Rich List: A gilded age for Singapore bankers

Singapore is home to the highest percentage of millionaires anywhere in the world.
Lee Seng Wee
Lee Seng Wee

According to research by the Boston Consultancy Group, Singapore is home to the highest percentage of millionaires anywhere in the world. As many as one in six households have a disposable income of $1 million, and that excludes the value of their properties. Unsurprisingly, earlier this year Singapore was ranked the happiest country in Asia in a United Nations survey.

If not the most cheerful, certainly the richest family are the Lees, coming in 22nd on FinanceAsia's 2015 Rich List, who control Overseas-Chinese banking Corp. OCBC. The lender’s former chairman Lee Seng Wee died in August after fifty years on the OCBC board and his three...

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