Yachts and private jets appear to be the latest objects of desire for China’s uber-rich. Days after Forbes published its most recent rich list, Hurun Report has announced that it will launch a new magazine called Wings & Water to target the “so-called lion kings of China”.
The timing couldn’t be better. The number of China’s rich is astounding, but even more impressive is the pace with which Chinese billionaires are growing; ten years ago the country had 24 billionaires, today it has 115 billionaires.
The magazine, which comes hot on the heels of Horse & Polo - another Hurun Report magazine:
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