Top 10 Chinese regions with most HNW families
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Beijing has the most high net worth families with 288,000, followed by Guangdong province and Shanghai with 285,000 and 249,000 respectively, according to Hurun China HNWIs Quality of Life Report 2020.
The report said China has 1.58 million high net worth families with at least 10 million yuan ($1.53 million) of investable assets, and 104,800 ultra high net worth families with at least 100 million yuan of investable assets.
Now, let's take a look at the 10 provincial regions with the most high net worth families.