To understand China, you have to understand the wealthy in the country, says Hurun Rich List founder Rupert Hoogewerf in the China Daily. By analyzing their lives, Hoogewerf hopes to add to transparency, he says.
The China Daily:
Rupert Hoogewerf, whose Chinese name is Hu Run, is the publisher of the Hurun Report, andhe says if you understand the story of wealthy Chinese, then you will understand the story ofmodern China.
The Hurun Report, viewed as the voice of the Chinese entrepreneur, is best known for its”China Rich List” which has been published since 1999, and which ranks the wealthiestindividuals in China.
“The key thing I do is try to encourage transparency, because if you can be transparent, thatmeans you can take responsibilities. If you can take responsibility, that means you areprobably good for society,” Hoogewerf told China Daily in an exclusive interview.
He commended Jack Ma, the founder of e-commerce giant Alibaba, saying even though hisbusiness is very complicated and large, he is very transparent. “Everybody knows what he isdoing, which means he must be responsible, otherwise he will get into a lot of trouble,” headded.
“What makes the Chinese entrepreneurs very interesting for me is that they are learningtogether and building the experience together, that makes a very fast-growing and dynamicgroup of people, which I think by comparison that the UK does not have,” said Hoogewerf.
He is, he said, a little disappointed when he sees that most UK entrepreneurs only act on theirown, adding “maybe because there are less of them, there does not seem to be the samelevel of ‘let-us-build-together’ sort of mentality.”
Are you interested in more stories by Rupert Hoogewerf? Do check out this list.