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

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

Malaysia today - World·2020-10-20 16:42

(NST) – 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.

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