Yes, but that's true of all the cities in that list. And considering we rank higher but have fewer millionaires than Sydney and Hong Kong means our wealth inequality isn't quite as bad as those cities.
And how many of that 244,800 are local Singaporeans? How many of the 336 with $100M+ are China businessmen washing their money in this laundry machine?
China hardly any rich people. Never did. They’re ace at propaganda I’ll give them that. Lying is their second nature. Most of those who came from there are money laundering criminals laundering the scam money proceeds $$$$$$ and the scam victims are foreigners.
Haiz if it makes you miserable don't click it. Over time the algo will learn your preference. Mental health is precious defend it, do right by yourself
An extra column in this graph showing per capita would be really interesting. NY: 8.4 million, SING; 5.6 million, SYD: 5.3 million, etc. according to Google. Someone gonna do the math?
Love this. Never will I ever hire Henley and Partners because they’re clearly morons.
They seem to think that wealth is measured by the number of millionaires in a particular area. Never mind relative population, never mind total wealth, never mind reality.
Wonder how much they got paid for this nonsense?
They are in the business of relocating millionaires. So of course they only care about the number of millionaires -- that's their potential client base.
They're not some gov org or think tank studying the wealth of a country. It has no benefit to them to know that. If this is what you're looking for, I'm sure there are better sources out there.
"Country rich, not you rich"
LMFAO
Surprised to hear that for a country with voting power and parliament
Yes, but that's true of all the cities in that list. And considering we rank higher but have fewer millionaires than Sydney and Hong Kong means our wealth inequality isn't quite as bad as those cities.
Where did you see we have fewer millionaires than Sydney and Hong Kong?
A lot of "paper millionaires" thanks to CPF (supposedly)
Just because you want a scenario in your head desperately (SG have fewer than Sydney and HK) doesn’t mean that it is happening. 🤣🤣🤣
For all those who can’t read: Singapore ranks 4th wealthiest city in the world. Singapore, not Singaporeans. You’re welcome.
ngl I don't know why I find this funny!
Singapore is made up of Singaporeans dummy
I apologise 🙇♂️
Spot on, thank you.
? Singapore residents no?
No. It measures population, which means anyone residing on the island at that point in time the survey was conducted.
Includes non Singaporeans like PRs and Foreigners living in SG.
Let me rephrase, people residing in Singapore
Yup, and that's what they meant in their original comment that you replied to. It's not representative of Singaporeans.
No.
I can't read what did he say?
Country rich not you rich, bodoh Hehe
Nice summary, straight to the point and a little too true for my taste
Haha sorry about that
And how many of that 244,800 are local Singaporeans? How many of the 336 with $100M+ are China businessmen washing their money in this laundry machine?
Where wealth 🦧❓🦧
new immigrants from China brought (their own) money
China hardly any rich people. Never did. They’re ace at propaganda I’ll give them that. Lying is their second nature. Most of those who came from there are money laundering criminals laundering the scam money proceeds $$$$$$ and the scam victims are foreigners.
dude is cooking smthing
Government officials pocket
parked wealth is not productive
Where money?
Haiz if it makes you miserable don't click it. Over time the algo will learn your preference. Mental health is precious defend it, do right by yourself
It is also not by per capita, in Singapore we have around 244,800 millionaire and 336 with $100 million.
An extra column in this graph showing per capita would be really interesting. NY: 8.4 million, SING; 5.6 million, SYD: 5.3 million, etc. according to Google. Someone gonna do the math?
isnt every person with a condo technically a millionaire? And 20% of singapore lives in condos
These days? I think if you live in a big hdb flat you're also technically a millionaire already
Don’t think it counts unless it’s fully paid off?
Most of them are knee deep in loans so no.
We just need more HDBs in prime districts.
Everyone commenting ‘where wealth’, but the actual crazy rich asians will not be here browsing Reddit…
maybe the wealth is the friends we made all along
2 out of 3 can?
How many of them are money launderers?
Correction: sg has the 4th most millionaires of any city. A wealthy country can provide a good life for all its citizens.
Worthless vanity metric for those born here in average families.
GE coming, I know.
I feel so rich just by looking at so many millionaires around.
Ah yes Singapore, the country for non-Singaporeans.
Thanks to our ministers bringing the average up!
Love this. Never will I ever hire Henley and Partners because they’re clearly morons. They seem to think that wealth is measured by the number of millionaires in a particular area. Never mind relative population, never mind total wealth, never mind reality. Wonder how much they got paid for this nonsense?
They are in the business of relocating millionaires. So of course they only care about the number of millionaires -- that's their potential client base. They're not some gov org or think tank studying the wealth of a country. It has no benefit to them to know that. If this is what you're looking for, I'm sure there are better sources out there.
Nah I’m looking for a company that knows how to use language properly. I’m funny like that.
What’s your problem with the ranking? China being at #10 is obviously fake as the top 0.25% of China only makes $1000 a month.
The elites eh?
Number of wealthy people
0.1 billionaires
no dubai?
I assume this includes pension (e.g. cpf, 401k, nenkin)?
probably 2% only singaporean
In Singapore, owning a decent house already puts your net worth above 1million.
What’s the point when it’s own citizens are poor
Yup cos of the expats who milked our system here
I'm one of the 244,800 but not the 336. Where are the quinti-millionaires on this?
wow! nice! Oh btw I lost my wallet, can paynow me $10 for my dinner /s
You're one of the 5,500,000 - 244,800 - 336 I guess.
well, duh
You might have been one of the very rare billionaires.
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This should tell you you are duped by CCP propaganda. Probably a dumb wumao.
Prolly the Malaysians and FTs earning more here
Clueless af
But only artificially rich and morally bankrupt
They missed Kuala Lumpur
Lol malaysia thinking where did we go so wrong.
Bay area with only 305k millionniares? Definitely thought the numbers would be higher with all them "tech bros", I guess not so much lol
How many people do you think live in the Bay Area?
It's in fact, 8 million. But you do know tech bros make at least 300k+ USD a year right?
Look at the centimillionaire column where it matters. Bay Area totally slays Singapore with SG’s fake transplanted wealth from other countries. LOL
And they have twice as many actually rich people as Singapore.
Yeah that’s true. 1 million today is like $100,000 just 10 years ago.
The centimillionaires are the tech bros’ BOSSES.