A Profile of Beijing’s Millionaires

In the latest report to track China’s wealthiest people, we learn that Beijing has the most multimillionaires in China. The Hurun Report ’s newest publication titled “ China’s New Aristocrat Consumption Threshold Report ” lays out the details on Beijing’s estimated 43,000 multimillionaires and 8,800 billionaires. In comparison, Shanghai has 116,000 multimillionaires and 7,000 billionaires. The typical rich Beijing family profile is that of a couple in their 40s with a teenager. Annual spendin

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