Thread: Avg Chinese Millionaire: 39, plays golf, 4 lux watches, owns iPad

A wealth report performed by the Huran Report and GroupM Knowledge was released yesterday analyzing 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.

There are 1.02 millionaires across mainland China, an increase of 6.3% over the previous year. The report also estimates that for every “known” millionaire, another two exist under the radar. Beijing is home to the highest number of wealthy individuals, with 179,000 millionaires and 10,500 super-rich (worth $16 million or more).

China surpasses one million millionaires | Business Insider | Financial Post

Average people gravitate towards golf. Rich people gravitate towards polo.