Barclays conducted a survey of 2,000 high-income individuals in early 2013, to ascertain how entrepreneurs, business leaders and investors make and spend a fortune. Respondent, is an individual with a net worth of more than $ 1, 5 million.
Forbes launched on Tuesday (09/07/2013), the popular belief that there is a wealth of millionaires in Singapore generated a drastic increase in property prices over the years, but who would have thought this is only partially true?
According to the survey, which could select multiple answers, 72 percent growth in wealth due to the high investment, while 58 percent were property, and 55 percent of the savings through income and bonuses.
Despite the economic crisis, political and social impacts of seismic, occurs worldwide, but nearly 50 percent of Singapore's rich population can increase the "thick" their wallets. This is mainly due to the Straits Times Index (STI) has doubled since 2008-2013.
In addition, the regional exchanges in Thailand, Indonesia and Malaysia also provides the same support. A quarter of a rich man in Singapore who were interviewed said that their wealth has soared five-fold during his life.
According to the survey, the rich in Singapore using 61 percent of their wealth to save and invest, just a notch behind China in Hong Kong by 66 percent, but a step in front of the Chinese mainland that would put 58 percent of their money in the bank or the stock market.
The next position, the rich people use their money for trips and social events by 16 percent. Only 7 percent is spent on cars, jewelry or a collection of them. In contrast to India, where 17 percent of the population spend money on cars, homes or jewelry.
Meanwhile, 13 per cent of Singaporeans prefer to put their assets in legacy, while more than 50 percent of Singaporeans want to give their wealth to charity. And they prefer to do in their lives. ()
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