US media: 27000 Chinese with net assets of more than US $30 million, ranking first in Shanghai

category:Finance
 US media: 27000 Chinese with net assets of more than US $30 million, ranking first in Shanghai


Chinas economy has grown exponentially over the past 20 years, with more than a quarter of the super rich under the age of 50, well above the global average of just 13%. In addition, more than 90% of the super high net worth people are self-made rather than rich by inheritance.

In terms of gender distribution, 86.7% of the super high net worth people in China (mainland) are men, while only 13.3% are women.

The financial and banking sectors have the highest proportion of super rich, 17.1%, followed by the real estate sector (12.1%) and the technology sector (11.3%). (translated by brauk Fang, Cui Xiaodong)

Source: editor in charge of global network: Chen Hequn, nb12679