Wednesday, December 10, 2014

Some Weath Statistics in Singapore

Came across an article recently that states that 1395 super rich  individuals own about 17% of the country wealth which equate to be about US$180b. Do not know how accurate is the info but it surely tell a distinct story.Inequality is not between the top 10% and the rest but more about a small percentage of the top 1% versus the rest.Ditto with the US, based on what I know too.

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