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1 Billion VS 1 Million Dollars Is A HUGE Difference

Comparing 1 billion vs 1 million seems like one is a lot and the other is a little more. But I don’t think people realize just how much LESS 1 million compared to 1 billion really is.

This makes us lump everyone who’s rich into the same category of “filthy rich”. But, some people are disturbingly rich.

Scales weighing money. Title: 1 Billion vs 1 Million dollars

The Difference Between A Million And A Billion

1 Billion dollars is 1000 times more than a million dollars. Think about it! It’s a ratio of 1:1000. If that doesn’t help you see the huge difference, here are some more comparisons.

1 billion dollars is a 10 figure number, while 1 million is 7 figures

If someone made one million dollars a year, they would make about $480.77 per hour and $3,846.15 per day.

On the other hand, making a billion dollars per year would mean about $480,769 per hour and $3,846,153.85 per day.

Related Reading: 50 Millionaire Quotes To Motivate You

1 Million seconds in days= 11.57 Days

1 Billion seconds in days= 11574.07 Days (31.7 years)

Bags of money showing a 1 Billion vs 1 Million Visual

Holy smokes that’s a whole lot of moolah!

Written Form

  • One Billion Dollars
  • One Million Dollars

Standard Form

  • 1,000,000,000= 1 Billion
  • 1,000,000= 1 Million

Exponential Form

  • 109= 1 Billion
  • 106= 1 Million

Scientific Notation

  • 1 x 109= 1 Billion
  • 1 x 106= 1 Million

Billionaires in the World

According to the Forbes list of billionaires in real-time, there are 2,697 people around the world with at least 1,000,000,000 dollars. Among those, here are the top ten richest people in the world:

  1. Elon Musk: $292.6 B
  2. Jeff Bezos: $195.9 B
  3. Bernard Arnault & family: $190.8 B
  4. Bill Gates: $137.4 B
  5. Larry Ellison: $130.0 B
  6. Larry Page: $126.2 B
  7. Sergey Brin: $121.6 B
  8. Mark Zuckerberg: $115.8 B
  9. Steve Ballmer: $104.6 B
  10. Warren Buffett: $104.4 B

Combined, the 10 richest people have 1,519.3 billion dollars. In comparison, there are over 7.9 B people on Earth. That’s enough to give each person $192.30

Related Reading: The Billion Dollar Morning Routine Of Real Billionaires

The richest person in the world: Elon Musk ($292.6 B)

The richest woman in the world: Francoise Bettencourt Meyers & family ($90.8 B)

***Accurate as of Oct. 2021

FAQ

How many millions is 1 billion?

1,000 million equals 1 billion.

What is the difference between million and billion?

A billion dollars is a thousand times greater than a million. A billion also has 9 zeros behind the 1, while a million has 6 zeros behind the 1.

How long to make a million vs a billion?

Making $15 per hour ($31,200 per year) it would take about 31 years to make 1 million dollars and 32,051 years to make 1 billion dollars. That’s without subtracting living expenses!