Singapore – the world’s richest city

China may soon be the birthplace to half the world’s billionaires but Singapore – the world’s richest city – is where they go to play.

One in six households in Singapore have a net worth of $1m, reflecting the flow of wealth eastwards as the centre of global economic activity shifts to Asia.

With low taxes, a reliable, corruption-free government and protective private banking laws, the world’s ultra-rich are flocking to make Singapore home, giving it the highest percentage of millionaire households in the world.

Singapore - the world's richest city

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James Chung

Founder & Editor in Chief of Hello Vancity magazine. Email [email protected]

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