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by anon7429 2814 days ago
Secretive? Hardly. Any deca-/centimillionaire can point you toward good tax accountants whose job it is to minimize their client's tax burden within a certain gray zone. For more wholesale tax avoidance, putting it in non-self-destructing art would be far better than hiding it in gems or unstable cryptocurrencies.
2 comments

A centimillionaire is someone with assets of $10k. Perhaps you meant a hectamillionaire ($100M).
Depending on the word, The centi- prefix can mean multiply by 100 instead of divide by 100.

The popularity of "centimillionaire" to mean $100 million is reflected in Google's top results.[1] Merriam-Webster dictionary, Wikipedia, and Forbes all mention centimillionaire as $100 million.

Likewise, "centipede" means a creature with ~100 feet (even though no species actually has exactly 100 feet).

Language usage is ultimately dictated by popularity instead of "correct" scientific prefix rules and it looks like "hectamillionaire" is not the widespread choice to label 10^8 dollars.[2]

[1] 18000 results for "centimillionaire": https://www.google.com/search?q=centimillionaire

[2] only 1880 results for "hectamillionaire": "https://www.google.com/search?q=hectamillionaire

Thanks for this, I'm very much going to enjoy going around telling people that I'm a multi-centi-millionaire.
Someone with assets of $10k would be a decathousandaire.
I would suggest that their world is more secretive than their practices, They like to stay unknown.