Why is Switzerland home to so many billionaires?

The 5 places with the most billionaires per resident: 1) Luxembourg - 20,156 residents per billionaire 2) Hong Kong - 66,723 residents per billionaire 3) Switzerland - 79,445 residents per billionaire 4) Singapore - 104,389 residents per billionaire 5) Qatar - 217,769 residents per billionaire Source: Wealth-X, an Altrata company

This administration has no idea how people are suffering, things are getting so much harder we can't take it no more. A lot of people are financially struggling to put food on the table and a roof over their head, I appreciate your advice Walter James Henry. Imagine I invested $2,000 and got $10,600.

I was born in the US and now am a dual citizen of the US and Switzerland. Switzerland is a well oiled machine with a highly efficient political and educational system. The fact that there are many different political parties who all gain some seats in parliament and have some influence leads to a lot less polarization between those with different opinions. This means that no one party ever has full control and almost everyone feels represented in the government and in policy. Instead of a president, Switzerland has a federal council of 7 members from different political parties and with different backgrounds. These are just a few of the things that keep Switzerland safe from the kind of polarization and instability we are seeing right now in the US and many other countries.

The goal of a retirement plan is to accumulate enough savings to maintain a desired standard of living during retirement, covering expenses such as housing, healthcare, and leisure activities, without relying solely on Social Security benefits or other forms of income. I'm lucky to have heed to Advice of my FA.

Note how they dont speak of the poor but only those who are not as rich. That was so interesting to me. Basically, everybody's okay. They may not earn as much but they are not poor. How eye-opening that thats actually possible in a society. I love that. So inspiring.

the real question is are these Billionaires really Swiss or just considered Swiss on paper.

Tbh when i think of Switzerland i think of luxury watches and a safe heaven…

A common misbelief is that all swiss are rich. This is mostly based on the high salary of the average citizen however the cost of living is ridiculously high as well. This makes you an average person in switzerland but a rich in other countries as prices are lower. This is even more true when the swiss franc is strong compared to euro for example. This is part of the reason why lots of swiss love leaving the country during holidays hahaha !

The flag is a big plus

Success is not built on success. It's built on failure, It's built on fraustration. it's built on fear that you have to overcome. I pray that anyone who reads this will be successful in life

"Luxury chocolate" shows averaged priced supermarket chocolate ^^

Not anymore. Wages are still the same but everything around has increased. Being poor in Switzerland is a real thing, but media prefer to put the emphasis on billionaires.

Switzerland's financial and precision industry is really advanced, and the scenery is beautiful too. It's quite a developed country. I bet most people would really want to visit there.

"like the poor, no, we are not poor, but the less rich"

If u give too much protection to rich's money, every rich in the world move towards ur country.

Most Norwegian billionaires just moved there too.

I'm a Jillionaire from Mars. Elon tried to catch me.

I lived in Switzerland for four years of my life. Those years were actually the finest in my whole life. Switzerland is a fine country; and its people are fine, too. In my opinion, Switzerland is the best country in the world in which to live. Unless one has lived there, it is difficult to describe its advantages.

it's called a tax haven for the rich or money laundering.

Me watching this broke af, in some 3rd world country in southern Africa