Who are the "millionaires and billionaires" Obama talks about?

What is the President driving at when he talks about "millionaires and billionaires"? He doesn't describe them, which raises the question of what mental image he's trying to call up? One familiar picture is a retired man sitting on a 100-foot yacht smoking a cigar and sipping a martini. But suppose he's the CEO of a large corporation and involved in high-value decisions like what mergers to make, what new product lines to open and whether to expand the production facilities. These decisions all have major implications for employment, so you might not want to interfere with him too much if your focus is on "jobs, jobs, jobs." You only hope he's making the decisions intelligently!