Singaporeans sibeh rich !!!!

[Lionheart]

SINGAPORE - The ranks of the wealthy in Singapore swelled to a new high last year, fuelled primarily by strong economic growth amid flat or slightly softer local equity and real estate markets.

The number of high net worth individuals, or people with investable assets of at least US$1 million excluding their homes, jumped nearly 5 per cent or 4,600 to 105,100, according to the latest World Wealth Report by consulting firm Capgemini and Royal Bank of Canada (RBC) released today.

The total amount of wealth held by Singaporeans jumped 7 per cent or US$33.5 billion to reach US$522.5 billion.

Across the Asia Pacific, the number of wealthy individuals surged 17.3 per cent to 4.32 million, making the region the world's second-largest population of millionaires after the United States. The total amount of wealth held in the region was up 18.2 percent to US$14.2 trillion,

- See more at: http://www.straitstimes.com/news/bu...ingapore-report-20140619#sthash.bG3hi7Vx.dpuf

 

[winnipegjets]

SINGAPORE - The ranks of the wealthy in Singapore swelled to a new high last year, fuelled primarily by strong economic growth amid flat or slightly softer local equity and real estate markets.

The number of high net worth individuals, or people with investable assets of at least US$1 million excluding their homes, jumped nearly 5 per cent or 4,600 to 105,100, according to the latest World Wealth Report by consulting firm Capgemini and Royal Bank of Canada (RBC) released today.

The total amount of wealth held by Singaporeans jumped 7 per cent or US$33.5 billion to reach US$522.5 billion.

Across the Asia Pacific, the number of wealthy individuals surged 17.3 per cent to 4.32 million, making the region the world's second-largest population of millionaires after the United States. The total amount of wealth held in the region was up 18.2 percent to US$14.2 trillion,

Kopiuncle ...why you so easily conned?
You see the report didn't say sinkees ...just residents of tiny dots ...surely you know we have lots of rich foreigners here ...after all sinkapore is money launderers capital of the world. Wealth of money launderers, Ah Tiong criminals, Indon Chinese, Thaksin's family etc don't belong to sinkees.

 

[bakkuttay]

Kopiuncle ...why you so easily conned?
You see the report didn't say sinkees ...just residents of tiny dots ...surely you know we have lots of rich foreigners here ...after all sinkapore is money launderers capital of the world. Wealth of money launderers, Ah Tiong criminals, Indon Chinese, Thaksin's family etc don't belong to sinkees.

don't you know kofiuncle give dog fark, now kena rabies.

 

[Lionheart]

i am sure there are many millionaires in this sbf
many are rich - no need to work
just watch soccer and make more money

 

[laksaboy]

i am sure there are many millionaires in this sbf
many are rich - no need to work
just watch soccer and make more money

Nice try but they are rich in spite of the PAP govt, not because of it.

If there's one thing the PAP govt excels at, it is taking money away and not returning it.

 

[winnipegjets]

i am sure there are many millionaires in this sbf
many are rich - no need to work
just watch soccer and make more money

Not as rich as kopiuncle, or should I address you as MG Kopiuncle?

PAP policies make most sinkees poor. So, the low tax policy is just plain bullshit. It is self-serving. Our ministers are the rich ones ...low tax helps them keep their money.