A billion is 1,000,000,000 . ... If you have a billion dollars, you’re very rich: a billionaire. Money spent by the government is often measured in billions. In England, this word often refers to a different number: 1,000,000,000,000, or one million millions.
How do you explain how much a billion dollars is?
The USA meaning of a billion is a thousand million , or one followed by nine noughts (1,000,000,000). Increasingly in this country we are using the USA meaning of a billion for these big numbers, and a trillion for the old UK meaning of one followed by twelve noughts.
How would you explain million or billion?
A million is 10 6 , or 1,000,000 . A billion is one thousand million, or 1,000,000,000 (10 9 ). This is the common usage in English-speaking countries and is called the short scale.
How much is a billion dollars in perspective?
Tim Burgess on Twitter: “Just to put a billion into perspective: 1 million seconds is about 11 days. 1 billion seconds is over 31 years “
Why do people say million billion?
The original meaning of billion, established in the 15th century, was “ a million of a million” (1,000,000 to the power of 2, hence the name billion), or 10 to the power of 12 = 1 000 000 000 000. ... Incidentally, the American billion is 1,000,000,000, rather than 100,000,000.
What Can billion dollars buy?
With $1 billion, you could have your pick of Boeing commercial planes , worth anywhere from $89.1. 4 million to $442.2 million. Might as well buy a few. One for each continent?
Can you spend a billion dollars in a lifetime?
You could spend $5,000 a day for more than 500 years before you would run out of money. Breaking it down even farther, it means you would have to spend over $100,000 every day for the next 25 years in order to spend one billion dollars.
How many Trillionaires are there in the world?
As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$ 9.1 trillion, up from US$7.67 trillion in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as “half the human race”.
What can Jeff Bezos buy?
Jeff Bezos can do a lot with a $192 billion net worth. Here is a list of some fun stuff he could buy for himself: He could buy every NBA, NFL, and MLB team three times based on an average cost of $2 billion per team. He could also buy every NHL team ten times.
How long would it take you to count to a trillion?
But how long to get to one trillion? A trillion is a thousand billion. So you’d need to be counting for 31.7 thousand years ! To count one trillion dollars, one dollar per second, would take 31,688 years!
How many zeros are in a gazillion?
Therefore a Gazillion has (28819 x 3) zeros and a Gazillion is...
What is a true billion?
A billion is a number with two distinct definitions: 1,000,000,000, i.e. one thousand million , or 10 9 (ten to the ninth power), as defined on the short scale. This is now the meaning in all English dialects. 1,000,000,000,000, i.e. one million million, or 10 12 (ten to the twelfth power), as defined on the long scale.
Can you spend a million dollars in a lifetime?
If you’re one of the lucky few who beats the average lifespan, you might need more than $1 million to last throughout retirement . According to the Centers for Disease Control and Prevention (CDC), the average life expectancy in the U.S. is 78.7 years.
How long would it take to spend a billion dollars at 1 million dollars a day?
Imagine someone gave you a million dollars and told you to spend $1,000 every day and come back when you ran out of money. You would return, with no money left, in three years. If someone then gave you a billion dollars and you spent $1,000 each day, you would be spending for about 2,740 years before you went broke.
