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China’s nouveau riche
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  • More than 90 per cent of family offices in the region plan to increase or maintain existing private equity investments next year
  • The survey of 385 family offices globally shows a greater appetite in Asia for new asset classes like cryptocurrencies

The Chinese capital added 33 billionaires and now hosts 100, narrowly beating out New York, which added seven billionaires last year and currently hosts 99, according to the 2021 Forbes World’s Billionaires List.

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