Beijing rich does not always mean having a lot of cash at hand, unless your are one of the bigger property tycoons in China, says China Rich List founder Rupert Hoogewerf in the Hong Kong Standard. “I am interested to know how they are going to spend the money.”
Wang Jianlin, chairman of the China Wanda Group, tops the 2015 Hurun Property Wealth List, with 120 billion yuan (US$18.9 billion) in real estate. Property tycoon have been doing really well, says Hurun founder Rupert Hoogewerf in the China Daily, despite the relative drop in China´s growth.
China might already have produced more billionaires in 2015 than the US, in the category self-made billionaire women China does even better, according to the latest Hurun Richest Self-Made Women in the World 2015 report. They are a benchmark for women in business, says Hurun founder Rupert Hoogewerf in the Shanghai Daily.
Economic growth in China might be slacking, but the number of billionaires has grown in a record speed, says Hurun founder Rupert Hoogewerf in his latest report. With more than 200 billionaires more in one year, China overtook the number of US billionaires, he tells AFP.
While Apple´s iPhone 6S got an enthusiastic reception in Shanghai, some observers see some of the glory of the US giant is fading. Rupert Hoogewerf of the China Rich List…
With the growth of high net worth individuals (HNWIs) in China, services for them expand. The need for luxury retirement homes is one of them, a survey supported by the Hurun China Rich List is one of them, tells Rupert Hoogewerf, Hurun founder, at the Global Times.
China´s rich are perceived to be stingy when it comes to charity, but they do spend. Rich List Hurun founder Rupert Hoogewerf published his annual top-100 Philanthropists and explains to Barrons how they spend their givings. Jack Ma again keeps the top position.
The Hurun Global Chinese Rich List 2015 is out and counts more billionaires than ever. And at least six of them come from Xiamen, notes Hurun founder Rupert Hoogewerf. Over 1,577 people with a fortune of 2 billion yuan (US$320 million) are listed according to WCT and WhatsonXiamen. And 18% are women.
The anti-corruption campaign by President Xi Jinping has hit entertainment and the gift industry hard over the past years, tells Hurun Rich List founder Rupert Hoogewerf in the Financial Review and details the fallout. “We have seen the emergence of the so-called affordable luxury brands like Coach or Michael Kors.
Prices of luxury consumer goods have dropped for the first time in eight years, according to the Hurun Luxury Consumer Price Index, an annual study that gauges levels of top-end individual spending in China , writes the China Daily. Lowering of the prices is one of the reasons, says Hurun founder Rupert Hoogewerf.