- Bloomberg, Thursday, February 17, 2011 9:45 AM
A BMW 335i costs $260,000, but that price isn't fazing buyers who are flush with cash, because of record economic growth in Singapore. To buy a car there, one must traverse a gauntlet of licenses,
permits and fees, since the city is trying to cut back on cars and invest in public transport. But the ranks of millionaires in Singapore increased by 35% last year giving it the highest proportion of
millionaires of any country. What's a few hundred thou?
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