“Highly collaborative and versatile.” That is how Hurun rich list founder Rupert Hoogewerf describes the billionaires coming from Zhejiang province, China´s region that produces most billionaires than any other in China and the world. And it is not over yet, says Hoogewerf to CNN Money
One of China´s most prominent philantrophists, Chen Guangbiao, contributed much to the development of charity in China, but, says Rupert Hoogewerf or Hurun and publisher of a respected charity index, after investigations by Caixin he caused equally much embarrassment in the industry, he told the LA Times.
Taobao, Alibaba´s ecommerce platform, has become the country´s most valuable brand, beating China Mobile and Baidu, says Hurun´s lastest report. Hurun´s chairman Rupert Hoogewerf tells the South China Morning Post, he expects the value of the brand to rise even more.
European soccer clubs and their stakeholders look on with mixed feelings when yet another Chinese billionnaire sets his eyes on their clubs. But from the perspective of the Chinese billionnaires it makes perfectly sense, says Rupert Hoogewerf, founder of the China Rich List Hurun to the Telegraph.
China´s economy might be slowing down a bit, outbound tourism keeps on booming like before. Chinese tourists spend more per capital than any other natonality. In 2015 120 million Chinese spent in total over 100 billion US dollar, a double digit growth compared to 2014.
While there are some sure winning among the top destinations, Chinese tourists are fast looking for new trends, and the government is able to steer tourist stream to other countries, when political strubbles occur. Both Japan, France and Taiwan had now and then those political problems
China´s rich are changing the country´s agenda as the aging population focuses on health care and pensions, in the past often taboo subjects, says Hurun chairman Rupert Hoogewerf to FinNews Asia, after his research institute released another report. As the number of rich increase, so does they influence on the economy.
China ages and its wealthy are looking for new ways to invest their money and secure their future, says a new report by Hurun and Taikang Life insurance. “The aging group expects to lead colorful and relaxed lives, and also to travel extensively after retirement,” Hurun chair Rupert Hoogewerf said to Global Times.
China´s rich donate relatively little to good causes, but when they do, they prefer to use their own platforms, not third parties, to do so. They try to avoid charities like the Red Cross, says Rupert Hoogewerf, chairman of the Hurun institute to VOA, and look for more creative ways to donate.
Despite a relative slowdown in the country´s economic growth, China´s luxury price index saw the fastest rise in five years outpacing the CPI, show the latest report by the Hurun Institute, according to the Shanghai Daily. Luxury property, health and education are the driving forces, says Rupert Hoogewerf, Hurun Chairman.
China´s rich make more money than ever, but charity is not keeping pace with that growth, shows the latest Hurun Philanthropy Report. Some “are leaders of the new pack, and it’s still early days,” says Rupert Hoogewerf, founder and chairman of the Hurun Institute to Barron´s.