Survey: Singapore to have richest people in 2050

The Knight Frank and Citi Private Wealth Report projects an annual per capita income of $138,000 for Singapore residents by 2050.

Hong Kong and Taiwan are next on the list. The report says Americans will be fifth on the list, with a six-figure per capita income of $101,000 per year.

The report predicts the 10 most affluent countries in terms of GDP per capita in 2050 will be:

1. Singapore
2. Hong Kong
3. Taiwan
4. South Korea
5. United States
6. Saudi Arabia
7. Canada
8. United Kingdom
9. Switzerland
10. Austria

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