centibillionaire noun [C]
UK /ˌsen.tɪˌbɪl.jəˈneəʳ/ US /ˌsen.t̬ɪˌbɪl.jəˈner/
someone who has assets and investments worth at least 100 billion dollars, pounds, etc.
It took the dot-com bubble to create the first centibillionaire, Bill Gates, whose Microsoft shares briefly pushed him beyond 11 figures in 1999 before the crash chopped his net worth nearly in half. No one would come close for almost two decades … Jeff Bezos finally cracked the code anew in late 2017, becoming the second $100 billionaire when Amazon rocketed toward $1 trillion in market capitalization.
[forbes.com, 2 April 2024]
meme stock noun [C]
UK /ˈmiːm ˌstɒk/ US /ˈmiːm ˌstɑːk/
a share in a company that becomes popular with investors through social media
Many investors flock to meme stocks because they can realize substantial returns in a short period … Julio Bedolla, wealth manager at LourdMurray, explains some of the psychology that drives people to trade meme stocks: “Investors are drawn to meme stocks for several reasons; the biggest, in my opinion, is FOMO (fear of missing out) on the next ‘get rich quick’ trend.”
[money.usnews.com, 2 July 2024]
bag holder noun [C]
UK /ˈbæg həʊl.dəʳ/ US /ˈbæg hoʊl.dɚ/
an investor who owns shares in a company that have gradually lost all their value and are now worth nothing
Value investors who seek underpriced stocks run a high risk of becoming bag holders. They buy stocks that are out of favor in the market, believing their price will rebound. This means that they even invest in stocks that have declined in value significantly. In such cases, there’s always a chance that the market may know more than them, and the security price drops further.
[wallstreetmojo.com, 4 April 2024]