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Where the World's Millionaires Live

By David de Jong - 2012-06-06T19:49:33Z

Photograph by Sam Kang Li/Bloomberg

Company Symbol % Change
16 of 18

1. Singapore

Population: 4.8 million
Percentage of millionaire households: 17.1%

The small city-state of Singapore counts the highest number of millionaire households relative to its population: 188,000, or 17.1 percent. Singapore has long been the place of business in East Asia for the financial-services industry and is one of the largest centers for offshore banking. One of its wealthiest inhabitants, 30-year-old Facebook co-founder Eduardo Saverin, gained notoriety this month, when, prior to the social network's public offering on the Nasdaq, it was publicized that he had renounced his U.S. citizenship last year.

Data from: Boston Consulting Group and Bloomberg Billionaires