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Mukesh Ambani To Open Family Office In Singapore: Report

India.com Business Desk | Oct 7, 2022, 11:41 AM IST

Thanks to the low taxes and relatively secure atmosphere, Singapore has become an attractive destination for the ultra-rich to set up family offices. According to Singapore government data, 400 family offices have been established in Singapore as of 2020. It estimates 54 per cent of global family offices plan to increase asset allocations in Asia Pacific over the next five years.

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