Well,i really want to know at what point you can say 'am a millionaire'.is it when ur net worth is above a million or when u earn above a million in a year.cos if u earn about a million a year it doesnt necessarily make u a millionaire.or is it your bank balance that determines it.

When you dont know how much you re worth, and buy things without asking for there price. and have leaque of millionaires who re you friends whom you have made millionaires like yourself.

What i can say about it is that if you are saying you are are broke you must have up to A Million Naira in your Account and the money must be yours.

The dictionary defines ones as when you have 1million worth of assets.

LondonCool:

The dictionary defines ones as when you have 1million worth of assets.

think this should be close to it.cos ur assets usually will be urs afta removing all liabilities

well do u see politician who steal our money are millionaire or someone who do one bad or the other to enrich them self millions of naira are maillionaire, i dont think so.Anybody that has rest of mind and peace.A millionaire is someone who do legit business,and make more than 1 million for himself to his bank account or his possession.if u steal trillion it is not ur money because it is not ur sweat

@topic
when u go over the 1million mark.

I would say when you have a business that keeps generating cash (profit) more than your need for yur basic survival (needs)

I would say when you have a business that keeps generating cash (profit) or inherit cash or earn more than your need for yur basic survival (needs)

you become a millionaire when you arte able to add value to other people's life with your activities!

London cool is right.Its a measure of ur net assets value.This can be physical assets or stocks.

jmichael90:

well do u see politician who steal our money are millionaire or someone who do one bad or the other to enrich them self millions of naira are maillionaire, i don't think so.Anybody that has rest of mind and peace.A millionaire is someone who do legit business,and make more than 1 million for himself to his bank account or his possession.if u steal trillion it is not your money because it is not your sweat

well,when rating are made abt rich people,politicians are not counted but industrialists.

akanze:

you become a millionaire when you arte able to add value to other people's life with your activities!

how do u value 'the values' u have added to other peoples lives uh.abeg.while u may think u have added value to somebodies live the person in question may think otherwise,so aint got a point.

Simple when ur net worth is worth millions + a sustainable passive income

tmoni--- GBP millonaire in the making

I don't think you can call yourself a millionaire for having just N1m of assets, so if next month you sell N20 naira assets you fall back to thousandnaire . People who call themselves millionaire have multiples of million.

Forget millionaire, the way people talk about million these days I remember when the common slang was men I made 20 Gees, 10 Gees these days it's I made 2 EM, 5 EM, million no get value.

I think the right question now is "at what point are you a Billionaire"

dollyp1cute:

I don't think you can call yourself a millionaire for having just N1m of assets, so if next month you sell N20 naira assets you fall back to thousandnaire . People who call themselves millionaire have multiples of million.

Forget millionaire, the way people talk about million these days I remember when the common slang was men I made 20 Gees, 10 Gees these days it's I made 2 EM, 5 EM, million no get value.

I think the right question now is "at what point are you a Billionaire"

well hw amny billionaires do we have in naija!less than 2% of the population.think its even lower sef.

N1, 000, 000 is less than $10, 000.
And even if you have N3, 000, 000, that would be less than $30, 000. And to me, anyone with less than $1, 000, 000, is not a millionaire.

A fellow American blogger makes $5, 000 daily from adverts on his political blog. And that is my target as a professional blogger. And that means I want to make $150, 000 monthly from blogging alone. And to make over $1, 000, 000 in a year, then I can claim to be a millionaire.

Let us use the global standard to measure our worth.

Aim to be a millionaire in US Dollars or British Pounds and not in Naira.

Orikinla:

N1, 000, 000 is less than $10, 000.
And even if you have N3, 000, 000, that would be less than $30, 000. And to me, anyone with less than $1, 000, 000, is not a millionaire.

A fellow American blogger makes $5, 000 daily from adverts on his political blog. And that is my target as a professional blogger. And that means I want to make $150, 000 monthly from blogging alone. And to make over $1, 000, 000 in a year, then I can claim to be a millionaire.

Let us use the global standard to measure our worth.

Aim to be a millionaire in US Dollars or British Pounds and not in Naira.

I totally agree with Orikinla. In my own view, you're not a millionaire until you can measure it in dollars, net worth mind you.

dollyp1cute:

I don't think you can call yourself a millionaire for having just N1m of assets, so if next month you sell N20 naira assets you fall back to thousandnaire . People who call themselves millionaire have multiples of million.

