Good Hands say sinki Huat Big Big last 20ys - Many Many HDBee Hardlanders uplift to Millionaries Small Big Bosses..Leemember we leave nobody behind•

[k1976]

https://mothership.sg/2024/05/four-100-singapore-millionaires/

https://mothership.sg/category/community/history/
https://www.mothership.sg/tag/covid-19

Around 4 in 100 people in S'pore are millionaires: Report​

That is a total of 244,800 millionaires in Singapore.
Seri Mazliana |

May 11, 2024, 03:5

Around four in every 100 people in Singapore are millionaires, a recent report that compiled data on the proportion of well-to-do people in different countries found out.


In absolute terms, a total of 244,800 millionaires with liquid investable wealth of at least US$1 million (S$1.36 million) each live in Singapore as of December 2023, according to the World’s Wealthiest Cities Report 2024 by British investment migration consultancy Henley and Partners.

Singapore was also labelled the world's fourth wealthiest city, after cities in the U.S and Japan, with a 64 per cent growth in the number of millionaires in the country between 2013 and 2023.

 

[k1976]

Surpassed London, Los Angeles and Paris​

According to the report, Singapore ranked fourth after New York, cities in the San Francisco Bay Area and Tokyo.

The most millionaires were recorded in New York, with a staggering 349,500 millionaires in total.

Singapore also surpassed other notable cities, such as Los Angeles, Paris and London, which used to be the wealthiest city in previous years.

 

[k1976]

https://mothership.sg/2024/05/four-100-singapore-millionaires/#
According to the data, Singapore also has its fair share of the uber wealthy.

A total of 336 centi-millionaires, or individuals with a net worth of at least US$100 million (S$135 million) each, and 30 billionaires, with a net worth of US$1 billion (S$1.35 billion) each, are also living in Singapore.

The report also said Singapore is also one of the world's top destinations for migrating millionaires, and 3,400 high-net-worth-individuals (HNWI) had relocated to Singapore in 2023.

The number of millionaires in Singapore is expected to beat Tokyo's, as there has been a 64 per cent increase in millionaires over the past 10 years from 2013 to 2023 in the Southeast Asian country.

 

[k1976]

Who are some of these HNWIs in Singapore?​

Some noteworthy richest of the rich in Singapore include the likes of Singapore's richest man and billionaire Li Xiting, who placed 126th in the Forbes' 2024 World's Billionaire List.

The 73-year-old healthcare tycoon has a net worth of US$15.1 billion (S$20.4 billion).
Other notable billionaires include hotpot chain Haidilao's chairman Zhang Yong and Forrest Li, founder of online game company Garena and e-commerce platform Shopee's parent company Sea Limited.
Their net worth was valued at US$4.9 billion (S$6.6 billion) and US$3.6 billion (S$4.8 billion) respectively.

According to the 2023 Forbes' Singapore's 50 Richest list, top millionaires in Singapore include founder of property group Soildbuild Group Holdings Limited, Lim Chap Huat and Saurabh Mittal, founder of private investment holding company Mission Holdings.

 

[k1976]

https://www.channelnewsasia.com/singapore/lee-hsien-loong-pm-handover-legacy-politics-4326166



Singapore

Handing over Singapore in good order: The legacy of Lee Hsien Loong​

Singapore’s third Prime Minister Lee Hsien Loong’s tenure has left its mark on the political and societal landscape of Singapore, with a pivot towards a softer, more collaborative approach to governance, analysts say.

Prime Minister Lee Hsien Loong at the Padang for the 2023 National Day Parade on Aug 9, 2023. (Photo: CNA/Gaya Chandramohan)


SINGAPORE: Prime Minister Lee Hsien Loong has said on multiple occasions that he wants to hand Singapore over to his successor “in good order”.

And in good order he has: By many matrices, the country’s third Prime Minister is indeed leaving the state of the country better than before he took office back on Aug 12, 2004 – one that is more prosperous, developed and equal.

