China Now Boasts A Record-Breaking One Million Millionaires

Photo: Getty Images / China Photos

A wealth report performed by the Huran Report and GroupM Knowledge was released yesterday analysing China’s staggering number of millionaires and “super-rich.”There are now 1,020,000 millionaires in China–a national record–and 63,500 “super-rich” Chinese.

To be classified as a millionaire, the report stated the individual must possess more than RMB 10 million, or USD $1.6 million, while a “super-rich” individual required RMB 100 million (USD $16 million) or more.

For more details from the report, click here >

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