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Exposing all wealth for everyone's benefit

By Ma Hongman | China Daily | Updated: 2009-04-17 07:43

The recent Hurun Report on the number of multimillionaires in Chinese mainland has once again sparked people's doubts over the fairness of their huge accumulation of wealth.

According to the report drafted by Rupert Hoogewerf, the first of its kind, China now has an army of 825,000 individuals possessing a wealth of more than 10 million yuan, including 51,000 people who possess more than 100 million yuan. The Briton has been drafting the annual Hurun Rich List of tycoons and entrepreneurs in teh Chinese mainland since 1999. Qualified candidates in China's Hong Kong, Macao and Taiwan have been excluded from the survey.

The report, if scientific, would mean six out of every 10,000 people in the Chinese mainland possess more than 10 million yuan. Beijing tops the list with 143,000 individuals with more than 10 million yuan, including 8,800 people owning more than 100 million yuan, followed by Guangdong province and Shanghai, which have 137,000 and 116,000 respectively, according to the report.

Exposing all wealth for everyone's benefit

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