China’s super rich got $1.5 trillion richer during pandemic: report

China’s super rich got $1.5 trillion richer during pandemic: report

TheIndependent_Asia·2020-10-20 21:01

China’s super wealthy have earned a record $1.5 trillion in 2020, more than the past five years combined, as e-commerce and gaming boomed during pandemic lockdowns, an annual rich list said Tuesday.

An extra 257 people also joined the billionaires club in the world’s number-two economy by August, following two years of shrinking membership, according to the closely watched Hurun Report.

……

Read full article on TheIndependent_Asia

Finance Business