UBS report ranks SG 8th for highest average wealth per person, but netizens point to

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UBS report ranks SG 8th for highest average wealth per person, but netizens point to

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29-08-2024, 11:40 PM

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UBS report ranks SG 8th for highest average wealth per person, but netizens point to

An honorable member of the Coffee Shop Has Just Posted the Following:

SINGAPORE: On Wednesday (Aug 28), a Reddit user shared an infographic that showed that in terms of average wealth per person,
Singapore ranks eighth in the world.

The city-state did not make it to the top ten, however, when it comes to median wealth, according to data from the UBS Global Wealth Report 2024. It is still in the top 25, having ranked 18th.

The infographic explains that average wealth refers to the total wealth of a nation divided by its adult...

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