What Is a Decamillionaire?

What Is a Decamillionaire?

By Cassidy Horton  Updated on December 29, 2021

 Reviewed by Somer G. Anderson

Anyone with a net worth of at least $10 million is considered a decamillionaire. Because the word “millionaire” is such a broad term, people often use “decamillionaire” instead to describe exactly how much wealth someone has.

Someone with a net worth of $10 million to $99.99 million is considered a decamillionaire. Because the word “millionaire” is such a broad term, people often use “decamillionaire” instead to describe exactly how much wealth someone has.

Here’s a closer look at what it means to be a decamillionaire and how it works.

Definition and Examples of a Decamillionaire

A decamillionaire is someone with $10 million to $99.99 million in net worth. The word is a combination of “deca” or “deka,” meaning “10” in Greek, and “millionaire,” meaning anyone with at least $1 million in net worth. Therefore, a decamillionaire is anyone with a net worth of at least $10 million.12

The term doesn’t just apply to those with $10 million in U.S. dollars, either. It refers to anyone who has a net worth of at least 10 million in any currency. So, if you have 10 million in British pounds or 10 million in euros, you’re also a decamillionaire.

How a Being a Decamillionaire Works

Oftentimes, using the word “millionaire” alone doesn’t paint an accurate picture of someone’s wealth. Do they have $1 million? $10 million? $100 million? There’s a sizable difference between those amounts. Therefore, people use terms like “decamillionaire” to further classify how much wealth someone has.

But decamillionaire isn’t the only subclassification used to describe the size of someone’s wealth. This chart breaks down other common categories people use:

Classification                      Net Worth

Millionaire                       At least $1 million

Pentamillionaire               At least $5 million

Decamillionaire                At least $10 million

Hectomillionaire              At least $100 million

Billionaire                       At least $1 billion

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