Singaporeans 2nd richest in Asia

• Clivebenss

  8 Oct 10, 16:43

  Oct 8, 2010 - Straits Times

  by Gabriel Chen

  SINGAPORE ranks fourth globally and second in Asia Pacific in terms of average personal wealth, according to the inaugural global wealth report by Credit Suisse Research.

  Average wealth per adult in Singapore has grown strongly in the last decade, rising from US$105,000 (S$137,100) per adult to over US$250,000 in 2010, supported by a period of strong domestic economic growth and asset price increases.

  Singapore's two-fold increase in average wealth per adult has also been accompanied by a 7 per cent slide in average debt.

  From a macro perspective, the report finds that the global wealth currently held by 4.4 billion adults has increased 72 per cent since 2000 to reach US$195 trillion.

• Clivebenss

  8 Oct 10, 16:45

  Election is coming.

  

• Clivebenss

  8 Oct 10, 20:54

  not a good gauge.

• Mr Milo

  8 Oct 10, 20:56

   

  Hahahahahahahahahaha!

  ROFLMAO

  Sure or not?

  Some excuse to tax us more?

• βέτά

  8 Oct 10, 21:00

   

   

  I am still trying to figure out where I kept my US$250,000.

   

   

• ditzy

  8 Oct 10, 21:05

  In terms of "can touch" assets, or "cannot touch" assets?

• Mr Milo

  8 Oct 10, 21:07

   

  can touch assets means breasts?

• Clivebenss

  8 Oct 10, 21:08

  Originally posted by Mr Milo:

   

  can touch assets means breasts?

  

• Mr Milo

  8 Oct 10, 21:08

   

  can touch assets means breasts?

• tranquilice

  8 Oct 10, 21:13

  I don't know I has a wealth of US$250,000.

   

• tranquilice

  8 Oct 10, 21:14

  Originally posted by Mr Milo:

   

  can touch assets means breasts?

  
  Then which are those cannot touch assets?

   

• Mr Milo

  8 Oct 10, 21:22

   

  i dunno

• βέτά

  8 Oct 10, 22:54

  Originally posted by tranquilice:

  
  Then which are those cannot touch assets?

   

   

  Other people's breast.

   

   

• I-like-flings(m)

  8 Oct 10, 22:59

  250,000 sperm  is it?

• kenn3th

  8 Oct 10, 23:00

  Originally posted by βέτά:

   

   

  I am still trying to figure out where I kept my US$250,000. 

   

   

  Do i get a cut if I help you find it?

• kenn3th

  8 Oct 10, 23:02

  How did they even manage to count 250 thousand USD?

• βέτά

  8 Oct 10, 23:04

  Originally posted by kenn3th:

  Do i get a cut if I help you find it?

   

  Sure. But it's gonna be extremely difficult.

   

   

• Junyang700

  8 Oct 10, 23:11

  Cos the property market is hot. Houses cost more. So everyone who owns a house is richer (technically).

• FireIce

  8 Oct 10, 23:44

  1st in AP is where leh?

• Junyang700

  8 Oct 10, 23:49

  Did we just win Australia and New Zealand?
  
  LOL.... All asian countries + Australia + New Zealand + Fiji = Asia Pacific.

• soleachip

  9 Oct 10, 00:25

  Originally posted by βέτά:

   

   

  I am still trying to figure out where I kept my US$250,000.

   

   

  it's inside ur cpf account.  

• Rock^Star

  9 Oct 10, 00:31

  The report says Singapore, didnt say singaporeans. ST is very good at selective stats reporting. Report only the wealth of singaporeans and you will find a different story. Singaporeans change cars every 3-5 years, where got 2nd richest.....haha cock and bull story.

• GHoST_18

  9 Oct 10, 00:38

  

  why is this not in the jokes forum?

  

• sbst275

  9 Oct 10, 00:47

  eh.. isn't it e obvious?

  so you mean even Malaysia can compete w/ Japan, 4 Asian Tigers?

• Junyang700

  9 Oct 10, 00:49

  @ Rock^Star ... Thats why Straits Times only cost 90 cents.. very cheap.