December 15, 2012 at 17:09 PM EST
A Hundred Million Millionaires?
In the past I’ve often touted Singapore’s high saving model. Last year I noted that 15% of Singaporeans were millionaires in 2010, and I predicted that the number would rise sharply over the next few decades. The numbers for 2011 are in and the share of millionaires is up to 17.1%, nearly twice as high [...]
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