Is 100 million yen considered a wealthy person in Japan?

As for the Japanese yen exchange rate as of February 26, 2024, 1 yen is equal to 0.0478 yuan, while 100 million yen is equal to 4.78 million yuan. Japan is an economically developed and living country. In high-level countries, people's income and consumption levels are relatively high, so 100 million yen does not guarantee that a person can live a rich life. In Japan, the wealth of wealthy families or entrepreneurs is as high as billions or even tens of millions. Ten billion yen, so 100 million yen is not considered wealthy in Japan. The Japanese yen is the name of Japan's monetary unit. It was created on May 1, 1871. It is often used as a reserve currency after the US dollar and the euro. From the birth of the Japanese yen in 1871 to the issuance of the new Japanese currency in 1984, the government was printed on banknotes. For example, the portrait of Empress Jinko was printed on the banknotes issued in 1881. Later, the portrait of Prince Shotoku was on the 10,000 yen and 5,000 yen banknotes, and the portrait of Hirobumi Ito was on the 1,000 yen banknotes to symbolize the imperial power. and government authority.