What context can I use each word in?
Learn when and how to use these words with these examples!
millionaire
Example
He became a millionaire after selling his successful startup. [millionaire: noun]
Example
She inherited her fortune from her wealthy parents and became a millionaire overnight. [millionaire: adjective]
plutocrat
Example
The plutocrats of the country were able to sway the election in their favor with their vast resources. [plutocrats: noun]
Example
The government was accused of being controlled by a small group of wealthy plutocrats. [plutocrat: adjective]
Good things to know
Which word is more common?
Millionaire is a more common and widely used term than plutocrat. Millionaire is used in everyday language and covers a wide range of contexts, while plutocrat is more formal and less commonly used.
What’s the difference in the tone of formality between millionaire and plutocrat?
Plutocrat is a more formal term than millionaire and is often used in academic or political contexts. Millionaire is more versatile and can be used in both formal and informal settings.