Macau set to overtake Qatar as world's richest place

The Casino Lisboa and Wynn Macau casino resort stand illuminated at night. The IMF says GDP per capita in Macau is set to surpass Qatar in 2020 - Bloomberg

HONG KONG: Qatar is on track to lose its status as the richest place in the world to the Chinese gambling enclave of Macau.

The global casino hub’s economy will reach the equivalent of about US$143,116 per person by 2020, according to projections from the International Monetary Fund. That will put Macau ahead of the current No. 1 Qatar, which will reach US$139,151 in the same time frame.