Two years ago China Rich List founder Rupert Hoogewerf or Hurun was the first to disclose that two-third of China´s rich had or wanted to have a foreign passport. That pull by foreign countries has not diminished, he tells in Ibtimes, but because multi-entry visa are easier to get, many do not need another nationality to live outside China.Read More →
Beijing rich does not always mean having a lot of cash at hand, unless your are one of the bigger property tycoons in China, says China Rich List founder Rupert Hoogewerf in the Hong Kong Standard. “I am interested to know how they are going to spend the money.”Read More →
China might already have produced more billionaires in 2015 than the US, in the category self-made billionaire women China does even better, according to the latest Hurun Richest Self-Made Women in the World 2015 report. They are a benchmark for women in business, says Hurun founder Rupert Hoogewerf in the Shanghai Daily.Read More →
Economic growth in China might be slacking, but the number of billionaires has grown in a record speed, says Hurun founder Rupert Hoogewerf in his latest report. With more than 200 billionaires more in one year, China overtook the number of US billionaires, he tells AFP.Read More →
With the growth of high net worth individuals (HNWIs) in China, services for them expand. The need for luxury retirement homes is one of them, a survey supported by the Hurun China Rich List is one of them, tells Rupert Hoogewerf, Hurun founder, at the Global Times.Read More →
China´s rich are perceived to be stingy when it comes to charity, but they do spend. Rich List Hurun founder Rupert Hoogewerf published his annual top-100 Philanthropists and explains to Barrons how they spend their givings. Jack Ma again keeps the top position.Read More →
The Hurun Global Chinese Rich List 2015 is out and counts more billionaires than ever. And at least six of them come from Xiamen, notes Hurun founder Rupert Hoogewerf. Over 1,577 people with a fortune of 2 billion yuan (US$320 million) are listed according to WCT and WhatsonXiamen. And 18% are women.Read More →
A slower economic growth and dropping stock markets is not stopping the growth of superrich, says Rupert Hoogewerf, the founder of the Hurun China Rich List, in the Korea Herald. He expects a record high of 450 Chinese dollar billionaires, up 26% from last year.Read More →
About US$142 billion in capital left China in April and June, triggering off some concerns. But according to financial analyst Sara Hsu writes in the Diplomat, here there is no reason to worry. China is encouraging outbound investment programs, and then it is hardly a concern when capital actually leaves the country.Read More →
Spending patterns of the super-rich have change a lot, tells business analyst Shaun Rein at CNN, Now they focus on both art and exclusive travel. Sales of luxury goods are dropping, and many blame Xi Jinping´s anti-corruption drive, but the rich just make different choices, says Rein.Read More →
Fast moving changes among China´s ultrarich, business analyst Shaun Rein noted when he recently joined a millionaire on a trip to South Africa. Travel is hot for the rich, sharing their experiences over WeChat. Bling is out, feeling good is in, he tells at CNN.Read More →
Wealth creation in China has been amazing in the past decade, says China-rich list founder Rupert Hoogewerf at CNN. He traces now 360 dollar billionaires in China, up from only one. But the real number might be three times that figure, and 15% might actually vampire millionaires, whose wealth would vaporize if they would face day light.Read More →