Ric Gazarian
Singapore is an incredibly successful country on the southern tip of
Malaysia. More than 5 million people are packed into this compact area.
It is a veritable smorgasbord of ethnicities, languages, and religions.
For instance, Singapore recognizes four languages: English, Malay,
Tamil, and Mandarin. While 75 percent of the population is Chinese, with
the remainder being mostly Malay and Indian, surprisingly a small
Armenian community played an outsized role in this city-state. Singapore
is the model of a successful free market economy, rated in 2013 as the
second freest economy. It has a per capita income that ranks third in
the world. To put that in perspective, one out of six citizens has a net
worth of over a million dollars even while excluding property!
