The costs of luxury goods are becoming more expensive, faster than the inflation rate, is one of the conclusions by the newest Hurun Luxury Consumer Price Index. Quality is taking over from quantity, suggests Hurun founder Rupert Hoogewerf in the Shanghai Daily.Read More →
Income inequality is nothing new in China, but as economic growth declines, inequality seems to grow disproportionately, writes financial analyst Sara Hsu in Triple Crisis. And that wealth moves abroad, in stead of helping the domestic economy to develop.Read More →
Rupert Hoogewerf, founder of the Hurun rich list, was one of the first to signal China´s rich are leaving the country massively. Now he has dived further into the motives, and found that finding good education for their children is one of the most important reasons, he tells in Fortune.Read More →
Classic tourists destinations like France are out for China´s rich, as they focus on more exotic destinations like the Arctic and Africa, reports the Wall Street Journal based on a new report by Rupert Hoogewerf´s Hurun Rich list. Only Switzerland survives in Europe.Read More →
Zeng Fanzhi, 50, is China´s best selling artist alive today with sales of US$84 million, according to the Hurun Art list 2014, published earlier this month together with Artron. The list offers an objective benchmark of Chinese artists, says its founder Rupert Hoogewerf in 4Hoteliers.com. Read More →
China´s billionaires not only spend a huge part of their money on luxury cars, they also make it from the car-industry, says Rupert Hoogewerf, founder of the Hurun Rich list in the China Daily.25 Percent of the super-rich in the automotive industry come from China.Read More →
China´s rich are leaving the motherland in a higher speed than ever, and pollution is one of the major driver behind this spike in emigration, notes China´s rich list founder Rupert Hoogewerf in Time.Read More →
Wednesday the annual National People Congress (NPC) gathers in Beijing, and among them 31 billionaires, according to the Hurun Rich List founded by Rupert Hoogewerf in the Hong Kong Standard. The NPC count close to 3,000 delegates.Read More →
China is second in the number of billionaires, only after the United States, according to the Hurun Global Rich List, published on Tuesday. Especially Chinese entrepreneurs are shooting up fast, tells Hurun founder Rupert Hoogewerf in the China Daily.Read More →
Eighty percent of China’s super rich send their children abroad for education, mostly to the US as the most popular destination and with the UK on the second place, told Rupert Hoogewerf, founder of the Hurun China Rich list on Friday, according to the ECNS.Read More →
Hurun published last week their annual Rich list, and its founder Rupert Hoogewerf has been wondering why women in China are doing so much better on this list, compared to other countries. One asset of the one-child policy.
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More than half of the world’s richest female entrepreneurs come from China, says the latest annual Hurun Rich List, according to the China Daily. A proof for China’s good business climate, says Hurun founder Rupert Hoogewerf.Read More →