 

[k1976]

Analysts told CNA that Mr Lee’s tenure has left its mark on the political and societal landscape of Singapore, as he led the country through periods of crisis and recovery, and a pivot towards a softer, more collaborative approach to governance.

He has been a leader whose government implemented policies on the domestic front to help people uplift themselves, who has taken on the challenge of difficult and controversial decisions such as repealing the law banning gay sex, and who has looked towards Singapore's long-term future with infrastructure projects such as the Tuas mega port, the analysts added.

 

[k1976]

Over the last 20 years, Singapore’s gross domestic product has more than doubled, from S$228 billion to S$532 billion (US$168 billion to US$392 billion).

The median gross monthly income of Singapore residents has also climbed from S$2,326 to S$5,197.

Under Mr Lee’s watch, Singapore saw lower inequality, with the Gini coefficient after government transfers and taxes dropping from 0.42 to 0.37.

Annual airport passenger arrivals more than doubled, from 14.3 million to 29.5 million.

Singapore’s economy has also benefited from a surge in free trade agreements, from just five in 2004 to the current 27.

The Gini coefficient shows the gap between the richest and poorest in a country’s income or wealth distribution, with 0 being perfect equality and 1 being perfect inequality.

Mr Lee has also steered Singapore into becoming a hotspot for the world, with annual visitor arrivals climbing from 8.3 million to 13.6 million.

 

[k1976]

https://www.straitstimes.com/singap...nce-lost-there-is-no-turning-back-says-pm-lee

Singapore’s political system is rare and once lost there is no turning back, says PM Lee​

Prime Minister Lee Hsien Loong says the system can become distorted when voters want the PAP to govern, but also want more opposition MPs to check and question the Government. PHOTO: LIM YAOHUI


SINGAPORE – Singaporeans have something special and rare in the country’s political system, where people have consistently given the mandate to the People’s Action Party (PAP), and it in turn has delivered outstanding results in everything from security to housing, education, healthcare and the economy, said Prime Minister Lee Hsien Loong.

“The way it has worked in Singapore is quite special and does not happen anywhere else in the world, democracy or non-democracy,” he added.

“There is consent, there is mandate and there is restraint and there is sustainable continuity. It is remarkable. You leave it, you can never come back.”

 

[k1976]

https://www.channelnewsasia.com/sin...ety-nets-pm-lee-hsien-loong-interview-4310506

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Singapore

Singapore has 'moved very far towards better social safety nets' over last 20 years, says PM Lee​

In his 20-year tenure, the government has made a “very considerable” effort with policies such as ComCare for the needy and Workfare which focuses on low-wage workers, says Prime Minister Lee Hsien Loong.

After nearly 20 years heading Singapore’s government, Prime Minister Lee Hsien Loong will step down on May 15. (Photo: CNA/Jeremy Long)

 

[k1976]

https://www.straitstimes.com/singapore/politics/pm-lee-to-the-young-i-wish-i-had-been-born-later

PM Lee to the young: I wish I had been born later​

Young Singaporeans have reasons to be confident that they will continue to move upwards, said Prime Minister Lee Hsien Loong. PHOTO: ST FILE

Tham Yuen-C
Senior Political Correspondent
UPDATED

MAY 10, 2024, 10:51 PM

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SINGAPORE – As an “old man” in his early 70s, Prime Minister Lee Hsien Loong envies the young men and women of today.

They have many more opportunities and a better quality of living than those who lived through Singapore’s early years. And while they were not part of the exhilarating journey from Third World to First, they are starting at a higher level and can continue to move upwards with hard work, he said.

Responding to a question about whether the younger generations can still do better than the generations before, an optimistic PM Lee said: “I would feel very disappointed that a young person was pessimistic about his opportunities in life and wished he had been born earlier.

 

[k1976]

Many many many Good Achievements for last 20yrs, right Boss John?

 

[k1976]