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Wealth management

Report: Chinese millionaires set to grow 112pc by 2027, fueling global expansion of wealth

May 15, 2024

British department store Harrods has introduced the Harrods Residence, a private members' club in Shanghai, featuring exclusive perks such as access to Gordon Ramsay's first restaurant in China, a selection of rare whiskies and private jet services, with membership fees starting at approximately 20,000 euros ($21,700). Image: Harrods British department store Harrods has introduced the Harrods Residence, a private members' club in Shanghai, featuring exclusive perks such as access to Gordon Ramsay's first restaurant in China, a selection of rare whiskies and private jet services, with membership fees starting at approximately 20,000 euros ($21,700). Image: Harrods

 

By Luxury Marketer Intelligence

The number of millionaires worldwide is set to increase significantly by 2027, with China leading at a growth rate of 112 percent.

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