In Indian rupees, 1 trillion is equal to 1 lakh crores.
Crore refers to a number in the Indian system, whereas trillion refers to a number in the International number system. 1 crore is equal to 10 million (1,00,00,000), and 1 trillion is equal to 1 million million or 1,000 billion (1,00,00,00,00,000).
Ten thousand $100 bills equals $1 million (10,000 x $100 = $1,000,000).
If you stacked $100 bills totaling $1 trillion on top of each other, the stack would be 631 miles high. This is what $1 trillion in spending look like. Kathy Hess and 65 others like this.
One trillion dollars would stretch nearly from the earth to the sun. It would take a military jet flying at the speed of sound, reeling out a roll of dollar bills behind it, 14 years before it reeled out one trillion dollar bills.
A trillionaire is an individual with a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency, such as the euro or the British pound. Currently, no one has yet claimed trillionaire status, although some of the world's richest individuals may only be a few years away from this milestone.
Finally, how long would it take to spend each amount? If you spent $40 per second, around the clock, it would take you 289 days to exhaust a billion dollars. If you did the same thing with a trillion dollars, it would take you 792.5 years to go broke.
In our last blog, we discussed that we go from a million to a billion and then to a trillion. Now, after a trillion, there comes a number known as quadrillion, and then we have other numbers following it. These numbers are quintillion, sextillion, septillion, octillion, nonillion, and decillion.
To pay back one billion dollars, at a rate of one dollar per second, would take you 32 years. To pay back one trillion dollars, at a rate of one dollar per second, would take you 31,688 years. The median American household income is about $50,000 per year. That translates to less than one tenth of one cent per second.
(The United States has never issued a million dollar bill. However, many businesses print million dollar bills for sale as novelties. Such bills do not assert that they are legal tender. The Secret Service has declared them legal to print or own and does not consider them counterfeit.)
American paper currency comes in seven denominations: $1, $2, $5, $10, $20, $50, and $100. The United States no longer issues bills in larger denominations, such as $500, $1,000, $5,000, and $10,000 bills. But they are still legal tender and may still be in circulation.
We write 7 million as 7,000,000. We write 7 billion as 7,000,000,000.
One trillion equals a thousand billions, or million millions. 1 trillion consists of 1 followed by 12 zeros, that is, 1, 000, 000,000, 000 and can be written as 1012 (ten to the twelfth power). It takes about 32,000 years to finish 1 trillion seconds.
After a billion, of course, is trillion. Then comes quadrillion, quintrillion, sextillion, septillion, octillion, nonillion, and decillion.
Zillion sounds like an actual number because of its similarity to billion, million, and trillion, and it is modeled on these real numerical values. However, like its cousin jillion, zillion is an informal way to talk about a number that's enormous but indefinite.
A Googolplexian is a number with 10100 zeroes. Whilst larger numbers can be imagined, the Googolplexian is the largest number that could be found in the dictionary. The search engine Google adopted the term googol (with a few creative changes) for its name to represent the vast amount of information it has available.
Googolplex. The Googolplex is 10googol or 1010^100. Essentially, it's 10 to the power of googol.
You may have noticed that "zillion" is not on here. Zillion is not actually a real number; it's simply a term used to refer to an undetermined but extremely large quantity.
In $100 bills: $1 Million would fill a briefcase. $1 Billion would fit on ten standard pallets. $1 Trillion would cover a football field to a depth of 7 feet.
If someone then gave you a billion dollars and you spent $1,000 each day, you would be spending for about 2,740 years before you went broke.
Can you count to a trillion in lifetime? No. At rate of 1 number per second, it might be possible to count to 31.5 million in a year. At this rate it would take 32000 years to count to one trillion.
Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world. According to Forbes, Arnault has a fortune of $234.5 billion.
The richest family in the world, the Saud family of Saudi Arabia, is also the only family that's worth more than a trillion dollars.
Funds and stocks are the bread-and-butter of investment portfolios. Billionaires use these investments to ensure their money grows steadily. Billionaires typically hold onto these investments, instead of trying to time the market for a quick buck.