China’s real-estate bubble is still blooming, and the country’s super-uber-ridiculously-wealthy have been raking it in. Wang Jianlin, chairman of Dalian Wanda, saw his piddling US$12 billion double to US$25 billion over the past year, and 357 other lucky (to put it lightly) individuals are also floating above the US$1 billion mark.
The billionaire list, published by Hurun, counts “China” as the mainland, Hong Kong, Macau, and Taiwan (the last one probably being a bit unfair). According to the South China Morning Post, seven of the world’s “Top 10 Property Tycoons” were from China, and the Hurun list also includes tech entrepreneurs like Alibaba’s Jack Ma.
358 people represent about .000023% of the nation’s population, and they are the Picasso-buying, Jaguar-racing, luxury-snacking, dog-surgerying, upper crust; the gold layer around a society filled with pitiful thousandaire, blog-reading plebs.