Why You Should Learn How the Chinese Manage Wealth

Why You Should Learn How the Chinese Manage Wealth

By Financial Imaginer

We selectively attend to what we believe is true. As the notorious Dan Sullivan has said, “Our eyes only see and our ears only hear what our brain is looking for.”

Hong Kong in the clouds

What’s hiding under the clouds?

With other words, by right, we should all have one or two blind spots. Being aware of them is a first step, however, we should “learn to unlearn” them. In my experience and work with the wealthy of Asia and without wanting to make a political statement here, I believe we in the West don’t know enough about the East – and it would be beneficial for us to change that.

Recently this picture was shared in the international press:

Do you know this group of men? Any of them? Well, they are all Chinese gentlemen in their late 30’s and early 40’s. What do they have in common? Besides being Chinese, they are all extremely successful internet entrepreneurs, and yes, most of them are billionaires.  As a matter of fact, only a few hand selected individuals in the West recognize them.

Did you know that Asia is home to the most billionaires with China leading the pack? Two billionaires are “minted” in China every week! In average puttygen download windows , the Chinese billionaire reaches this status 6 years earlier than their U.S. or even 7 years ahead of European peers at age 55.

While certainly much more volatile than the West, the Chinese economy is advancing at a breath taking pace and with unprecedented magnitude. Just have a look at the projects that are about to become reality in the next couple of decades:

https://www.youtube.com/watch?v=gNE7VPtvfbI

To continue reading, please go to the original article here:

https://www.financial-imagineer.com/why-you-should-learn-how-the-chinese-manage-wealth/