Inside the affluent space: a view from the top to anticipate the needs of the emerging affluent
Sue Philips and Sharanya SitaramanSynovate Singapore, Singapore
Chin Mun Hong and Geoffrey YanSenior Manager, Global Marketplace Insights, Japan, Asia Pacific, Australia, American Express International, Singapore
CONTEXT FOR THE PAPER
Wealth is being created in Asia at an unprecedented pace. Asia is already home to 2.6 millionaires (2006) and 211 billionaires. In 2006, five of the top ten countries with the fastest growth in millionaires are Asian, including the top three – Singapore, India and Indonesia. The number...