{"id":115019,"date":"2025-11-03T04:26:12","date_gmt":"2025-11-03T04:26:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/115019\/"},"modified":"2025-11-03T04:26:12","modified_gmt":"2025-11-03T04:26:12","slug":"mainland-chinas-billionaire-count-rises-to-321","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/115019\/","title":{"rendered":"Mainland China\u2019s billionaire count rises to 321"},"content":{"rendered":"<p>By <a href=\"https:\/\/e.vnexpress.net\/author\/dat-nguyen-1171.html\" rel=\"nofollow noopener\" target=\"_blank\">Dat Nguyen<\/a>\u00a0 &amp;nbspNovember 2, 2025 | 03:45 pm PT\t<\/p>\n<p>Mainland China has seen its number of billionaire rising by 5.6% last year to 321, reversing a drop in recent years, according to a new report.\t<\/p>\n<p class=\"Normal\">This makes China the second biggest home for billionaires behind the U.S. with a headcount of 1,135 by last year, according to a recent report by New York-based data analyzing firm Altrata.<\/p>\n<p class=\"Normal\">Mainland Chinese billionaires collectively held about US$1.29 trillion in wealth, while their American counterparts had $5.74 trillion.<\/p>\n<p class=\"Normal\">Germany came third with 184 billionaires, followed by the U.K and Russia, both with 128.<\/p>\n<p class=\"Normal\">Altrata said that portfolios of the ultra-wealthy Chinese had been impacted by the property sector distress, regulatory pressure, softer domestic consumption and volatile capital markets.<\/p>\n<p class=\"Normal\">The global billionaire population climbed 5.6% in 2024 to reach a new high of 3,508 individuals.<\/p>\n<p class=\"Normal\">This was the strongest expansion since 2020, with wealth holdings bolstered by another year of robust equity returns.<\/p>\n<p class=\"Normal\">The total net worth of the billionaire class surged by 10.3% to a record US$13.4 trillion.<\/p>\n<p class=\"Normal\">This means that although billionaires comprise less than 1% of the global ultra-high net worth population, they hold almost a quarter of the groups\u2019 total wealth.<\/p>\n","protected":false},"excerpt":{"rendered":"By Dat Nguyen\u00a0 &amp;nbspNovember 2, 2025 | 03:45 pm PT Mainland China has seen its number of billionaire&hellip;\n","protected":false},"author":2,"featured_media":115020,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,81968,111,139,69],"class_list":["post-115019","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-mainland-chinas-billionaire-count-rises-to-321-vnexpress-international","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/115019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=115019"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/115019\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/115020"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=115019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=115019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=115019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}