The number of people whose liquid assets are worth US$1 million or more in Taiwan increased 11.8 percent last year to 125,000 — the biggest growth among the four economies known as the Asian Tigers, according to a wealth report published by Aspire Lifestyles.
The Asia and Pacific wealth report showed a growth of 11.2 percent in the number of US dollar millionaires in Hong Kong, 6.8 percent in South Korea and 2.2 percent in Singapore.
Aspire China and Taiwan regional general manager and chief executive officer Keynes Chen (陳楷植) said that the 11.8 percent rise in Taiwan means that one in every 200 Taiwanese has liquid assets of US$1 million or more.
Taiwanese millionaires are mostly entrepreneurs and professionals aged between 50 and 60, he said.
In China, one in every 1,500 citizens is a millionaire and most of them live in Beijing, Shanghai, Guangzhou or Shenzhen, Chen said. They are mostly owners of startups, property investors or professional stock investors aged 40 to 50, he added.
According to the report, the number of US dollar millionaires in the Asia-Pacific region reached 4.7 million last year, surpassing any other region in the world.
Of that number, Taiwan and China together accounted for 1.01 million, according to the report by Aspire Lifestyles, a global concierge services and lifestyle management company.
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