Singapore has the highest ratio of millionaires in the world

After Singapore gained independence from the British Empire in 1965, there was a surge in foreign direct investment, and the state led a strong drive for industrialization that ended up creating a modern economy.

They have the second freest economy in the world and are experts at trading. 

 Singapore is the 14th largest exporter and 15th largest importer in the world. 

All this success means that a lot of people became really rich. 

So rich, in fact, that in Singapore 1 out of every 6 households has $1 million or more in disposable income, the highest ratio in the world.

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