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HECTOMI

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Definitions of hectomi in various dictionaries:

HECTOMI - Centimillionaire (or centomillionaire) is an individual with net assets of US$100 million or more. A synonymous term is hectomillionaire. In terms of...

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Hectomi might refer to
Centimillionaire (or centomillionaire) is an individual with net assets of US$100 million or more. A synonymous term is hectomillionaire. In terms of the number of digits in the unit, it is in between decamillionaire and billionaire. The term hecto derives from French and in English multiplies the unit it is attached to by a hundred. The term centi derives from Latin and term centimillionaire has become synonymous with hectomillionaire in America, despite the centi- prefix meaning the one hundredth of a whole, not 100, in the metric system. Offshoots of the term include pent-hectomillionaire, referring to those who are halfway to becoming billionaires. The rising prevalence of people possessing ever increasing quantities of wealth has given rise to additional terms to further differentiate millionaires. A hectomillionaire has a net worth of more than 100 million units of currency. In discussions on wealth inequality in the United States, hectomillionaires are said to be in the richest 0.01%, prompting calls for a redistribution of wealth. In terms of their influence, hectomillionaires can be on par with billioniares in their ability to shape government policies. Although there are some developing and smaller countries, or provinces of larger and developed countries that do not have any billionaires, these places often have at least one centimillionaire.*

Hectomi might refer to

Centimillionaire (or centomillionaire) is an individual with net assets of US$100 million or more. A synonymous term is hectomillionaire. In terms of the number of digits in the unit, it is in between decamillionaire and billionaire. The term hecto derives from French and in English multiplies the unit it is attached to by a hundred. The term centi derives from Latin and term centimillionaire has become synonymous with hectomillionaire in America, despite the centi- prefix meaning the one hundredth of a whole, not 100, in the metric system. Offshoots of the term include pent-hectomillionaire, referring to those who are halfway to becoming billionaires. The rising prevalence of people possessing ever increasing quantities of wealth has given rise to additional terms to further differentiate millionaires. A hectomillionaire has a net worth of more than 100 million units of currency. In discussions on wealth inequality in the United States, hectomillionaires are said to be in the richest 0.01%, prompting calls for a redistribution of wealth. In terms of their influence, hectomillionaires can be on par with billioniares in their ability to shape government policies. Although there are some developing and smaller countries, or provinces of larger and developed countries that do not have any billionaires, these places often have at least one centimillionaire.*

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