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How super rich live in China

By Wang Qian | China Daily | Updated: 2008-07-25 07:27

Being rich in China does not mean all are living like aristocrats, a recent 2008 Hurun Report of New Aristocracy, said.

"Being rich and living the life of an aristocrat are not the same thing," Rupert Hoogewerf, author of the report, said. He is better known by his Chinese name Hu Run.

An aristocrat in China generally spends about 4.57 million yuan ($672,000) a year, and much of it on a premium standard of living.

How super rich live in China

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