$26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city:

Wealth Over the Edge | WSJ.Money Spring 2013

online.wsj.com 07 Mar '13, 11pm

$26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city:

But over the past decade, Singapore has undergone a dramatic makeover, as the rich and famous from Asia and beyond debark on its shores in search of a glamorous new home—and one of the safest places to park their wealth. Facebook co-founder Eduardo Saverin gave up his American citizenship in favor of permanent residence there, choosing to live on and invest from the island while squiring around town in a Bentley. Australian mining tycoon Nathan Tinkler, that country's second wealthiest man under 40, whose fortune is pegged at $825 million by Forbes, also chose to move to Singapore last year. They join Bhupendra Kumar Modi, one of India's biggest telecom tycoons who gained Singapore citizenship in 2011, as well as New Zealand billionaire Richard Chandler, who relocated in 2008, and famed U.S. investor Jim Rogers, who set up shop there in 2007. Gina Rinehart, one of the worl...

Full article: http://online.wsj.com/article/SB1000142412788732466240457...

Tweets

@dnahinga » 01 Apr '13, 4pm
RT @MozDefinitely: @dnahinga this might interest you... Singapore's Wealth Over the Edge: [link]
@MozDefinitely » 01 Apr '13, 4pm
@dnahinga this might interest you... Singapore's Wealth Over the Edge: [link]
@Charlessipe » 24 Mar '13, 12am
Interesting read -> Wealth Over the Edge: Singapore - [link] [link]
@Jimbo_Flan » 18 Mar '13, 4am
RT @saucyned: “@WSJ: Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]” @the_real_kurtis
@MozDefinitely » 14 Mar '13, 7am
The Singapore story: "...kids in their 20s, had their own private jets," [link]
@Aboundlessworld » 12 Mar '13, 10pm
RT @robstretch: What nightclub in Singapore has a $26,000 drink? Great profile on 'Pangaea" [link]
@robstretch » 12 Mar '13, 10pm
What nightclub in Singapore has a $26,000 drink? Great profile on 'Pangaea" [link]
@santoshmaharshi » 12 Mar '13, 6am
Singapore has undergone a dramatic makeover to world's richest city & one of the safest places to park wealth. [link] v @WSJ
@BeeeJayCeee » 11 Mar '13, 10am
RT @TheDonVince: “@WSJ $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]” damn!
@Abdi112 » 10 Mar '13, 11pm
i want to be rich too “@WSJ: Singapore has undergone a dramatic makeover to world's richest city [link]"
@F1nomics » 10 Mar '13, 8pm
"Wealth Over the Edge: Singapore" [link] @F1socialdiary should try out the $26,000 cocktails in Singapore #F1Biz
@Carlos_Ungo » 10 Mar '13, 8pm
Singapore: the city of excess [link] too much wealth while half of the world is starving.
@amygeorge » 10 Mar '13, 8pm
Econ 101: money follows low taxes and predictable government - @WSJ: Singapore - a safe place to park wealth. [link]
@sgdeal33 » 10 Mar '13, 8pm
RT @aClassicLiberal: "Singapore has undergone a dramatic makeover to world's richest city, safest places to park wealth" [link] @UnlearningEcon
@sgdeal33 » 10 Mar '13, 8pm
RT @GregoryDguez: RT @WSJ $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]
@aClassicLiberal » 10 Mar '13, 8pm
"Singapore has undergone a dramatic makeover to world's richest city, safest places to park wealth" [link] @UnlearningEcon
@kathyteo » 10 Mar '13, 8pm
Yuk. @WSJ: Singapore has undergone a dramatic makeover to world's richest city [link]”
@sgdeal33 » 10 Mar '13, 8pm
RT @WRSickles: RT @WSJ: Singapore has undergone a dramatic makeover to world's richest city&one of the safest places to park wealth. [link]
@WRSickles » 10 Mar '13, 8pm
RT @WSJ: Singapore has undergone a dramatic makeover to world's richest city&one of the safest places to park wealth. [link]
@katherineruta » 10 Mar '13, 7pm
#cantwait "Singapore has undergone dramatic makeover to world's richest city & one of safest places to park wealth. [link]”
