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billionaire
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thumb|Standard Oil Company|Standard Oil founder [[John D. Rockefeller became the first billionaire in 1916.]] A billionaire is a person whose net worth is at least one billion units of a given currency, typically USD. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed billionaire in 1916.
~10 min read
Encyclopedic overview
9 sectionsContents
- Current U.S. dollar billionaires
- Education and work experience
- Inequality
- Public perception
- Statistics
- See also
- References
- Further reading
- External links
thumb|Standard Oil Company|Standard Oil founder [[John D. Rockefeller became the first billionaire in 1916.]] A billionaire is a person whose net worth is at least one billion units of a given currency, typically USD. It is a sub-category of the concept of the ultra high-net-worth individual. The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed billionaire in 1916.
Nineteen individuals had attained the status of centibillionaires, each with a net worth of at least $100 billion, as of January 2026. there are 3028 billionaires worldwide, with a combined wealth of over $16.1 trillion, up nearly $2 trillion over 2024.
Excerpted from Wikipedia’s “billionaire” article, available under the CC BY-SA 4.0 licence.