[Levin]

The statistics speak for itself 
Credit Suisse recently published a report that the number of millionaires in Singapore is predicted to increase by 62% by 2025. Beyond the headlines, the report also painted a stark picture for inequality in Singapore—that the top 1% controlled 34% of all wealth in the country. 

That is an immense amount of wealth concentrated in the hands of a few. Compare that figure with 18% in Japan, 24% in Korea, 28% in Taiwan, and even 30% in capitalist United States and the problem becomes more evident.

Possible to post a link? Thanks in advance.

The lastest report I read from Credit Suisse had USA's top 1% controlling 35.3% (not 30%) of total wealth in the country. Japan is 18.2%. 

Worst is Russia at 58.2%, Brazil at 49.6%, India at 40.5% and then USA.

No figures for Korea, Taiwan nor Singapore.

Source from page 24 of Credit Suisse Global Wealth Report 2021 (June) : https://www.credit-suisse.com/about-us/e...eport.html

Steps to reach report from the link I posted:

1. Scroll down a bit to see :The Global wealth report 2021:.

2. Click on 'Find out more (PDF)'.

3. Save file to your hard drive

4. Open file and go to page 24