No. 18: Singapore
Population: 5.1 million
2009 number of millionaire households: 122,697
Percentage increase: 35.4 percent YOY
Share of country’s wealth held by millionaire households: 53 percent
The chances of running into a millionaire are high in Singapore, which had the world’s greatest density of millionaires, who represented 11.4 percent of total households in 2009. They controlled 53 percent of the country’s wealth. Singapore’s economy shrank 2.1 percent last year but has improved, growing 13.1 percent year-on-year in the first quarter of 2010.
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On 23 Jul 2010, Singapore Pools may help to add 1 or more new millioniare into this list.
Here’s what to expect for the T-bill auction on 27 Feb
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What happened? Despite the fall in T-bill yields, many investors still seem
to be watching the upcoming auction closely. After all, some may be hoping
th...
3 hours ago
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