Number of rich in Singapore on the rise

POSTED: 19 Jun 2014 11:21 Channel NewsAsia

The number of millionaires here rose by 4.5 per cent last year to about 105,000, according to the latest World Wealth Report from Capgemini and RBC Wealth Management.

SINGAPORE: The number of high net worth individuals (HNWIs) in Singapore grew by 4.5 per cent last year to about 105,000, lagging the global growth rate of 15 per cent amid a tapering in the city-state’s home prices.

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