Press Releases from OVG Marketing (2 total)
Chinese billionaires have 12% of the world’s wealth and counting
A new report by Forbes shows that, with the exception of the USA, China now has more billionaires than any other country on the planet.
Mainland China is now home to one hundred and fifteen billionaires. Hong Kong has thirty five and Taiwan twenty five.
Furthermore, almost all the billionaires in Thailand, Malaysia, Philippines, Singapore and Indonesia are of Chinese decent.
The report found that the two hundred and thirteen billionaires of Chinese…
2011 Wealth Report shows Asia catching the West
The 2011 edition of The Wealth Report by Knight Frank released on April 6th has revealed some interesting facts about high net worth individuals (HNWI) worldwide.
The report, produced in conjunction with Citi Private Bank, shows that globally HNWIs invest thirty five per cent of their wealth in prime real estate. This is second only to their investment in their own businesses.
For HNWIs in Asia, quality of education and taxes were…
