Reuters
Like many rich Chinese, graduate student Zayn Zhang thinks Singapore could be ideal to park his family's wealth. He's hoping that studying at a university in the Asian financial hub will lead to permanent residency and while the 26-year-old hits the books, his wife is out looking for a S$5-7 million ($4-5 million) penthouse. Hosting discussions on topics like family wealth and sustainable investing, the forum at Singapore's Shangri-La hotel was attended by hundreds of wealthy people, many bedecked in designer gear from Hermes belt buckles to monogrammed Gucci shawls and the latest Dior bags.