I remember watching the movie Crazy Rich Asians (loosely based on the author Kevin Kwan’s life) three years ago and thinking to myself. This can’t all be real. How rich are the people in Singapore really? Turns out the movie is more realistic than I thought. According to the UBS/PwC Billionaires insights report published in October 2020, Singapore has a total of 25 billionaires. These billionaires in Singapore are part of the Asia-Pacific billionaires club which is 831 billionaires strong and makes up about 38 per cent of the total number of billionaires in the world. Their total wealth adds up to about US$3.3 trillion (S$4.49 trillion), with the average billionaire worth about US$4 billion. This probably explains the latest news from EdgeProp where a single buyer (believed to be a Chinese family) bought all 20 units of the ultra-luxury condominium EDEN at 2 Draycott Park. P.S. the sale will...