Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
China's mainland has over 825,000 multimillionaires: Hurun report
Adjust font size:

More than 825,000 people in China's mainland are multimillionaires, according to the Hurun wealth report released on Wednesday.

Among the wealthy, 51,000 have more than 100 million yuan, said the report.

It was the first report of its kind drafted by British man Rupert Hoogewerf, who has been compiling China's rich list since 1999.

According to the new report, the number of wealthy people with more than 10 million yuan in Beijing, Guangdong and Shanghai made up nearly half of the total.

Beijing, with a population at more than 16 million, boasts the highest number of millionaires -- at around 143,000.

The capital was followed by south China's Guangdong province, where the number of 10-million tycoons reached 137,000. The business hub of Shanghai has 116,000 such wealthy people.

The report showed that average age of the millionaires was 39, and those people fell into four categories: businessmen, those with high-profile jobs such as celebrities, those who earned money from housing trades and professional stock investors.

(Xinhua News Agency April 15, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Pet Name
China Archives
Related >>
- 320,000 multimillionaires in mainland
- Rich kids need lessons in thrift
- McKinsey: More rich in China by 2015

Apr. 11-12, Beijing The Fifth (2008) 'Gold Prize of Round table'of Chinese Boards of Listed Company
Apr. 17-19, Hainan The Boao Forum for Asia Annual Conference 20
Apr. 20-23, Beijing Green Transformation: Forcast New Business Culture
Apr. 27-28, Beijing China Institute Executive Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?