|Singapore's richest people. (Source: Straits Times 29 July)|
Yesterday I received a call from my bank. It seems my very modest investment in a unit trust fund has tripled in value over a period of 10+ years. Great news indeed till I read in the Straits Times today Forbes latest list of Singapore's wealthiest people. Some of these individuals have doubled their wealth in BILLIONS in just ONE year.
|Malaysia's richest people.|
|Forbes 2011 list of the world's richest people.|
It takes money to make money. So the rich get richer. But then again, not all these billionaires started off rich. Apart from those who inherited their wealth, there are those who have put in years of toil and sweat to get to where they are now. These are the people who inspire the rest of us, and show us that dreams can come true provided we keep our focus.
If it's all about hard work, vision and passion, there's hope for the rest of us yet to make it to our country's list of wealthiest people. Any takers for exporting wantan skin?
But it's not all peachy and rosy for the rich, if you read the editorial in the Straits Times today. The rich have their problems as well, and depression is one of them.
|Straits Times 29 July|
The explanation given is that people in poor countries have basic needs e.g. food and shelter, which, when met, create immense satisfaction. People in rich countries, however, have needs that are more difficult to satisfy. Their money and material possessions do not always bring them happiness. When happiness eludes them, the result is depression and loneliness.
|A total of more than 11.3 million people are starving in drought-hit Kenya, Somalia and Ethiopia. (Straits Times 29 July)|
|Billionaires all: Bill and Miranda Gates with Warren Buffet|
|Chen Guangbiao, is China's first billionaire to answer Buffet's call to give away all his wealth. He is hoping he won't be the only one. (Pic: The Telegraph)|
Can our billionaires spare a thought for the elderly?