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China: extreme wealth still on the rise
How many billionaires does China have? Depends who you ask. A new report from WealthInsight puts the number at 195, much higher than estimates by other media. Overall, China’s rich are set to grow fast...
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The rich get less rich… but only in eight countries
Research company Wealth-X has released its annual report on “ultra high net worth individuals”. (For those prefer plain English, they mean the stinking rich.) The super wealthy in the west have got...
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Macau casino turnaround: follow the money
China’s anti-corruption campaign hit hard last year: sales of Maotai liquor are down, luxury sales are on the slide, and the number of high-end clubs and restaurants shrank. Everything, it seems –...
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