How possible

[rich list]

I thought Singapore was number one hub for everything and all rich Asian's wanted to live here?

Why are only 3 Singaporeans (well kind of, at least one born in China but anyway...) in billionaire listing and only a single foreigner wanting to move here.  Why has only a single one made their billion in this place (and he was educated in China).

There is not a single Singaporean born and bred and made their money here.  Compare and contrast to HK, Malaysia, China, Japan.....

All very odd, Forbes must be lying right???

[Kubes.SG]

Don't be surprised to see that legal action is being prepared by the SG authorities for Forbes defaming Singapore.  Clearly all the information provided by the local authorities about how successful and rich Singapore is has been contemptuously ignored.  There are plenty of magazines who have arrogantly gone done this path and been punished by the SG courts.  Incredible that Forbes has made such an error.

[Not bad]

3 out of a "local" population of 4 million is not a bad statistic.

I thought Singapore was number one hub for everything and all rich Asian's wanted to live here?

Why are only 3 Singaporeans (well kind of, at least one born in China but anyway...) in billionaire listing and only a single foreigner wanting to move here.  Why has only a single one made their billion in this place (and he was educated in China).

There is not a single Singaporean born and bred and made their money here.  Compare and contrast to HK, Malaysia, China, Japan.....

All very odd, Forbes must be lying right???

[Anyhow]

What's more important is the average income per head and the standard of living which is higher in Singapore than her neighbours which is why the rest of ASEAN (and beyond like India and PRC) are queueing up to get here.

[Agent007]

Same old Kubes. Puerile as ever.

[same old agent]

No through and through Singaporeans at all.  Money either made elsewhere (all but one who is really chinese).

Out of nearly 1000 people only two foreigners choosing to live here. I suppose the other 998 are "sat on the sidelines" waiting to "pounce".

Retard.

[Kubes.SG]

What's more important is the average income per head and the standard of living which is higher in Singapore than her neighbours which is why the rest of ASEAN (and beyond like India and PRC) are queueing up to get here.

Fool.  What is important is the median income (and spending power),  and the quality of life index.  These are very different to your measures.

Don't compare SG to it's still developing neighborhood, but compare SG to other developed countries.  Report back to us how SG rates.

[Agent007]

Easy. No.1

[To Kubes]

Seems your charm and intelligence match the good looks displayed on your profile photo.  Average, has a number of meanings, including mean, median and mode.  Moreover, any meaningful comparison has to be done on a purchasing power parity basis.

What is certainly true is that having more billionaires in country A
does not mean that it is in any way better than country B expecially when the economy is a gangster economy like Russia's where the billionaires' gain has been due to looting, embezzling, blackmarketeering and fraud in general and has been at the expense of the generality of the populace.

[gram]

The number of billionaires in a country should not be used to indicate anything since most of the wealthy people in South-East Asia are involved in corrupt activities and it's just about connections most of the time.

To amass that level of wealth in South East Asia, it's just not possible not to hand over some money to someone in power at some point in time. How do the billionaires' companies win contracts, gain concessions?
These rich lists probably miss out a lot of people who are trying to hide their wealth. It is very difficult to find out somebody's true net worth, you would have to find out about all the loans they hold and investments potentially spread across the world.

[gram is right]

Yes, what gram says is true about estimating people's net worth.  An old friend of my father's is now a billionaire and ranks in the top 20 richest in the world.  My father says that when they quote his wealth, they underestimate it hugely.  Nobody has any idea of the extent of his wealth. 
He's British but now has Bahamian nationality as he lives out there.  He's not a crook but has made most of his fortune on playing currency market.  He was an ordinary guy when my father first met him

[Agent007]

There's at least one billionaire living in The Sail.

Don't miss the billionaire boat!

[No Virgins]

Quite pathetic really. Octo- and nonagenarian property and banking tycoons. No new wealth. No new technology. No new innovation.

Majority of billionaires stink anywhere in the world but at least a fair proportion of them can reasonably claim to have done something new or created it on their own instead of inheriting from their dad.

So much for innovation my left ball hub.

[scorn]

"Don't compare SG to it's still developing neighborhood, but compare SG to other developed countries.  Report back to us how SG rates."

Here we go again. Singapore is never to be judged on progress compared with its peers, but on its failure to match countries that are decades if not centuries further along in their economic and cultural development.

[cb]

Scorn,

Singapore is the one sprouting of how "1st world" it is. Not us. If you want to show how 1st world you are, compare yourself to the 1st world. Easy.

Singapore likes to pick and chose who to be compared to based on how much better it will make them look.