DailyFinance, 10 Jun 2010
According to a recent report from Boston Consulting Group, Singapore has the greatest proportion of millionaire households in the world. A first blush, that may sound surprising for the "no gum chewing allowed" country. But dig a little deeper, and it becomes clear that not only has Singapore's economy been resilient during times of economic trouble, but the country has also taken significant steps to become a great place to work -- and live.
Perhaps that's one reason why Singapore is attracting ultrawealthy people such as Jim Rogers, the legendary hedge fund manager and investor who founded the Quantum Fund along with George Soros.
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World’s Millionaires Increase by 14%, Boston Consulting Reports - BusinessWeekSingapore Leads Wealth Recovery, Becomes ‘Monaco of the East’ - BusinessWeek