Singapore Could Be The World’s Richest Country By 2050

Business Insider:

If you enjoy peering inside the minds of the world’s super rich, take a spin through the 2012 “Wealth Report.”

Compiled by Citibank, and a property consultancy called Knight Frank, it’s a lengthy analysis based partly on interviews with the super rich. (Definition: people with more than $25 million in investable assets.)

Yes, the report contains musings on why yacht sales are down and the pros and cons of buying a sports franchise. But that’s not the most interesting part.

The study predicts that Singapore — that little Southeast Asian city-state with loads of Type A zeal — will be the world’s richest nation by 2050.

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Categories: Economics, Singapore

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