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Sep 17, 2013

Riches beyond compare: China’s new billionaires

Together, the top five richest people in China are as rich as Bill Gates, who recently regained his title as the richest man in the world. Property tycoon Wang Jianlin tops the list.

Myriam Robin — Media Reporter

Myriam Robin

Media Reporter

In 1999, when Rupert Hoogewerf, a chartered accountant, founded his China rich list as the annual flagship for the Hurun Report, there was relatively little wealth to speak of. China had no billionaires a decade ago. A year ago, there were 64. Last week, when the Hurun released its 2013 list, there were 315.

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One thought on “Riches beyond compare: China’s new billionaires

  1. MJPC

    “A society is only 3 meals from a revolution”; I bet the billionaires don’t get the adulation in China that has been effused in this article. I hope they can eat their money, because the environmental degradation unfettered communista-captitalism has caused there will cause untold social unrest as climate change gets a hold.
    Of course the West will welcome them with open arms because we like success stories without consequences don’t we.

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