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Crisis?What crisis?rich get even richer.ppt

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Crisis?What crisis?rich get even richer

Crisis?What crisis? Rich get even richer On page 1 summary Important Details 1.The number of US dollar billionaires jumping from 101 to 130. 2.This year’s top 10 includes seven new faces, the largest number since the report started the rankings in 1999. The seven made their fortunes mainly in mining and real estate(房地产). 3. With assets of $5.1 billion, Wang Chuanfu jumped 102 places from last year to the number one spot. 4. Another fast riser this year was Paper Queen Zhang Yin, from Nine Dragons Paper, who is worth $4.9 billion and catapulted to the number two position. 5. Zhang and another 101 wealthy women account for 10.2 percent of the annual list of 1,000. 6. Chinese women make up more than half the population of the worlds richest self-made women. 7.Jin Yanshi, chief economist at Sinolink Securities in Shanghai, said: “In the 1980s, to be a Wanyuanhu was a great dream for many Chinese. 8. China has 825,000 individuals with a personal wealth of more than 10 million yuan and 51,000 individuals with more than 100 million yuan, according to the Hurun 2009 Wealth Report, released in May. vocabulary Financial crisis 金融危机 Rocket n.火箭 v.猛涨 Real estate 房地产 Catapult 发射器 Slipped 下滑 Entrepreneur [?ntr?pr?‘n?:] 企业家 Initiative 首创精神 Net asset 净资产 Comment The rich list reflects the changes in China’s economy and also people’s attitude and knowledge about wealth. Nowadays, the urban per capita disposable income rises with amazing speed. People’s living standards is improving constantly. Thank you for listening * Despite the financial crisis(金融危机), the ranks of China‘s super rich ballooned during the past year. China is now the world’s second-largest population of billionaires .The 1,000 richest’s average wealth rocketed(猛涨) by 30 perce

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