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Guangdong overtakes Beijing as region with largest super-rich population: report

August 19, 2016


Abstract : BEIJING -- Guangdong Province, south China, overtook Beijing to be crowned the Chinese mainland region with the largest super-rich population, a report showed.

BEIJING -- Guangdong Province, south China, overtook Beijing to be crowned the Chinese mainland region with the largest super-rich population, a report showed.

The Chinese mainland was home to about 1.34 million high net worth individuals (HNWIs) with assets over 10 million yuan (1.51 million U.S.dollars) as of May this year, up 10.7 percent year on year, according to a report from Hurun Research Institute and Chinese insurance giant Taikang Life Insurance Co. Ltd.

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