China No.2 in billionaires
China has more billionaires than any country except the United States, as soaring stock and property prices helped to boost wealth among the country’s super-rich.
The number of Chinese worth $1 billion or more jumped to 108, from 15 last year, growing much faster than in western countries, Hoogewerf said in his 2007 China “rich list,” which ranks the 800 wealthiest individuals in the country.
“There’s still plenty of growth opportunity as China’s top entrepreneurs turn their sights to the vast underdeveloped and largely unregulated economic hinterland,”
In a sign that China’s economic growth is largely driven by construction and manufacturing, rather than by science and technology, seven of China’s 10 richest people are mainly or partly in the real estate business.
Reuters
Ms. Wakame
Exactly.
nathan
When China has 1.3 Billion people and all of Europe only has around 810 Million, it’s pretty unlikely that any single European country is going to be able to have more billionaires than the Chinese tote. Percentages would probably be a better indication of which countries have the richest people.
For example, Wikipedia says that there are 371 billionaires in the US. With our population, that’s 0.00000123{a9f0d31f6175b3e4775e11a66c07db268fb74408d6095f6b46eeec420c0e9f62}. China’s percentage would be something closer to 0.00000008{a9f0d31f6175b3e4775e11a66c07db268fb74408d6095f6b46eeec420c0e9f62}, if I know how to do math, which I might not. Take the third most billionaire-populated country, Germany, who comes in at 0.0000006{a9f0d31f6175b3e4775e11a66c07db268fb74408d6095f6b46eeec420c0e9f62}, well above China.
Anyway, that’s all boring and not at all the point of your post, I realize.
It’s kind of freaky that China is getting so rich so quickly, they’ll all be driving cars and not giving a shit about the environment in record numbers, so that even if the US and Europe were to go completely Green in the next five minutes, Planet Earth is still fucked, right?
Natalia
Who are these Chineseians? Vee should likely bomb them, before the allure of greed and tax refunds overpower them like it did to you American swine.
Swine means pigs, by the vay, and pig isn’t a vord I mean to use to say “You are quite cute and successful in movies and surprisingly clean for your reputation.” I mean it like a man might say “Hey pig, shutup!”
But of course not to you, Olivia, because you are not a pig, but instead you are like a flower that has yet to vilt and die and get stepped on by a young American boy who’s shoes likely cost more than all of China’s billionaires combined.