IPA: /ˈʌltrəˌrɪtʃ/
KK: /ˈʌltrəˌrɪtʃ/
Someone who has a lot of money and is extremely wealthy.
The ultrarich often have access to exclusive events and luxury services.
Ultrarich → It is formed from "ultra-" (meaning beyond or extreme) and "rich" (from Old English "rice", meaning wealthy or powerful). The word "ultrarich" describes someone who is extremely wealthy, going beyond the usual level of richness.
Think of 'ultra-' meaning beyond, and 'rich' meaning wealthy — so ultrarich refers to someone who is beyond wealthy.
No commonly confused words.