Under a recent UN Development report, Hong Kong ranked No. 1 amongst the world's most developed economies for income inequality.
The richest 10% in the city receive 34.9% of the total income here, while the poorest 10% receive just 2%. Singapore came second and the US third.
BusinessWeek article on this here: countries-with-the-biggest-gaps-between-rich-and-poor: Personal Finance News from Yahoo! Finance
Any thoughts? What kind of examples of breathtakingly high incomes and/or expenses of certain people in Hong Kong do you know of?
What about extremely low incomes and/or expenses?