rupert hoogewerf
Internet Celebrities Angelababy, Papi Jiang Are China’s Youngest Philanthropists
Hurun's latest philanthrophy ranking names some exciting young donors but suggests that charitable giving doesn't match the growth of wealth in China. Read MoreBoutique Hotels on the Rise as China’s Wealthy Splurge on Accommodation
China's wealthy are willing to spend more than ever on hotels, and they increasingly favor boutique hotels for their travel accommodation. Read MoreLuxury Price Increases In China Outpacing Inflation, Demand Still Up
With demand for "super toys" booming among well-heeled Chinese, prices for European and British yachts, jets and wine have shown some of the greatest increases this year. Read MoreDetails Emerge About The Hurun Report’s New Magazine For Chinese Billionaires, “Wings & Water”
Wings & Water will be the Hurun Report's fourth high-end magazine, after the Hurun Report (胡润百富), Hurun Polo (胡润马道), and the Good School Guide (名校指南) Read MoreRupert Hoogewerf: “Although China’s New Rich May Be Wealthy Or Powerful, They May Not Have Taste”
Rupert Hoogewerf, founder of the Hurun Report, recently spoke to Xinmin about the current state of the Chinese luxury market, and how the nouveau riche are currently shaping it -- both positively and negatively. Read MoreConsumption Standard For Chinese “New Nobility” Up 22% Over Last Year
According to the Hurun Report, a member of the new nobility should own three houses, an impressive art collection (probably of Chinese contemporary and traditional art), and spend around $1 million per year on luxury goods. Read MoreRupert Hoogewerf: Wealthy Chinese Are Country’s “New Nobility”
Everyone seems to agree that wealthy individuals in China are "mad for luxury," and that they're spending millions per year on it, but what exactly are they buying? Read MoreCartier, Bentley, Patek Philippe Among Chinese Millionaires’ Favorites On New Hurun List
Luxury business portal the Hurun Report has released the results of its newest "Best of the Best" survey. Although perennial favorites like Louis Vuitton maintained their dominance last year, brands like Cartier that increased their focus on China saw their popularity skyrocket. Read MoreChina’s Luxury Consumer: Young, Individualistic, And Ready To Shop
China's luxury market is clearly an important and exciting place to be right now, but beyond the sales figures it becomes clear that quantitative and qualitative considerations paint very different pictures of the current state of China's luxury industry. Read MoreBYD’s Wang Chuanfu Tops China’s Rich List On Heels Of Buffett Investment
Last week, we saw what the endorsement of a financial heavyweight like Warren Buffett can do for a little-known Chinese company, with the stock of Dayang Trands skyrocketing 71% following Buffett's praises of the company's bespoke suits. Read More