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News Link • China

The Wild Lives Of China's Young New Millionaires

• http://www.businessinsider.com, Matthew Kassel
 In China, it's estimated that there are close to a million millionaires and six hundred billionaires. Those numbers are going up, too: half the world's billionaires will come from China within the decade.

But how do they live? How do they spend their money?

A documentary put out last year by ABC Australia called "The Ka-Ching Dynasty" offers an intriguing look into the decadent and enterprising world of China's wealthiest people.

Whether it's young twenty-somethings snatching up sports cars or real estate moguls building hotels in a matter of weeks.


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