The person who wrote this thought they'd be clever by using the SI prefix "centi", not realizing that it means one one-hundredth (as in "centimeter"). They should have used the prefix "hecto", which means one hundred.
Update: looked into this more and the "centi" part of the SI system comes from the Latin word "centum" which means 100, not 1/100. Definitely seems either usage is acceptable.
(They did the same for 1000 and 1/1000, deriving milli from Latin millum and kilo from Greek χίλιοι, but used Latin for both deca- and deci-, and used Greek for both giga- and micro. So far for consistency)
I don’t see how it follows that either usage is acceptable.
I always admired how simple, yet clever the SI prefix scheme is: use Roman numerals for sub-units (centi-, mili-), and Greek numerals for multiplies (deka-, hecto-, kilo-). Although I guess a century ago average well educated person was much more familiar with Latin and Greek languages.
I get the impression centimillionaire was a term invented so that journalists could make up headlines and stories that might seem relevant or interesting.
>The person who wrote this thought they'd be clever by using the SI prefix "centi", not realizing that it means one one-hundredth (as in "centimeter").
>In one year, Mr. Lay has been transformed from a centimillionaire with huge stock holdings to a multimillionaire whose wealth is mostly tied up in hard-to-sell assets.
It is because you are confusing an etymology (in 'centenary', 'centennial', 'centigrade'...) with a prefixing (in 'centimeter', 'centigram', 'centiliter'...).
I'm the person who submitted it. I thought it was interesting in part because it talks about some of the cities with a significant number of such people.
I'm a demographic outlier with zero social connections via HN. No one on HN routinely emails me, chats with me on the social platform formerly known as Twitter, meets me for coffee in person, etc.
So the only feedback I have is upvotes, downvotes, flags and comments and that's frequently difficult to decifer.
I submit things I think are interesting and accept that most of what I submit will be roundly ignored. But then this seems true for most submissions, so it's not a strong signal (shrug).
I have no idea why this got upvoted enough to briefly make the front page.
Which of my submissions does well and which doesn't frequently baffles me. I no longer waste a lot of time trying to figure it out.
My mapper mindset[1] can't let this pass. Corruption of the language like that creeps me out.
I've enjoyed the times I was a milli-millionaire in life, and I was a Centi-millionaire once when we paid for the house, but these days being a micro-millionaire is a treat.
A decade ago, we bought the cheapest house in a town with an awesome school district. Since then, prices have inflated. We were lucky.
In that decade our health declined, Long Covid took me out of the workforce. It's a luxury now to have even a few dollars that I don't have to spend on groceries. We're fortunate that we bought the cheapest house, instead of a nice house, or we'd be homeless.
... yet another site which displays ads if you hit "reject all"
There should be a browser extension to automatically submit gdpr reports for such sites
Displaying ads has nothing to do with GDPR. They can still display ads that aren’t targeted, they just can’t save your information for more targeted advertising.
Frankly, it's an obscenity that these people can hold so much wealth when there are millions of people who have to live hand to mouth on a daily basis out there. People working for these multimillionaires made all the profit for them. They must pay more in taxes to spread the wealth. Trickledown economics simply doesn't work and increases inequality.
The poor are only poor because the education system makes them dumb. If you read the law in America, you would never have to worry about money but unfortunately people only know what the oxford fictionary teaches
