SINGAPORE : Singapore is home to the world’s fastest-growing population of millionaires, according to the annual world wealth report compiled by Merrill Lynch and the Capgemini Group.

The number of high net worth individuals in Singapore grew by 21.2% last year to reach almost 67,000 millionaires.

Singapore’s millionaire boom is part of a global trend that saw the number of high net worth individuals rise 8.3% to reach 9.5 million last year.

Among the super-rich are a group called the ultra-rich, with assets over US$30 million.

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