Former prime minister Zhu Rongji is the first senior politician on the latest annual list of philanthropists, made by the Hurun Rich List. Many new names suggest the industry is developing fast and maturing, says Hurun founder Rupert Hoogerwerf to Radio Australia. Zhu contributed YS$4 million in book royalties.
Finance and real estate produce most of the rich women in China, according tot the new 2014 Hurun China’s Women Rich List, with Yang Huiyan for the fourth time as number one. Women billionaires differ from the men in several ways, Hurun founder Rupert Hoogewerf told in WomenofChina.
The arrival of Alibaba´s Jack Ma at the top of the Hurun rich list, is part of a profound economic change in China, says Hurun founder Rupert Hoogewerf. New billionaires will be coming from new media and entertainment, while real estate, manufacturing and mining will lose their old positions, he tells in China Economic Net.
After Alibaba´s IPO, its founder Jack Ma now tops China´s Hurun rich list, says Hurun founder Rupert Hoogewerf to the BBC. “The entrepreneurial spirit that has caught China seems not to be abating”. Jack Ma has now a fortune of US$25 million.
Alibaba´s IPO might have made a lot of people and banks more wealthy, especially Hangzhou – the birthplace of the eCommerce giant – will benefit. Rupert Hoogewerf, founder of the Hurun rich list, expects more expensive sport cars in the Hangzhou streets, he tells in USA Today.
Where are China´s rich spending their money? Health care proves to be one of the major winners, show the annual Hurun rich report. Pressure on the rich is mounting, says Hurun founder Rupert Hoogewerf at CCTV, and so is their need for health care.
Making money does not yet mean you know how to behave in an international setting of fellow rich, China´s multimillionaires have discovered. Rupert Hoogewerf, founder of the China Rich List, sees a watershed in the community he studies, he tells Australian Financial Review.
Spending might be down, under the pressure of an ongoing anti-corruption drive, but the number of super-rich in China is going up, according to Rupert Hoogewerf, founder of the Hurun China rich list at AFP. Beijing is still leading before Shanghai and Guangdong.
The costs of luxury goods are becoming more expensive, faster than the inflation rate, is one of the conclusions by the newest Hurun Luxury Consumer Price Index. Quality is taking over from quantity, suggests Hurun founder Rupert Hoogewerf in the Shanghai Daily.
Tencent has become China´s most valuable brand in 2014, according to the latest Hurun report. A sign private companies are taking over the previously powerful position of state-owned companies tells Hurun founder Rupert Hoogewerf in the China Daily.