Category Archives: billionaires

Action needed to narrow wealth gap – Zhang Juwei

The wealth gap in China, reflected in the gini coefficient, is moving into dangerous heights, and government action is needed to narrow to divide between rich and poor, says professor Zhang Juwei, director of the labor and social security research center at the Chinese Academy of Social Sciences to the China Daily.

Outbound China investment experts at the China Speakers Bureau (updated)

2016 is going to be the year where outbound investments from China are going to be a major story. Not only generate IPO´s from Alibaba and JD, much capital that used to be locked up in China, is now looking for opportunities to go abroad. A few of our speakers at the China Speakers Bureau focus on that development.

One-child policy helped female billionaires – Rupert Hoogewerf

China is leading the ranks of female billionaires. Rupert Hoogewerf, chief researcher of the Hurun China Rich List gives a few reasons why women are doing better on his list. One of them is the one-child policy, he tells Caixin.

Fewer people have more wealth – Rupert Hoogewerf

More wealth is concentrated in less hands, and the pace is accelerating, says Rupert Hoogewerf, chief research of the China rich list Hurun after publishing his Hurun Global Rich List, according to the CNBC. And most billionaires are living in China.

Chinese investors shun Trump estates – Rupert Hoogewerf

Trump properties might have gotten some extra glamour after their name-giver became president of the United States. But China’s rich have historically shown very little interest in the Trump assets, says Rupert Hoogewerf, chief researcher of the Hurun China Rich List, and it is unlikely going to change, he tells the New York Post.

Beijing beats New York again as billionaire capital of the world – Rupert Hoogewerf

For the second year more billionaires call Beijing their home than New York, says the latest Global Hurun Rich List report. Concentration of capital into a few hands is outpacing the global creation of wealth, says Hurun chairman Rupert Hoogewerf to ECNS.

Most of China rich did not get a degree – Rupert Hoogewerf

If Bill Gates is a standard, getting an education degree is no measurement for later wealth. The Hurun China Rich list discovered that half of its listed 2,000 rich did not finish with a degree, says chief researcher Rupert Hoogewerf in Global Times. Partly that is caused by the chaotic times during the Cultural Revolution.

Disappearance of Xiao Jianhua: a show of power – Victor Shih

The still unresolved disappearance of billionaire Xiao Jianhua from Hong Kong has sent shivers among the financial elite. Right-fully so, says political analyst Victor Shih to Today. China´s central government wants to show who is in charge.

Xiao Jianhua: the bag man of the powerful – Rupert Hoogewerf

China´s powerful families use so-called “bag men” to deal with their wealth. The disappeared billionaire Xiao Jianhua was such a bag man, according to China rich list producer Rupert Hoogewerf, including the family or president Xi Jinping to the Financial Times. Finding information on Xiao had been tough.

Who is Xiao Jianhua – Rupert Hoogewerf

Billionaire Xiao Jianhua suddenly disappeared this week from Hong Kong, triggering off rumors of him being kidnapped into mainland China. The South China Morning Post says it received confirmation. China´rich list expert Rupert Hoogewerf or Hurun gives in AP some background on this business partner of some of Xi Jinping´s relatives.