Singapore tops global rankings as hub for entrepreneurial wealth
It leads globally for wealth movement at 15%.
Singapore is now the world’s top destination for entrepreneurial wealth and relocation, according to HSBC’s Global Entrepreneurial Wealth Report 2025.
The report showed that entrepreneurs are not only transferring wealth to Singapore but also relocating themselves and their families.
The city-state leads globally for wealth movement at 15%, ahead of the UK and Switzerland at 11% each, and is also the top choice for personal relocation at 12%.
Most inflows come from the region, with 47% from Indonesia and 38% from Malaysia, underscoring Singapore’s role as Southeast Asia’s wealth gateway. 63% of Singapore entrepreneurs live across multiple markets, above the global average of 56%.
Globally, 59% of entrepreneurs are moving wealth abroad, 57% are considering relocation, and 49% plan to expand into new markets. Despite market volatility, 94% remain optimistic about business prospects and 90% expect personal wealth growth, with technology and AI driving confidence.
Singapore entrepreneurs are even more bullish. 95% expect wealth growth, 97% are positive about their business outlook, and 41% see AI as a major growth driver.
Succession planning and legacy remain top of mind, with 49% concerned about structuring business transfers and 43% citing family discussions as a challenge.
Singaporean entrepreneurs are also more likely to reinvest wealth into their own businesses, hold cash, and diversify into life insurance, private assets, and property.
Discretionary spending is another standout. 61% spend on luxury travel, 59% on high-end fashion and jewellery, 56% on cars, and 53% invest in fine wines compared to a 26% global average.