Singapore’s richest 1% holds 14% of total wealth, ‘broadly comparable’ with other advanced economies
Government
The top 5 per cent hold about 33 per cent of the country’s household wealth, says Senior Minister of State for Finance Jeffrey Siow. SINGAPORE: The wealthiest 1 per cent of households in Singapore hold about 14 per cent of the country’s total household wealth – a share that is “broadly comparable” to advanced economies with similar levels of wealth inequality, said Senior Minister of State for Finance Jeffrey Siow on Wednesday (Feb 25). The top 5 per cent in Singapore hold about 33 per cent of
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