Philanthropy is booming in Singapore, spurred by the influx of wealth.
In 2021, assets under management in Singapore grew 16 per cent year on year to $5.4 trillion. The number of single family offices grew from 700 in 2021 to 1,100 at the end of 2022.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
