AlwaysWoW! For a Great Great WoW in Life

Thoughts from me about things that are cool, that are WoW, that blow me away. Observations about businesses and people from a wide variety of life. Daily encounters - and thoughts outside the box, inside the box and without any box. New thinking, and challenging old thinking. Passionate about life, about respect, and about integrity.

Thursday, June 17, 2004

Millionaires in Singapore

Wohoo, I didn't know that. The number of Singaporean millionaires defined as owning more than one million Sing-Dollar grew last year to 31,000,a cording to a study by Merrill Lynch and Capgemini. Their combined wealth is US$300 billion, grown by 3.4% over 2002. This is 3 times the size of Singapore's GDP.
However, Singaporeans are behind their counterparts in other countries in Asia. The rich in China and Hong Kong have a combined wealth of US$969 billion.

Good hopes for all - Capgemini also predicts that the wealth of the rich in Asia will grow to US$9.3 trillion in 2008 - what means that others will join the ranks


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