Hurun’s wealth report on China’s rich came out at the end of July, a Taiwanese website summarizes the high points of the report:
63,500 individuals are members of the 100-million-yuan (US$15.7 million) club, 3,500 more than last year.
Beijing has the most wealthy individuals, followed by Guangdong and Shanghai. Only 16% of China’s wealthy are to be found in the country’s northeastern, southwestern, central and northwestern areas. […] Half of the 10-millionaires are entrepreneurs, 20% are stock investors, 15% are real estate speculators and 15% are executives. Their average age is 39 and the sex ratio is 6:4 by male to female. […] The report indicates that 16% of the individuals on the list have applied to become citizens of other countries and another 44% are considering doing so. Canada and the US are the top destinations. One-third already have assets abroad. Their overseas assets account for 19% of their total assets. Among those who do not have assets abroad, 30% plan to invest abroad in the next three years.
Hurun Releases 2012 China Wealth Report (WantChinaTimes.com)
