An individual with a high net worth consisting mainly of securities and other financial holdings that have been bid up to unusual price levels. While the value of these holdings is technically part of the individual's net worth, the money cannot be considered "in the bank" unless the holdings are successfully sold while high prices are in effect.
Related information about millionaire on paper:
- Millionaire On Paper: Definition from Answers.com
Individual whose assets exceed $1 million but are not in the form of cash. For example, the assets could be in the form of securities or real estate.
- What is millionaire on paper? definition and meaning
Definition of millionaire on paper: An individual with a high net worth consisting mainly of securities and other financial holdings that have been bid up to ...
- Manhattan's Millionaires-on-Paper (May Be Mostly In Brooklyn ...
Aug 4, 2010... makes someone a millionaire on paper. The number one marker in New York City of this semi-mythical, marvelous status is home ownership.
- Former millionairess forced to move into her sister's - Daily Mail
Jun 15, 2011 ... I do feel sorry for her BUT she was only a millionaire on paper. It seems she lived beyond her means and most of her assets were purchased on ...
- How Do I Become a Millionaire?
One way to become a millionaire on paper is to purchase assets, such as real estate, that appreciate in value, or start a successful business. Saving up one ...
- There are Almost 1 Million Accidental Millionaires in the US (Free ...
May 24, 2007 ... It's no good to be a millionaire on paper if you have to take aout a HELOC to pay credit cards and other bills. Posted by: Patrick | May 25, 2007 ...
- IAmA Successful C-List Silicon Valley Entrepreneur (paper - Reddit
Apr 14, 2012 ... how do tax laws work for someone in your situation? Since you are a millionaire on paper, but in reality you're probably far from it? permalink ...
- millionaire - definition of millionaire by the Free Online Dictionary ...
Millionaire on Paper · Millionaire Real Estate Agent · Millionaire Real Estate Investor · Millionaire Women Next Door · Millionaire's Real Estate Investment Club ...