You will be given a definition of a task first, then some input of the task.
In this task, you are presented with a term, a question, and a yes/no answer. For context, the term is associated with a short description. Write the simple facts one needs to know in order to answer the given question. The facts should be easily found on the web (e.g. mentioned in a Wikipedia page)

Term: Billionaire, Description: person who has a net worth of at least one billion (1,000,000,000) units of a given currency, Question: Would a 900,000 pound net worth person be an American billionaire if they exchange currency June 2020?, Answer:Yes
Output:
Fact1: The exchange rate in June of 2020 between dollars and pounds is 1 Euro= 1.23 dollar. Fact2: 900000 pounds is equal to about 1,107,000.00 