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Singaporeans are Unhappy and Poor. Why?
By Doctor Wealth  •  December 10, 2014
Singapore is the richest country in the world and yet, Singaporeans are unhappy (“under-happy”) and poor. Jeff Haden, author of TransForm and contributing editor for Inc.com, weighs in with his thoughts. One day I’d like to meet someone who is actually rich. Sometimes I think I’ve found one but it always turns out I’m wrong. No matter how rich I assumed the person to be, within a few minutes, I find out just how poor that person really is. Take the guy who sold his company for more than $40 million. (Well, actually $100 million in total; $40 million is his share.) I was sure he was rich. Then he told me how, for tax and estate planning purposes, he had structured the disbursement of funds over 10 years. So sure, on paper he may be “worth” $40 million, but he only gets around $4 million each ......
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By Doctor Wealth
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