@The1stTaste » 10 Mar '13, 7pm
Most boring read ever. RT @WSJ Singapore undergoes makeover to world's richest city & 1 of safest places to park $ [link]
@katiekirkpat » 10 Mar '13, 7pm
@BrickTop550 MT: @WSJ: Singapore has undergone a dramatic makeover to world's richest city [link]
@AntonioSiano » 10 Mar '13, 7pm
“@Richard_Florida: MT @WSJ Singapore's dramatic makeover as one of the safest places to park wealth - [link]”.come to italy!
@DarthConscious » 10 Mar '13, 7pm
RT @muhali74: are they happy?RT “@WSJ: Singapore has undergone a dramatic makeover to world's richest city [link]”
@paddix » 10 Mar '13, 7pm
Singapore's transformation to the world's richest city WSJ Article [link]
@muhali74 » 10 Mar '13, 7pm
are they happy?RT “@WSJ: Singapore has undergone a dramatic makeover to world's richest city [link]”
@MarcinGruszka » 10 Mar '13, 4pm
Singapore as safe haven - @WSJ: How Singapore became the world's richest city: [link]
@Freakonomicss » 10 Mar '13, 3pm
Good read on Singapore becoming the pad for the uber rich of the world. [link]
@jj_b » 10 Mar '13, 3pm
“@WSJ: $26k cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]” #travel
@RachelSB » 10 Mar '13, 3pm
Singapore: $26,000 cocktails. Ferrari traffic jams. The world's sternest city is now the richest. [link] #sundaynewsreads
@Thinkinvesting » 10 Mar '13, 2pm
@jlphelps “@WSJ: $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became world's richest city: [link]”
@mwalker211 » 10 Mar '13, 2pm
Ridiculous - $26,000 cocktails. Traffic jams freckled with Ferraris. How #Singapore became the world's richest #city: [link]
@bindubalan » 10 Mar '13, 1pm
Intrstng article/“@WSJ: $26,000 cocktails. Traffic freckled w/Ferraris.How Singapore became the world's richest city [link]”
@ckim4789 » 10 Mar '13, 1pm
An absolutely fascinating article. "@WSJ: $26,000 cocktails. How Singapore became the world's richest city: [link]"
@iWateba » 10 Mar '13, 10am
RT @breegathoni: Read about $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]
@breegathoni » 10 Mar '13, 10am
RT @ngwata_francis: Read about $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]
@ngwata_francis » 10 Mar '13, 10am
Read about $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]
@shiyingl » 10 Mar '13, 8am
RT @alexjcampbell: "Traffic jams of Ferraris: how Singapore became the world's richest city" [link]
@poutykat » 10 Mar '13, 7am
Feeling poor yet? @WSJ: $26k cocktails. Traffic jams with Ferraris. How Singapore became the world's richest city: [link]
@Nefrette » 10 Mar '13, 6am
RT @aptronym: RT @WSJ: $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]
@rrkhanna » 10 Mar '13, 6am
RT @aparanjape: RT @WSJ $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became world's richest city [link] @sushobhan
@SanjEats » 10 Mar '13, 6am
RT @Asia_on_wheels: RT @WSJ $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]
@Lay_allday » 10 Mar '13, 5am
“How Singapore became the world's richest city: [link]” @soenk_inthe_sun
@harshasripada » 10 Mar '13, 5am
“@WSJ: $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's [link]” @ramansankar
@MichiganLaw2008 » 10 Mar '13, 5am
“@WSJ: $26,000 cocktails. Traffic jams with Ferraris. How Singapore became the world's richest city: [link]” @cduhaime
@TheDonVince » 10 Mar '13, 5am
“@WSJ $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]” damn!
@alokmn » 10 Mar '13, 4am
Vulgar & Obscene in Singapore RT @WSJ $26,000 cocktails. Traffic jams freckled with Ferraris. [link]
@scryedz » 10 Mar '13, 4am
Scary RT @WSJ: $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]
@JeffGabel » 10 Mar '13, 4am
Singapore has some of the lowest taxes in the world, including none on capital gains and most foreign dividends | [link]
@hipradipto » 10 Mar '13, 4am
Ouch. "@WSJ: $26,000 cocktails. Traffic jams freckled with Ferraris. How Singapore became the world's richest city: [link]"