China´s rich have often been blamed for spending less on charity compared to their compatriots in other countries. But slowly, things are changing, says Rupert Hoogewerf, founder of the Hurun China Rich list in the Guardian. “Philanthropy is becoming more sophisticated now,” said Hoogewerf. “The main cause they give to is education.”
Category Archives: billionaires
Two years ago China Rich List founder Rupert Hoogewerf or Hurun was the first to disclose that two-third of China´s rich had or wanted to have a foreign passport. That pull by foreign countries has not diminished, he tells in Ibtimes, but because multi-entry visa are easier to get, many do not need another nationality to live outside China.
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.”
Retail in Hong Kong faces a crisis now mainland shoppers vote with their feet. But Italian luxury lingerie brand La Perla opens a new flagship store in the embattled city. WSJ wealth editor Wei Gu tells in the Wall Street Journal what is happening.
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.
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.
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.