TravelPayOuts - Affiliation Program www. The report analyses the number of millionaires broken down according to their regional distribution across China, including analysis of their investments, consumption trends, charitable donations, social responsibilities, and media use. For the first time, this report also includes research on the media placement of high-end brands. At present, for every persons in China, there exists one millionaire.
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Wealth calculations are a snapshot of 31 January This is the eight year of the ranking. Despite the strong dollar and its tax cuts, the USA added only 13 billionaires, but made it harder for the rest of the world to make the cut.
But there were still new faces. USA billionaires narrowed the gap with China, the gap that had been growing for the past four years, reducing it to 74, down from last year. China entrepreneurs have the advantage of scalability and a strong venture capital scene. Automobile, financial services and jewelry sector lost 8, 7 and 5 billionaires respectively followed by pharmaceuticals and FMCG 4 each. How many billionaires are there in the world? While some go to extraordinary lengths to conceal their wealth, for the most part, billionaires just prefer to be discreet, to prevent competitors muscling in on a good business or to protect their families.
Over the past 20 years, Hurun Report has grown to become the world benchmark for tracking wealth creation. Correspondingly, Shimao Group is committed to build a more stimulating living environment for high net worth individuals.