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Hong Kong is multimillionaire capital of the world, says new study
Phila Siu scmp.com At 15,400, Hong Kong has more multimillionaires - those with at least US$10 million in net assets - than any other city in the world, a study has found. It is also fifth on the millionaire list, with 2.9 per cent of the population, or 211,700, having net assets of at least US$1 million. Together these wealthy and super wealthy residents hold net assets totalling a minimum of some US$350 billion. to read more: scmp.com
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