Luxury Daily
The authority in luxury news.
Dec. 20, 2025
  1. Kering to acquire jewelry manufacturer Raselli Franco Group
  2. Louis Vuitton introduces Visionary Journeys Seoul
  3. Exclusive Resorts purchases Inspirato for $59M
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Lamborghini heads to French Alps for women-led driving series
  6. Ennismore picks Bangkok site for first-in-region SLS Residences
  7. Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
  8. Off the Cuff: Getting to know luxury's top-tier talent in 2025
  9. Follow @LuxuryDaily for the latest in luxury news
  10. ‘The defining theme of 2026 is connection – between people, systems and senses’: The Future Laboratory
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Financial services

Chinese wealth becoming more concentrated: Hurun

October 11, 2018

Mandarin Oriental Shanghai China Half of China's wealth is controlled by 200 individuals and families. Image credit: Mandarin Oriental

 

By Sarah Ramirez

While the number of ultra-wealthy Chinese consumers has declined for the first time since 2012, the population of individuals with net worths of more than $290 million is actually greater than it was five years ago.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Kering to acquire jewelry manufacturer Raselli Franco Group
  2. Louis Vuitton introduces Visionary Journeys Seoul
  3. Exclusive Resorts purchases Inspirato for $59M
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Lamborghini heads to French Alps for women-led driving series
  6. Ennismore picks Bangkok site for first-in-region SLS Residences
  7. Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
  8. Off the Cuff: Getting to know luxury's top-tier talent in 2025
  9. Follow @LuxuryDaily for the latest in luxury news
  10. ‘The defining theme of 2026 is connection – between people, systems and senses’: The Future Laboratory
VIDEOS
More Videos

MORE IN Financial services
Chase opens new Sapphire Lounge in Las Vegas
American Express rolls out experiential series at F1 Las Vegas Grand Prix
59pc of entrepreneurs diversifying wealth abroad: HSBC
J.P. Morgan Private Bank grants access to new lifestyle services
New experiences await Amex cardholders at US Open 2025
Citi introduces luxury-focused Strata Elite Card



RECENT ARTICLES
Louis Vuitton introduces Visionary Journeys Seoul
Savannah College of Art and Design debuts SCAD LUXE research center
Exclusive Resorts purchases Inspirato for $59M

Brunello Cucinelli casts holiday spell with ‘Cinema Meraviglia’
Follow @LuxuryDaily for the latest in luxury news
Happy Holidays!