What determines one to be a "millionaire" across many different countries?
Please bear with me having such a poor understanding about the general definition of being a millionaire, as the point of my question is not there, but is more like how one is recognized as a millionaire in many different countries and how they are seen when being in a foreign country.
My question is ... for example, if you are a millionaire in the U.S., that means you make 1 million dollars annually (let's go simple here as to the definition of what being a millionaire means). But if you are from a country where (let's say their currency is XXX) 1 USD is equivalent to 1000XXX, then, their millionaire (1,000,000XXX) is the same as someone earning $1000 annually. In this case, their millionaires have less financial assets than the U.S. counterparts?