A millionaire is an individual whose net worth or wealth is equal to or exceeds one million units of currency, typically in cash or liquid assets. This term commonly refers to assets like money, stocks, and real estate, and it is often used to indicate a high level of financial success or stability. The threshold of one million can vary based on the currency in question and the economic context. Millionaires can be self-made entrepreneurs, investors, or individuals who have inherited wealth. The title is often associated with a certain lifestyle that includes luxury possessions, travel, and leisure activities, although not all millionaires fit this stereotype. The designation of millionaire is often perceived as a significant financial milestone, reflecting both personal accomplishment and societal status.
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