SINGAPORE: Even as the world faces increasing challenges, the ultra-wealthy have gained more wealth, with the global billionaire population expanding by 4 per cent last year.
This is a reversal of 2022’s decline, and the wealth of billionaires has gone up by 9 per cent to a record US$12.1 trillion , according to Altrata’s Billionaire Census 2024.There are now 58 billionaires across the Little Red Dot, four more than in 2022. Moreover, the total wealth of Singapore’s billionaires is US$108 billion .Hong Kong On a country-wide level, Singapore ranks 13th on the list of the top 15 billionaire countries.
The report added that 18 people are in the highest tier of billionaire wealth, having a fortune higher than US$50 billion .
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