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With 95 percent of China’s richest people making rather than inheriting their fortunes, passing on their wealth to their kids is a new and anxious undertaking

hina's new billionaires will take part in the nation's "first-ever major intergenerational wealth transfer," which has them concerned about their children being up to the task, according to a report from UBS and PricewaterhouseCoopers.
1 year ago
Amedeo Tumolillo
By Amedeo Tumolillo
Amedeo Tumolillo is an editorial consultant with SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.
China in 2 minutes a day
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