The magazine said the number of billionaires worldwide increased by 102 people in 2006 to 793, a record number, largely due to bullish global stock markets. Their total net worth jumped 18 percent to $2.6 trillion.

Based on that paragraph can we conclude that this sentence is true?
The magazine said the number of billionaires worldwide increased by 102 people in 2006 to 793. Billionaire means that the person has less than 999,000,000.
No