// Adds dimensions UUID, Author and Topic into GA4
Tuesday, September 22, 2026
24 C
Singapore
type here...
Photo: Freepik/ lifeforstock (for illustration purposes only).
Singapore News
Less than 1 min.Read

Singapore almost tops ranking of most popular cities around the world for millionaires

Jewel Stolarchuk
By Jewel Stolarchuk

SINGAPORE: A new report by Prime Casino reveals that Singapore ranks as the second most popular city in the world for millionaires.

With 4,305 millionaires per 100,000 residents, Singapore comes in just behind Zurich, Switzerland, which tops the list with 20,374 millionaires per 100,000 people.

The report points to Singapore’s position as a wealth magnet, home to 244,800 millionaires. This accounts for 4.31% of the city-state’s population, showcasing its allure for high-net-worth individuals.

Despite the concentration of wealth, the report also sheds light on the challenges of becoming a millionaire in Singapore. Based on the average post-tax annual salary of $53,958.84, it would take a person 964 weeks—nearly 18.5 years—to amass a million dollars.

This combination of wealth and economic opportunity continues to attract investors and high-earners from around the globe, reinforcing Singapore’s reputation as one of the world’s premier destinations for financial success, according to the index. /TISG

Google News Follow Google News WhatsApp Join us on WhatsApp Telegram Follow us on Telegram

Hot this week

Singapore Politics

Workers’ Party chair Sylvia Lim & husband Quah Kim Song have lunch at Serangoon with Kenneth Tiong

Ms Lim posted a photo of herself with Mr Quah and Mr Tiong on Instagram on Saturday, Sept 19
Malaysia

‘Our country’: Anwar calls on Malaysia to move past racial politics nearly 70 years after independence

Prime Minister Anwar Ibrahim has called on all parties to stop exploiting racial issues for political gain, saying Malaysia cannot afford to remain trapped in communal divisions nearly 70 years aft...

Popular Categories

Singapore NewsFeatured NewsSG EconomySingapore PoliticsLifestyleCelebrityIn the Hood
document.addEventListener("DOMContentLoaded", () => { const trigger = document.getElementById("ads-trigger"); if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { entries.forEach(entry => { if (entry.isIntersecting) { lazyLoader(); // You should define lazyLoader() elsewhere or inline here observer.unobserve(entry.target); // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); observer.observe(trigger); } else { // Fallback setTimeout(lazyLoader, 3000); } });

The Independent SG

Also Visit

Social Media

© The Independent Singapore

// //
Enable Notifications OK No thanks