Just how Wealthy are Singaporean Households?
By Doctor Wealth  •  February 20, 2014

Disclaimer : This is a thought exercise that is done purely for fun. All data used is from publicly available research and sources. Extrapolations and inferences are stated when made.

 

It is commonly quoted that Singapore has the most millionaires per capita in the world. Depending on which report we use, there are about 160,000 households (Wealth-X) who have USD$1M in investible assets or more. This is net of debt and excludes the primary residence. In total, there are 1.16M or so households resident in Singapore. These millionaire households have about US$860B in assets. Now the above information is nothing new. Dig deeper and the fun begins.

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We see that even among this top 17% of households, there is a huge gulf between the various levels.  At the top most end, Singapore has about 13-14 billionaires resident here. Move down a little, and there are about 3870 ...

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By Doctor Wealth
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