Is there a .NET library to format large numbers as text?

I am looking for a library that can take a number, for example 1,000,000,000, and output a partial textual representation, for example. 1 billion- but (preferably) in an already localized order. (So, if the culture was not English, we would get an appropriate textual representation.)

Is there such a thing?

He should be able to do

1,000,000 -> 1 million
56,243,152 -> 56 million

I know that I ask a lot - but it would be painful to reinvent something for this.

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