SINGAPORE: The number of high net worth individuals
(HNWI) in Singapore grew by 4.5 per cent last year to about 105,000,
lagging the global growth rate of 15 per cent amid a tapering in the
city-state’s home prices.
This is according to latest figures from the annual World Wealth Report, released by Capgemini and RBC Wealth Management on Wednesday night in the US (June 19, Thursday morning, Singapore time). The report defines HNWI as someone with US$1 million or more in investable assets.
Capgemini and RBC said in a statement that improving economic and equity market performance helped add 1.76 million people to the global HNWI population in 2013, while the investable wealth of HNWIs grew by nearly 14 per cent to reach a record high of US$52.62 trillion.
The United States, Japan, Germany and China together accounted for nearly 60 per cent of the world's HNWI. North America's HNWI population expanded by 16 per cent to 4.33 million, while the Asia-Pacific region's grew by 17 per cent to reach 4.32 million.
Looking ahead, global HNWI wealth is forecast to reach a new high of US$64.3 trillion by 2016, representing 22 per cent growth from 2013 levels and approximately US$12 trillion in new wealth, Capgemini and RBC said.
This is according to latest figures from the annual World Wealth Report, released by Capgemini and RBC Wealth Management on Wednesday night in the US (June 19, Thursday morning, Singapore time). The report defines HNWI as someone with US$1 million or more in investable assets.
Capgemini and RBC said in a statement that improving economic and equity market performance helped add 1.76 million people to the global HNWI population in 2013, while the investable wealth of HNWIs grew by nearly 14 per cent to reach a record high of US$52.62 trillion.
The United States, Japan, Germany and China together accounted for nearly 60 per cent of the world's HNWI. North America's HNWI population expanded by 16 per cent to 4.33 million, while the Asia-Pacific region's grew by 17 per cent to reach 4.32 million.
Looking ahead, global HNWI wealth is forecast to reach a new high of US$64.3 trillion by 2016, representing 22 per cent growth from 2013 levels and approximately US$12 trillion in new wealth, Capgemini and RBC said.
- CNA/cy
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i once met a lady friend of a friend who is fxxking rich!
ReplyDeleteshe told me that her income in investment every month is more than x,xxx,xxx.xx !!! she also got relation with some loyal family in india. she gaves me the impression of too much money she don't know where to put them.
that gives me the picture of a snow ball which running down the hill, unstopable and getting bigger and bigger, thats how it should be done to growth your wealth.
Ha!Ha!
ReplyDeletecoconut, sorry your snowball image triggers an image of avalanche. It's usually taken as disaster. But if no body is injured, it can be showers of abundance.
temperament, it depends on how we look at things.
Deleteyes, if we are at the bottom of the hill, that is it! gone! stragger to free ourself from the avalanche. worst, there are more avalanche coming!
i prefer to look from the top, the snow ball and how it get there at the first place. if i can make my own snow ball and rolling down the hill, i will worry what happen at the bottom later.
temperament, i now have a picture of us trying to make our own snow ball from the top of the hill, we share our opinion of making them, still little one that we are holding in our hands, throwing at each others and cannot roll by itself yet haha.
Deletewhatever the case, most important is having fun while learning to be one!
If not FUN you won't want to do it again and again. You will stop the activity after a while.
DeleteEr...Wait a minute, how we manage to be at the top of the hill?
Ha! ha!
Good question. How to be at top to start with?
DeleteAny tips?
hee hee
Marry well ;)
DeleteHave rich parents!
Deletethats a very important question you guys ask!
Deletefor me i use immagination and visualisation. works very well...just make sure you don't over immagin like be superman or something...
remember when we were young, we immagin we were some kind of hero swordman wanderer....
Deleteonly to grow up scoding @$%$#@&^.....i wonder what when wrong haha.....
lets make the picture more clearer so that everyone can understand better, actually there is a hill alright but there is no top or bottom, just a slope. still you have to create your own snowball, forget about married rich or lottery, start from small and try to roll down the hill. thats the idea.
Deletewhen using visualisation, you have to do it step by step so as not to deviate from reality so much so that you will lost control of yourself. just 1 or 2 step away from your current position will do.
to be honest, i try to feel like i'm already a "million" dollar trader, talk like one, act also like one but in actuall fact i'm still a few steps away from my current location. but i visualise it in my mind already! i only do realility check once in a while to see how far to go. always go beyoung what you can currently achievced.
Lottery
ReplyDeleteShortcut.
DeleteBut your life is short also or landed in "FOB Changi Hotel"
now that one i stop immagin long ago haha....
Delete