Fewer ultra rich people in Singapore in 2015, but long term wealth growth intact

Published Wed, Mar 2, 2016 · 07:33 AM

[SINGAPORE] The number of ultra rich individuals in Singapore dropped last year when global wealth was eroded by economic slowdown, according to the Wealth Report by Knight Frank.

There were 2,360 ultra high net worth individuals - those with US$30 million in assets or more - in Singapore last year, down 8 per cent from 2014, the property consultancy firm found in a survey that polled around 400 private bankers, including 30 here.

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Singapore

Fewer ultra rich people in Singapore in 2015, but long term wealth growth intact

Economy & Policy

NTUC aims to do more to support PMEs, who now account for nearly half its membership

Daily Debrief: What Happened Today (Apr 25)

Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low

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