I am not a billionaire.

Wow, that's a lot of zeros.

I'm not a multi-millionaire.

I'm not a millionaire.

I'm just Bob.

But I do watch a lot of television and I do watch a lot of movies.

And when I watch some TV shows and some movies, there are billionaires and multi-millionaires.

Sometimes there are rich people, there are very wealthy people.

So in this English lesson, I thought I would teach you some English words and phrases that you would use to talk about those kinds of people,

the people who are billionaires, multi-millionaires and millionaires.

So let's start by talking about where a wealthy person might live.

One of the places where a wealthy person might live is in a penthouse.

A penthouse is an apartment located on the very top floor of an apartment building.

It's usually way bigger than all of the other apartments and a lot more expensive as well.

And it's just a great place to live.

I guess if you have lots of money, you probably have a great view of the city around you and you have a great space to live with lots of privacy.

Another place where a rich person might live is in a mansion.

A mansion is just a really, really big house.

This mansion is enormous.

I'm not sure how long it takes to clean every room in that mansion.

It's simply really, really big.

This person also has some very nice cars as well, but I'll talk about those in a little while.

And if I turn, you'll see there's also a, a helicopter here.

So anyways, a mansion is simply a really, really big house.

So the piece of property I'm standing on is right on the lake.

So we would call it lakefront property.

If that was an ocean, we would call this oceanfront property.

And wealthy people love to buy pieces of land like this so that they can build things like this.

Because this is a lake, we would call this a lake house.

So whoever owns that house decided that they wanted to live right on the lake.

So when they look out the back window of their house, they have this beautiful view of the water.

So it's a beautiful day out here by the lake.

Actually, I really like the sun hitting the water right there. That's pretty cool.

Anyways, I didn't come here to look at the sun.

I came here to point and say that a few 100 kilometers that way or maybe more, there are islands.

And if you were wealthy enough, you could buy one. You could own a private island.

A private island is an island where only you live, it's private.

It's just you that lives there.

You probably have a beautiful house on the private island.

But I'm not even sure what an island would cost.

Probably an enormous amount of money.

So there's a number of different kinds of vehicles that a wealthy or rich person might drive if they do drive themselves.

And one of those would be a sports car.

You might have a nice Corvette or you might have a really, really nice orange Mclaren like this one down here.

That is a very cool car.

I really like the color.

Or you might drive a Ferrari.

A sports car is a car that's designed to go fast. It's designed to be as fast as possible.

This is a pretty nice sports car right here.

The other kind of car that they might drive is called a luxury car.

A luxury car is designed to be comfortable.

So they might drive either a sports car because they want to go fast or a luxury car because they want to be comfortable.

Both types of car though are very, very expensive.

So normally when we talk about toys, we're talking about kids, but adults can also have toys and they look more like this.

So if you were to say, "Oh, that guy has a lot of toys."

It means that maybe he has a motorcycle, maybe he has a jet ski, maybe he has something like this old car on this side of the street.

So not just for kids, if you say that someone has a lot of toys, it means they have a lot of fun things.

Now, of course, the ultimate way to travel would be by private jet.

A private jet is a jet that you own, that you can use to go wherever you want whenever you want.

If I had a private jet, I could just decide to go to Paris France in a few hours, jump on my private jet and I would be there in no time.

So the ultimate way to travel if you have the money is to own a private jet and go wherever you want whenever you want.

Another common thing to own if you have a lot of disposable income.

By the way, disposable income refers to when you have extra money after you've paid for all your living expenses, you have more money and you don't know what to do with it,

we would call it disposable income.

But another thing that you might buy if you had a lot of money is you might buy a boat or you might buy a yacht.

So you might buy a boat like one of these nice boats.

These are very, very big boats, in my opinion, or you might buy a yacht.

Sorry, I can't show you a yacht.

I don't think there's enough wealthy people that live close to me.

This marina doesn't have any yachts, but it does have some really big boats.

When I go places I drive my trusty old minivan.

But if I was a wealthy person, I would probably have a driver.

I probably wouldn't drive myself.

A driver is someone who drives your vehicle for you and you get to ride in the back.

When they come to pick you up in the morning, they open the door and they say, "Please get in, sir. Where would you like to go?"

So I'm going to keep driving my own van.

But if I was wealthy, I could hire a driver.

When I work out, I come to the gym by myself.

I design my own workout plan and then I come and I lift weights.

A wealthy person though might have a personal trainer.

Come on, Bob, three more times. You can do it.

Ok. 123.

A personal trainer would design the workout plan for you, so you wouldn't have to think about it yourself.

So if I was wealthy, I could hire a personal trainer.

A rich person might also hire a personal chef to make their meals for them.

Their personal chef is someone who will make them breakfast, make them lunch, make them dinner, make anything that they want to eat, even some really cool snacks.

So a wealthy person might have enough money.

But they don't want to cook themselves and they might hire a personal chef.

So if you have lots of money, you have to keep it somewhere and you shouldn't keep it at home under your bed or in a safe, you should probably put it in a bank.

Now, this is true for normal people like us as well as millionaires and billionaires.

But millionaires and billionaires might use something called an investment bank.

An investment bank allows you to invest your money.

It allows you to buy stocks, it allows you to buy bonds and it allows you to earn a return on that investment.

So if you have lots of money, you should keep it safe in a bank.

If you want to make more money with your money, you should use an investment bank.

So another thing that someone might do with their money is buy an investment property.

An investment property would be something like these stores on this street.

You might buy these stores, you might own the building and then rent the building out to someone else.

I'm sure that many of these stores on this street are owned by wealthy people and they probably rent them out.

They've probably bought them as investment properties.

Well, thank you so much for watching this English lesson about how to talk about wealthy people.

Remember if this is your first time here, don't forget to click that red subscribe button,

give me a thumbs up if this video helped you learn a bit more English and leave a comment below.

I love to read them.

Have a great week. Bye.