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.
A slower economic growth and dropping stock markets is not stopping the growth of superrich, says Rupert Hoogewerf, the founder of the Hurun China Rich List, in the Korea Herald. He expects a record high of 450 Chinese dollar billionaires, up 26% from last year.
Wealth creation in China has been amazing in the past decade, says China-rich list founder Rupert Hoogewerf at CNN. He traces now 360 dollar billionaires in China, up from only one. But the real number might be three times that figure, and 15% might actually vampire millionaires, whose wealth would vaporize if they would face day light.
The Hurun Report analyzed eight major trends of Chinese investors into the UK. Its founder, Rupert Hoogewerf focuses on private investments, who dominate China´s outbound investments. Here´s Hoogewerf´s list of leading Chinese companies, for 4Hoteliers.
First rich Chinese send their children. Then they invest in real estate. And then other investments and jobs for the locals follow. China Rich List founder Rupert Hoogewerf was the first to discover that trend, and his latest Hurun report shows the UK has been in 2015 a key winner of job creation, led by Huawei, he tells Xinhua.