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Chinese rich have bought dozens of French chateaux in past 4 years-BBC

December 21, 2013

12/21/13, “Billionaire Lam Kok feared dead after French vineyard sale,” BBC

“China has recently become the largest export destination for Bordeaux wines.

Over the past four years, dozens of French chateaux have been bought by Chinese investors.” (item at end of article)

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12/2/13, “China Boasts Most Billionaires After U.S.,” world.time.com

“And nearly all are self-made — fewer than one in 10 inherited their wealth.”

“According to the Billionaire Census 2013, China now has 157 billionaires with a combined net worth of $384 billion. Reflecting China’s rapid economic rise of recent years, nearly all of the surveyed billionaires are self-made — fewer than one in 10 inherited their wealth. The country’s new super-rich are also relatively young. China’s billionaires have an average age of 53 — nine years younger than the global average.”…

 

 

 

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