|By 2020 Most Of The World's Super Rich Will Have Moved Their Money Out Of Switzerland|
|Business Insider, Linette Lopez, 17/04/2013 (traduire en Français )|
Switzerland is under siege
By 2020 the country will have lost its position as the number one destination for the wealth of the world's super rich to Singapore, says a report from private banking research group WealthInsight.
Switzerland had $2.8 trillion of that money. That's 34% of the pie, and more than anywhere else in the world.
But that's changing, and fast. Partly because governments have been scrutinizing traditional private banking centers like Luxembourg and the Caribbean lately, so the rich are looking for quieter places to base their cash.
In 2011 Singapore had $550 billion worth of private banking assets under management, in 2000 it had only $50 billion. That's massive growth that WealthInsight doesn't see that slowing any time soon.