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Tuesday, March 4, 2014

Do you know as of now Singapore has 27 billionaires !!!!!

That's according to Wealth-X and UBS Billionaire Consensus 2013, & that will make Singapore the fifth biggest billionaire population in Asia and 18th iin the world.

The typical Singapore billionaire is said to be mainly from the finance, banking and investments sector, has at least a degree and is above 60 years old. That rules me out....lol.....
The study also shows that as of 2013, the total number of billionaires in the world has reached a record of 2,170, with Asia being the fastest growing region.

45 comments:

  1. No kidding??? Time to change job...lol..????

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  2. How about those who don't declare taxes, maybe got more....hahha.....

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    Replies
    1. You certainly has a point ! :))

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    2. Wonder how much tax does Bill Gates pay? He just made it to the richest man on earth again after losing the title for a few yrs:)

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    3. His one yr tax is probably more than our whole life's pay !

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    4. Haha.... I'm very sure of that !!!

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  3. The banks, they trench people like no body's business too when the going gets tough.

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    1. They retrench only those non-performing staff- those million-dollar super earners never have to worry !

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    2. Ya they get poach by other banks...lol..

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  4. All above 60 yrs old????? OMG... that ,means I've to wait for at least 35 yrs more !!!! :((

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    1. Be the first to do it before 30:)) Look at Mark Zuckerberg !!!

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    2. Ya right.... I'll do it like now.....lol.....
      My pay only $2800 per mth !
      That'll take me abt 29,000 YEARS & more to make it to a billion, that's factoring in increment already!!!

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    3. Haha.... what if you win toto $1,000,000- that'll help !

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    4. Not even close...lol... but I don't mind loh :))

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  5. What does it mean to common people like us to have all these billionaires in Spore? Nothing! They push up the prices of everything- like houses.
    Hope they don't start coming to our hawker centres- if not our hawkers will have an excuse to increase prices ....rofl

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    1. It means we can boast about it lor, or blog abt it like Sage here.....lol.... other than that, not much good ....lol....

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    2. Means most to people & companies who provide them with services like developers, luxury cars, high end restuarants & other luxury items.

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  6. Seriously I don't care ...lol...

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  7. It's good to know, I care, it means it can be done!

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  8. If a country is generating too many billionaires relative to the size of its economy, this concentration of wealth can lead to stagnation

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    1. Say the top billionaires in a country remains unchanged for years- this means the same people are pretty much running things in that country for ages. Nothing changes!!!
      If the top earners are ever changing, it reflects that the country is in constant flux- seems fairer in a way-
      Others have a chance!

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    2. Ya... the most volatile movement of billionaires is probably in China.

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    3. I think people in HKG also have plenty of chances. And movie celebrities & tech nerds in USA :)

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  10. This knowledge makes me feel sad, I don't even have 1000 in my account let alone a billion !!!!

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    Replies
    1. Haha... you are not alone in your grief :))

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  11. Wonder where do these billionaires hang out?

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    Replies
    1. Where else??? In places the common folks like us don't go ....lol.....

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  12. There could be more billionaires , the undisclosed ones ....

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  13. Wonder how many of them are self-made, or just inherited wealth?

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  14. This info is impt becz.......??????

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    Replies
    1. Was wondering about the same thing. Makes me feel bad. Who cares abt how many billionaires are there. I don't even have money to take cabs!

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  15. Taiwan just approved a "rich man's tax"- aimed to narrow the gap betw those who have & those who have nots!

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    1. As if it'll help. The rich will just channel their money out- maybe to spore & cause our property to go up even further:((

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    2. .....there goes my dreams of staying at Sentosa Cove......

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  16. I only know me & my friends are not one of them ....lol......

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  17. Who cares how many billionaires Singapore has. As long as I'm not one of them, I don't care....

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    Replies
    1. Feel the same way. Cant stand seeing these reports every now & then.

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    2. sour grapes people???

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  18. Latest there are 32 billionaires now, & i'm not one of them ...LOL !

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    1. Don't worry you are not alone, there are about 6,000,000 others ...lol...

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    2. Oh.... I'm not worrying, not at all. My future kids might think otherwise though :))

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    3. Ask the brats to make their own money :))

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    4. My parents told me, as long as I make enough for myself, they are happy ! Don't know what to make of that? Maybe they don't have confidence in me ...hahha... I'm not exactly the model child they hope for:((

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