Chinese billionaires have lost one-third of their combined wealth over the past year, according to new research, reported CBNC Monday.
The world’s largest producer of alcohol from goji berries and an elusive tycoon have become the latest super rich Chinese investors to invest in Bordeaux wine estates. Already a prized investment for the increasingly wine-savvy Chinese, five more chateaux in the heart of France’s most renowned wine country have been snapped up in the past [...]
They’ve become one of the world’s most influential social groups and now a little more light has been shed on the makeup of China’s rising band of rich. The HSBC corporation and international research company Nielsen have just released their findings into a survey that attempts to dissect the makeup of the richest 10 percent [...]