What's the Difference between a Million and a Billion?

Most of us probably do not have a clear picture of how much more a billion is than a million. The following illustration is by way of Tim Lennox's blog 

Tim stated in his post, "The Million vs Billion quandary:"

I hear people treat a "Billion" as if it's the next logical number after one Million...similar to going from a dime to a dollar.
But a Billion is so much more than that. These graphics come from The MegaPenny Project, showing the relative size of a Million pennies and a Billion pennies....the website goes into much more detail than I will here. They say, for example, that only in the U.S. is the word "Billion" used...elsewhere they refer to it as a Thousand-Million.

And speaking of a billion, CBS Sunday Morning aired a segment in which an heir to the Disney fortune talks about the inequities between billionaire CEOs and the working class.

"The top 1%: Should wealth have its limits?"

 

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