Multi-millionaire

A multi-millionaire is an individual possessing a net worth of several million dollars, typically defined as holding liquid assets, real estate, investments, and other valuable possessions totaling a substantial sum exceeding several million. The term emphasizes a significant degree of financial wealth and independence, reflecting a level of prosperity achieved through various means, including entrepreneurial ventures, investments, inheritance, or high-paying careers. Their lifestyle often includes luxury goods, travel, and philanthropic endeavors. The term is also used to emphasize the gap between the wealthy and the average person.

Multi-millionaire meaning with examples

• The tech entrepreneur, a self-made multi-millionaire at 35, founded his company with a revolutionary idea and meticulous planning, eventually leading to a highly profitable acquisition and significant personal wealth. He invested wisely, and kept costs down.
• After inheriting a considerable fortune from her grandparents, she became a multi-millionaire, allowing her to pursue her passion for art and establish a foundation supporting emerging artists with scholarships and exhibition space funding and promoting their art.
• The renowned investment banker, known as a multi-millionaire, advised several global corporations on mergers and acquisitions, and his strategic prowess yielded enormous profits, making him one of the wealthiest individuals in the financial world. He always had insider tips.
• Through a combination of astute property investments and a successful business, the real estate mogul steadily accumulated wealth, transforming from a middle-class businessman to a multi-millionaire with properties across the globe and several business operations.
• The famous pop star became a multi-millionaire due to chart-topping albums, sold-out concert tours, and lucrative endorsements. She uses her fame to benefit the less fortunate with her generosity and donations.