Singapore (CU)_ According to an analysis by HSBC, over the next eight years, Singapore’s proportion of millionaires will exceed that of the United States, China, and many other countries in the Asia-Pacific region. In 2021, 7.5% of the adult population in the Republic had a net worth of at least US$1 million ($1.38 million). By 2025, this percentage will increase to 9.8%, and by 2030, it will reach 13.4%.
The research examines the resident population, which includes…
