The number of wealthy families in China whose assets reach US$1 million exceeded one million last year, ranking the third in the world, after the US and Japan, according to Boston Consulting Group's recent report, the Beijing News reported.

In 2009, the figure was 850,000, while in 2005, 410,000. The BCS statistics only count families whose investable assets reach one million US dollars.

Related

• More Shanghai 'millionaires' appear
• Half of China's 383,000 millionaires are graduates
• Nation's millionaires multiply
• Bodyguards in line of hire for more people
• China has 340,000 millionaires
• Beijing tops Hurun rich list with 143,000 millionaires

Go to Forum >>0 Comments