How Singapore became so crazy rich in 4 minutes

Despite its small size and lack of natural resources, Singapore has grown into a global economic powerhouse with a $501 billion GDP. How did it get there? Through strategic trade, industrialization, and finance, along with the visionary leadership of Lee Kuan Yew, Singapore transformed into a hub for business, banking, and innovation. This video breaks down the key factors behind Singapore’s success—and the challenges it faces today.
#Singapore #EconomicSuccess #LeeKuanYew #Finance #Business #Wealth #History #Economics

Citations

Zarroli, J. (2015, March 29). How Singapore became one of the richest places on Earth. NPR.

What lies behind Singapore’s economic success? – nova SBE role to play. – Nova SBE Role to Play. (n.d.-b).

Singapore – Data Commons. Home – Data Commons. (n.d.).

How Lee Kuan Yew transformed Singapore. World Economic Forum. (n.d.-a).
NIL:Sutherland, D., & Singapore, N. L. B. (n.d.). Premiership of Lee Kuan Yew.

Bloomberg Originals. (2024, May 10). How Singapore got so crazy rich [Video]. YouTube.

Wikimedia Foundation. (2018, January 19). File:1969 race riots Singapore.jpg. Wikipedia.

Wikimedia Foundation. (2025a, February 17). 1954 national service riots. Wikipedia.

Wikimedia Foundation. (2025b, March 4). Maria Hertogh. Wikipedia.

Wikimedia Foundation. (2025, March 8). Goh Chok Tong. Wikipedia.

Wikimedia Foundation. (2025d, March 23). Lee Kuan Yew. Wikipedia.