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China's super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine Beijing's war, zero-Covid-19 measures and falling mainland and Hong Kong stock markets pummelled fortunes, an annual rich list said on Tuesday.
The Hurun rich list, which ranks China's wealthiest people with a minimum net worth of 5 billion yuan (S$969 million), said only 1,305 people made the mark this year, down 11 per cent from last year. Their total wealth was US$3.5 trillion (S$4.9 trillion), down 18 per cent.
Meanwhile, the number of individuals with US$10 billion fell by 29 to 56, and the number of dollar billionaires dropped by 239 to 946 this year.
هذه القصة مأخوذة من طبعة November 09, 2022 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 09, 2022 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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DUO'S GOLDEN SLAM IS 'STUFF OF DREAMS'
Hewett and Reid finally add the Paralympic crown to their 21 Slams to emulate Djokovic