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 →
Sales of yachts in China are under pressure, WSJ wealth editor Wei Gu notes at the Hainan Rendez-Vous, caused by China´s anti-corruption drive at the China Real Time of the WSJ. It did not help that last year sex-and-drugs stories emerged from the 2013 fair.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 →
Nanjing-based tycoon Chen Guangbiao latest tour to the US, including a bid for the New York Times, gave him quite some attention, and certainly caused laughter too. WSJ wealth editor Wei Gu explains in the Wall Street Journal why his preposterous business card might deserve a revamp.Read More →
The latest bid for the New York Times by tycoon Chen Guangbiao might have been a joke, but there are good reason for Chinese entrepreneurs to go abroad. WSJ´s wealth manager Wei Gu discusses with CEIBS´Oliver Rui why their position with local government is a key reason to invest.Read More →
As stories about sky-high debts go around in China, and operational costs rise, WSJ wealth editor Wei Gu discusses with Oliver Rui, co-director of CEIBS Kaifeng Center for Family Heritage, the most important lesson from Asia’s richest man, Li Ka-shing: keep your debts low, especially when rising costs hurt your business.Read More →
Sport facilities have become the latest key asset to attract Chinese and their money into property and tourism. Business analyst Shaun Rein tells WSJ’s wealth editor Wei Gu that now Chinese can actually see since January how polluted their cities are, health and wellness are high on the agenda.Read More →