Sihai network

Billion yuan family assets in Chinese mainland, up to 110 thousand households.

Billion yuan family assets in Chinese mainland, up to 110 thousand households.

Sihai: as of December 31, 2017, the Chinese mainland has an ultra high net worth household of 110 thousand yuan, an increase of 11.2% over the same period last year.

From the distribution of provinces and cities, Beijing, Guangdong, Shanghai and Zhejiang have the largest number of ultra-high net worth families, all exceeding 10000. Beijing is still an area with the largest number of ultra-high net worth households with assets of RMB 100 million, an increase of 2500 over 2017 to 19900, an increase of 14.4%.

How far are you from the '100 million yuan household'?

Family assets exceed 100 million yuan. What is this concept? I believe many citizens will feel "Arabian Nights". In fact, in Chinese mainland, 110 thousand families have realized billions of assets and successfully promoted the family of 100 million yuan assets. This figure increased by 70% compared with five years ago, and the average age of ultra-high net worth people with assets of RMB 100 million was 47 years old.

The above data is shown in the 2019 China family wealth sustainable development report - focus on family trust jointly released by CCB trust and Hurun Research Institute on June 27. The research report mainly studies the basic characteristics of China's ultra-high net worth population, the demand for family wealth management, the cognition and expectation of family trust, as well as the development status and Prospect of domestic family trust.

For families with billions of assets, 'Entrepreneur' is their most recognized social identity. Their attitude towards life is positive and optimistic, and 71.1% of ultra-high net worth people feel obviously happy. Under the dual pressure of work and life, ultra-high net worth people with strong economic strength also pay more attention to health preservation. They have the highest anxiety about health / medical treatment, followed by children's education. Swimming, golf and yoga are their favorite sports.

In terms of investment, more than 60% of ultra-high net worth people believe that they will still adhere to the concept of 'active investment' for investment activities. They have diametrically opposite attitudes towards real estate and stocks. In the next three years, their personal preferred investment method will still be real estate. Among them, 22.6% of respondents said they might increase overseas investment in the future, while only 10.7% of respondents chose to continue to invest in the stock market.

The research shows that the wealth management needs of China's ultra-high net worth people have gradually focused on the steady preservation and orderly inheritance of wealth. It is predicted that 60 trillion wealth will be passed from the first generation founders to the second generation in the next 30 years, which will bring great development opportunities for family trusts.