Breaking news: there are now 174,000 millionaires in Singapore.

Wealth figure does includes the net value of your primary residence (market value of home minus outstanding debt).

My personal net worth is now US$1.5m, so I am a millionaire. I lead a simple life. No fanciful car. No fanciful condo. No partying with girls. No expensive holidays. No debt. Just a simple person. If you see me on the streets, you might think I am just a coffee shop uncle.