centibillionaire
/ˌsɛntɪˌbɪljənˈɛər/
Definition
An individual whose personal net worth is at least 100 billion units of a currency, typically US dollars.
Etymology
The word is a hybrid construction derived from the Latin 'centi-' (meaning 'hundred') combined with 'billionaire,' referring to someone who possesses a fortune of at least one hundred billion. It emerged in modern financial vernacular to describe the unprecedented rise of super-wealth among top tech magnates.
In the news
The article uses the term to highlight that the world's wealthiest individuals possess enough capital to single-handedly fund massive, multi-billion dollar scientific projects like space telescopes. It illustrates the immense disparity between private extreme wealth and standard government research budgets.
10 Philanthropic Funders Powering Space Science
Read the full article ↗Inside Philanthropy