China’s rich are becoming richer, reported the annual Hurun Rich list this week. The number of dollar billionaires went up with 27 percent, but – admits Hurun founder Rupert Hoogewerf in The Indepent, Although: “Valuing the wealth of China’s richest is as much an art as it is a science”.Read More →
The central government has been trying to cool down real estate, but when we look at the annual Hurun rich list, real estate is back at the top position as wealth creator, says Hurun chairman Rupert Hoogewerf at 4-Traders. And IT is following.Read More →
The confidence of China’s millionaires in the country’s economy has been dropping for the second consecutive year, reports the GroupM Knowledge-Hurun Wealth Report 2013. Their focus is on good health, tells Hurun president Rupert Hoogewerf in the China Daily.Read More →
The number of dollar millionaires in China has been booming over the past decade, together with its economic development. Hurun founder Rupert Hoogewerf has been tracking that wealth, he tells the China Daily, and the millionaires have become more cooperative over the years, he discovered.Read More →
China’s millionaires have discovered luxury cars as a favorite hobby, and own on average three cars per family. Hurun Rich List founder Rupert Hoogewerf got the figures together in his latest Hurun Report, he tells AFP.Read More →
Real estate and stocks might still top the investments of China’s rich, alternative investments like art, jewelry, fine wine and watches are gaining ground, according to Rupert Hoogewerf, in a new report of the Hurun Rich list, released this week, writes the Global Times.Read More →
For the second consecutive year donations by China’s philanthropists have dropped, Hurun Rich List publisher Rupert Hoogewerf told the Shanghai Daily. the top 100 contributed US$890 million in the past 12 months, a drop of 44% compared to 2012, and 53% compared to 2011, a year with many natural disasters.Read More →
The majority of China’s billionaires sent their kids abroad for education, an international outlook, to prepare to take over their business later, tells HURUN China Rich list founder Rupert Hoogewerf in the China Daily.Read More →
The world’s most successful luxury tycoons can be found in Paris, like Bernard Arnault of LVMH and Liliane Bettencourt of L’Oreal. Most of the luxury goods market is funded by Chinese shoppers, tells Hurun China rich list founder Rupert Hoogewerf in the People’s Daily.Read More →
Economic uncertainly and slower growth has not slowed down the growth of wealth, told China Rich list Hurun founder Rupert Hoogewerf on Friday in the Asian Financial Review. “Wealth is back.”Read More →
Getting in favor of China’s rich is easier for some brands than others. Retail analyst Paul French explains in Business Week why the plan to make champagne a hit, like cognac is already, might not work in the Middle Kingdom.Read More →
Money does not make happy, says the saying. China’s rich are now discovering that truth as the latest Hurun report indicates a dropping happiness among China’s rich. Insecurity is on the rise, tells Hurun founder Rupert Hoogewerf in CNN.Read More →