S'pore tops the chart again when it comes to millionaires

[yeokiwi]

If I read the report correctly, 15.5% of households (or 170,000) have above US$1 mil AuM - not individuals.

A total of 15.5 per cent of households here hold more than US$1 million (S$1.23 million) - defined as those with investable assets of over US$1 million, exclusive of owner-occupied property and items like art. Last year, the proportion was 11.4 per cent.

Millionaires here are much thicker on the ground here than in second-placed Switzerland, where 9.9 per cent belongs to the club. Qatar was in the No. 3 spot with 8.9 per cent followed by Hong Kong with 8.7 per cent, said a new report by the Boston Consulting Group (BCG).