Forget millionaire, the way people talk about million these days I remember when the common slang was men I made 20 Gees, 10 Gees these days it's I made 2 EM, 5 EM, million no get value.

I think the right question now is "at what point are you a Billionaire"

Well look at it from the above point of view and let us keep talking in millions yet.

you are millionnaire when your standard of living is not compromised no matter where you are in the worrld. The way you live in Nigeria, is the same way you live in any country you visit in the whole wide world. Whether you are in New york, london, hong kong you do not lower your standard.

The country where you live matters a great deal. In Naija, if your net assets is more than N1m, you are indeed a millionaire. In yth US the net assets benchmark would then be $1m and so on.

GOOD CONTRIBUTION SO FAR OUR GOOD NIGER THINKER BUT I HAVE ONE GOOD QUESTION,WHICH ANYONE WHO SUCCESFULLY ANSWER WILL BREAK ITS BONE.
NOW,
HOW MANY OF US WORK TOWARD ACHIEVING MILLION?
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 YOU KNOW WHAT, YOU DONT NEED TO HAVE ONE MILLION TO MAKE MILLIONS! IF THIS IS YOUR BELIEVE, YOU BETTER CHANGE YOUR ATTITUDE IT MAY IMPRISIONED FOR LIFE IN THE SCHOOL OF IMPOSSIBILITIES!
YOU NEED TO WORK UPON YOURSELF,GET GOOD IDEA,CREATIVITIES WILL BE NEEDED AND GOOD TUTOR!
IF ANYMAN HAS EAR LET HIM OR HER HEAR WHAT I AM SAYING TO THE NIGERIAN!
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thanks

It when you think less of your self than others and how you impacted words of wisdom and knowledge to the little ones and the people around you, that what make you a millionaire.

at the point where u can invest one million without the fear of the risk of loosing it

Re: At What Point Are You A Millionaire?

When you have reach the maximum point thats the Apex in Earning!!

No body earn as you?

Then i will say you re a millionaire Or

When you won in the Nigerian TV Show!!

Who Want to be a Millionaire!!!

I guess u understand the simplicity of this content?

Elgaxton:

at the point where u can invest one million without the fear of the risk of loosing it

i like ur quot Elgaxton

dollyp1cute:

I don't think you can call yourself a millionaire for having just N1m of assets, so if next month you sell N20 naira assets you fall back to thousandnaire . People who call themselves millionaire have multiples of million.

Forget millionaire, the way people talk about million these days I remember when the common slang was men I made 20 Gees, 10 Gees these days it's I made 2 EM, 5 EM, million no get value.

I think the right question now is "at what point are you a Billionaire"

Even if a million naira 'no get value' as you put it, i think we should stick to the dictionary definition and stop thinking in such a shallow manner. When Nigerians realize that it doesn't devalue YOU/THEM is many other people are at your level, we'll move forward.

IF PRESIDENT YARADUA HAD NOT STOPPED REDENOMINATION/REDECIMALIZATION AS PROPOSED BY SOLUDO .MANY PRESENT NIGERIAN MILLIONAIRES WOULD HAVE BECOME FORMER MILLIONAIRES.
I BELIEVE THE EGO LIKES TO BE MASSAGED.SOLUDOS PLAN WOULD REDUCED NIGERIANS "I GET MONEY EGO" AS MUCH AS IT WOULD HAVE REDUCED THE QUANTUM OF NAIRA WE WOULD CARRY ABOUT.
YOU ARE A NIGERIAN MILLIONAIRE WHEN YOUR NET WORTH ,LESS WHAT YOU WILL SPEND IN A MEDIUM RUN ,IS MORE THAN 1 MILLION NAIRA. A NIGERIAN MILLIOAIRE WHOSE NET WORTH IS LESS THAN N130MILLION NAIRA IS NOT A DOLLAR DENOMINATED MILLIONARE.
MANY NIGERIANS WILL BE MILLIONAIRES IN ZIMBABWEAN DOLLARS!

My take is that you are a millionaire when your annual net worth is in excess of one million dollars

2 loafs of bogan costs a million in Zimbabwe.
You've got to be a 'millionaire' to breathe over there!

International business is done in $, so I guess you're a millionaire if you've got assets worth a million $.
Having said that, we'll break a mill $ assets to coins in the UK

when you are able to add value to peoples life.