30, 000. And to me, anyone with less than $1, 000, 000, is not a millionaire.

A fellow American blogger makes $5, 000 daily from adverts on his political blog. And that is my target as a professional blogger. And that means I want to make $150, 000 monthly from blogging alone. And to make over $1, 000, 000 in a year, then I can claim to be a millionaire.

Let us use the global standard to measure our worth.

Aim to be a millionaire in US Dollars or British Pounds and not in Naira.

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Simple when ur net worth is worth millions + a sustainable passive income

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London cool is right.Its a measure of ur net assets value.This can be physical assets or stocks.

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you become a millionaire when you arte able to add value to other people's life with your activities!

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I would say when you have a business that keeps generating cash (profit) or inherit cash or earn more than your need for yur basic survival (needs)

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I would say when you have a business that keeps generating cash (profit) more than your need for yur basic survival (needs)

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think this should be close to it.cos ur assets usually will be urs afta removing all liabilities

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The dictionary defines ones as when you have 1million worth of assets.

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What i can say about it is that if you are saying you are are broke you must have up to A Million Naira in your Account and the money must be yours.

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When you dont know how much you re worth, and buy things without asking for there price. and have leaque of millionaires who re you friends whom you have made millionaires like yourself.

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I guess it's when you have a million in the bank which you could easily do without.

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@topic

when u go over the 1million mark.

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i think u are a milionaire the day u give out a million to a cause you believe strongly in; maybe the Gospel or Charity.

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