«Home

What Defines A Millionaire?

To you what defines a millionaire? some one who has 1,000,000 in the bank or someone who has a big house worth millions, how do you guage it?

Avatar
Newbie
11 answers

a millionaire is one whose asset are worth 1mii dollars not naira,that is how they measure worlds richest people,so dont make the mistake of calling a dude who has 1million naira a millionaire remember that is just 128000 dollars

0
Avatar
Newbie

You are a millionaire when you impact someone else positively, give a new meaning to someone to be someone. Money/currency is not what makes you a millionaire. a millionaire dat have not affected someone else is the poorest person.

0
Avatar
Newbie

See also: At What Point Are You A Millionaire?

0
Avatar
Newbie

No man can ever be richer than the richness of his thoughts.becoming a millionaire start s from the mind.the mind goes first.every other factor comes right behind.what you think consistently, you will see eventually.there may be few exceptions though.

Using global economic indices, you are not yet a millionaire until you assets are worth over a million dollars.

0
Avatar
Newbie

remember the days when a chewing gum in ghana was 1,000,000cedis, everyone was a millionaire,

but bringing their currencies to naija, u would be nothing close to being a millionaire.

the strength of any material is in it's universal appeal

0
Avatar
Newbie

You are already a millionaire if you can visualise how to make a million.

0
Avatar
Newbie

@ALL,

i think the issue of currency reference should not come up. if you are a nigerian, your reference currency is naira!!! if you live inanother country and conduct ur business in that country, you should work with the currency of that country, more often than not, by the time you achieve millionaire status in that country, you are already a millionaire in naira terms.

to define a millionaire, your networth (the fair value of what you own less the fair value of what you owe) should consistently be more than 1 million over a period of time.

anytime your networth falls below that 1 million mark, you stop being a millionaire until you turn things around again.

0
Avatar
Newbie

A millionaire is a person that makes a million a month with a potential to continue to make it into the long term future.

We are in the phase of switching this potential to dollars!!!!!

Laugh if you can!

0
Avatar
Newbie

Dollars or Naira value?

0
Avatar
Newbie

To many, having a green bank account makes them a millionaire

But to me, once u have an archrived goal and sertisfied mind i say u are a millionaire.

Cos its one thing to have the money and its another thing to spend it.

0
Avatar
Newbie
Your answer
Add image

By posting your answer, you agree to the privacy policy and terms of service.