Singapore's ranks of the ultra-wealthy grew last year despite pandemic: report
Report by Knight Frank also ranks Singapore the world's fourth most desirable place for rich Asian home buyers
Singapore
SINGAPORE'S number of ultra-wealthy people continued growing strongly in the 2019-2020 period despite the pandemic, making it the Asian country with the second highest rate of growth in this segment.
The number of ultra-high net worth individuals (UHNWI) in the city-state rose 10.2 per cent or by 345 to 3,732 in 2020, says The Wealth Report 2021 put out by Knight Frank.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Real estate firm Ohmyhome’s journey over the past 10 years
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan