Wednesday, September 23, 2009

Billionaires

The following table shows the ratio of billionaires to population. HK has the highest ratio followed by USA. They tend to reflect nations with the widest disparity of income. I wonder where Singapore stands?


Country    Billionaires    Population    Ratio
USA          269             303 m        0.88
Japan         29             127 m        0.23
Germany       28              82 m        0.34
Hong Kong     14              10 m        1.40
UK            12              60 m        0.20
Singapore      ?               5 m         ?
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7 comments:

Tan Kin Lian said...

Hi Mr Tan,

There are at least 8 billionaires in Singapore

Ng Teng Fong $8.0B
Khoo Family $5.5B
Kuok Khoon Hong $3.5B
Kwee Brothers $3.2B
Wee Cho Yaw $3.1B
Zhong Sheng Jian $ 2.0B
Peter Lim $1.5B
Kwek Leng Beng $1.5B

Plus some hidden billionaires and some getting very easy fat pay???

With a population of 4.8m, the ratio is 8/4.8=1.66, rank one in front of HK.

Regards

September 24, 2009 6:41 AM
Anonymous said...

3 areas produce billionaires.

1. Property
2. Stock/commodities
3. Banking

September 24, 2009 8:28 AM
Anonymous said...

I agree with the analysis from the first posting. Singapore ranking is definitely above HK.

September 24, 2009 9:00 AM
Anonymous said...

Do we include foreigners into the overall population?

September 24, 2009 10:37 AM
Anonymous said...

This survey made many Singaporeans, mainly poorer ones and those struggling to get jobs to support their families, see red with resentments. Why should the rich gets richer, and the poor gets poorer. No wonder MM Lee said there is no such thing as 100% equality and 100% justice. The Pledge really sounds hollow and hypocitical.

September 24, 2009 3:47 PM
Anonymous said...

All are from Industrialised nation.

Who feed them food?
The poor farmer!

Had superrich help the poor farmers?

September 24, 2009 4:08 PM
法蘭斯 said...

There's one major error in this post.
Hong Kong's population is 7 million only.
so 14/7=2 billionaires per million people.

October 02, 2009 9:59 PM

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