No, it is 1 billion. Remember, you have kilo, mega then giga
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In math, there are 9 zeros in giga. Giga is part of the SI prefixes. Giga symbol is G. If giga were money it would means you have one billion dollars.
'giga...' = 109
"Giga" is a prefix used with different units. It means a billion (a thousand million). That's the exact value used in physics. If it refers to computer data (as in "GB" - gigabytes), it may mean 10243 instead, which is about 7% more than a billion.
Giga = 109 ie a billion
In computer Math, Giga is 2 raised to power of 30 bytes.