S'pore tops the chart again when it comes to millionaires

[mrEngineer]

Instead, the honour belongs yet again (yes, again) to Singapore - with one in six, or 15.5 per cent, of all households having at least US$1 million in assets under management (AuM) in 2010.

Translated into absolute numbers, that's about 170,000 households here with more than US$1 million in AuM (including cash deposits, money market funds, listed securities, onshore and offshore assets). The number represents an almost one-third growth from the year before, which makes Singapore also the country with the fastest-growing number of millionaire households.