Private firms in China are 95% family-owned, but after a generation of development, many firm have problems in changing into new generation, writes China rich list Hurun founder Rupert Hoogewerf in the Global Times, as internal power struggles develop.Read More →
China’s rich saw much of their capital shrink over the past year, the 14th Hurun rich list disclosed yesterday. But looking at the past decade, wealth still has boomed tremendously, adds Hurun founder Rupert Hoogewerf in Reuters.Read More →
Almost half of China’s top-1000 wealthy saw their resources decline, according to the 14th annual Hurun Report, published today. The total number of billionaires dropped and 37 even lost more than half of their wealth, says Hurun founder Rupert Hoogewerf. Read More →
Much of the consumption power is in the hands of China’s 2.7 million millionaires (in US dollars). China rich list founder Rupert Hoogewerf or Hurun gives in Adage the profile of the super rich.Read More →
The economic slowdown is now also hurting the confidence of the luxury consumers, concludes rich-list founder Rupert Hoogewerf or Hurun, based on the 2012 Hurun Luxury Price Index, quoted in the China Daily. Growth is the lowest in six years time.Read More →
The economic boom in China of the past 30 years has Chinese investors made used to getting high returns on their investments, tells China Rich list founder Rupert Hoogewerf to the BBC.Read More →
Australia scores high among China’s rich, not only as travel destination, but also as place to live, notes China Rich List founder Rupert Hoogewerf in The Sydney Morning Herald, after the release of a new report.Read More →
China’s extreme rich are very young compared to the billionaires elsewhere in the world, but they are getting older. The Hurun rich list of those under 40 years old, composed by Rupert Hoogewerf, lost 23 over last year, because they turned 40, he tells in China.org.cn.Read More →
France is the top destination of luxury traveler, followed by the US and Australia. The Maldives, Switzerland and Dubai are the fastest growing, tells Rupert Hoogewerf, founder of the rich list in the Shanghai Daily.Read More →
Young billionaires worldwide tend to inherit their capital, but not in China. In China very few of the rich inherit their wealth, tells Rupert Hoogewerf of Hurun of the China Rich List in the Shanghai Daily.Read More →
We noted already in April the storm of news coming over us, May has not been different. The fall out of the Bo Xilai case, a anti-foreigner drive in Beijing, bringing CCTV anchor Yang Rui in the limelight. And two of our speakers, Shaun Rein and Tom Doctoroff are in the middle of the promotion campaign of what promises to be two bestsellers on China.Read More →
The wine market in China is still dominated by crazy prices for crazy bottles, but Hurun founder Rupert Hoogewerf expects the madness will phase out, and China will become a mainstream wine drinking nation, he tells The Telegraph.Read More →