For the first time, there are now more billionaires in China than in the United States.
The country boasts 596 billionaires, up 242 from last year, having added an astonishing five new billionaires each week in the past year, according to the 2015 Hurun Rich List. By comparison, there are 537 billionaires in the United States.
"China is now officially the most exciting country in the world for entrepreneurship. Just look at the sheer numbers of top entrepreneurs, eclipsing the US for the first time in its history," Rupert Hoogewerf, Hurun Report chairman and chief researcher, said in the report. "The China Century seems to have started earlier than many expected, although it will be a few years more before China overtakes the US in terms of GDP."
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4 comments:
So from this we can deduce that Communist China has just as much or more income inequality then Democratic USA. Who knew.
I bet. All the fake web sites that look legit and selling high dollar items that are counterfeit as hell. I was gotten by one last Xmas. Rushing to finish online. Beware this season.
It appears that the 2.1 trillion stated in the article as total wealth is the total of what all US billionaires have if I read it correctly.Excluding royalty,it would be possible for someone on earth to become a trillionaire,or is that totally unrealistic to even think such a thing?
10:23 The way the Fed keeps printing money in another 10-15 years that is a good possibility.
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