Staff reporter
Hongkongers' average wealth ranked 15th worldwide, lower than Singaporeans' 4th and Taiwanese' 14th, a list by Forbes shows.
Forbes ranked the world's richest countries and regions based on the International Monetary Fund's estimates of their per capita gross domestic product adjusted for purchasing power parity. The adjustment aims to exclude the impact of external wealth on the GDP of some rich tax havens.
Luxembourg, one of the smallest countries on the map, is at the top with US$143,740 (HK$1.12 million) owned by each full-time resident in the European country, which Forbes gives credit to its strong financial sector and tourism.
Macau, the gaming hub, followed closely with US$134,140, making it the richest region in Asia.
Singapore ranked fourth with US$133,740 as one of the world's biggest hubs for businesses and trading centers, while Taiwan was listed 14th with an average wealth of US$76,860.
Hongkongers are estimated to own US$75,130 each, though its annual GDP growth of 2.9 percent is faster than Singapore's 2.1 percent.
According to Knight Frank's latest Wealth Report, Hong Kong had 5,957 individuals with at least US$30 million in 2023, 24.5 percent higher than the 4,783 in Singapore.
However, as of 2023, Hong Kong's population was 7.5 million, 27 percent more than Singapore's population of over 5.9 million, data from the World Bank showed.
