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The original meaning of billion, established in the 15th century, was a million of a million (1,000,000 to the power of 2, hence the name billion), or 10 to the power of 12 = 1 000 000 000 000.
First consider a million: 1  One million is a thousand thousands. 2  One million is a 1 with six zeros after it, denoted by 1,000,000. 3  One million seconds is about 11 and a half days. 4  One million pennies stacked on top of each other would make a tower nearly a mile high. 5  If you earn $45,000 a year, it would take 22 years to amass a fortune of one 6  ... Oneillions. Next up is one billion: 1  One billion is a thousand millions. 2  One billion is a 1 with nine zeros after it, denoted by 1,000,000,000. 3  One billion seconds is about 31 and a half years.