It’s Raining BILLIONAIRES in China!

Fifteen years ago, the world’s most populous country had no billionaires. As the Chinese economy flourished over the years, the number of billionaires grew to 373 (97% of them being self-made) with a total wealth of $1.1 trillion at the end of 2017. This growth has been spurred by excellent economic and market conditions, a population that is unprecedented in terms of size, innovations in areas such as technology and e-commerce, and China’s protectionism against global tech competitors. China has overtaken the US as the place where exceptional wealth is created at the fastest rate. At this pace, China could eventually overtake the US as the global “billionaire hotspot.”


    Get all of our articles and insights as soon as they're published.

    By sharing the information you have entered, you give your express consent to SG Analytics to use the provided information to contact you with relevant information related to its offerings and services as and when required. SG Analytics secures all your personal information from unauthorized access, use or disclosure. For more information, please visit our privacy policy.