Singapore's ultra-wealthy population expected to grow by almost 300 per cent by 2026
#1

by MELISSA STEWART
02 Mar 2022 01:47PM (Updated: 02 Mar 2022 03:10PM)


......

According to The Wealth Report 2022 by Knight Frank released on Mar 1, the world’s population of ultra-high-net-worth individuals (UHNWIs), defined as those with net assets of US$30 million (S$40.7 million) or more, including their primary residence, rose by 9.3 per cent in 2021, following on from growth of 2.4 per cent in 2020.

......

Meanwhile in Singapore, the ultra-wealthy population grew 8.6 per cent to 4,206 in 2021, up from 3,874 in 2020. There are now 28 billionaires in Singapore as of 2021, up from 25 in 2020.

Over the next five years, ...... it is predicted that Singapore will have witnessed a 268 per cent growth in its UHNWI population to almost 6,000. This growth rate ranks Singapore in second place after New Zealand (270 per cent).


https://cnaluxury.channelnewsasia.com/pe...022-197681
Reply
#2

Buy more toto. 
Only hope. 😂
Reply
#3

i think many times more...once the Billionaires Children grow up their children will get Billion also....naturally become Billionaire
Reply
#4

Should reinstate estate duties which will contribute big to Sg tax revenue. However it was removed for selfish reason. Hence we need more Oppositions to push this motion for estate duties.
Reply
#5

(02-03-2022, 04:47 PM)Migrant Wrote:  Buy more toto. 
Only hope. 😂

Strike toto also cannot hit ultra level.
Reply
#6

(02-03-2022, 04:55 PM)Instinct Wrote:  Should reinstate estate duties which will contribute big to Sg tax revenue. However it was removed for selfish reason. Hence we need more Oppositions to push this motion for estate duties.

Yes, ultra rich should tax more.
Reply


Forum Jump:


Users browsing this thread: