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Actually billionaires are a new thing. There were like 2 of them in 1992. Now there's what, over 15? I forget.
Because of inflation and such, but the important aspect of them is being super rich compared to everyone else (hence we don't count people that have a billion of some much less valuable currency), and that's a very old problem.
The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.
Edit: Five years after the introduction of the Forbes 400 List, the magazine launched its famous World Billionaires round-up. Forbes highlighted a total of 140 billionaires in 1987, including 96 outside of the US, which means that between 1982 and 1987 the number of American individuals with 10-figure-plus fortunes grew from 15 to 44.