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Sub Category - Demographics |
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Country With Fastest Growing Number of Millionaires - World Record |
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Category |
Government & Society - Demographics |
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Data Info |
The number of US$ millionaires in Singapore surged by a 21.2 percent in 2006 to 66,660 - the fastest growth rate of any nation in the world.
This is the second time in three years that Singapore posted the highest growth globally in the annual World Wealth Report compiled by Merrill Lynch and research firm Capgemini which surveyed 71 countries.
About 11,660 became US$ millionaires in 2006. The 66,660 millionaires account for about 1.5 per cent of the population.
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