Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Is China the Top Country Wealthy People Choose to Live In?

We recently analyzed the distribution of wealth across the globe in a comprehensive report on the Top 20 Countries Wealthy People Choose to Live In and found that Asia is quickly becoming a hub for millionaires and billionaires. But which country hosts the most number of wealthy people? Is it China? Before we answer this question, let’s take a look at the economy of China.

China’s Wealth Overview

China is the largest economy in the world today, surpassing the US GDP (PPP) in 2024. According to the data from the IMF, China has a GDP (PPP) of $35.29 trillion compared to the US GDP (PPP) of $28.78 trillion. China is expected to continue its reign at the top and sustain its position as the largest economy in the world by 2100, with a projected GDP (PPP) of $101.86 trillion by 2100. China has the second largest population, with a total of 1.41 billion people, as per data from the World Bank. Despite such a large population, China still ranks among the wealthiest countries by per capita net worth. As of 2022, China had a per capita net worth of around $75,731. With a total wealth of around $84.48 trillion, China shares almost 18.6% of the total share of global wealth.

China’s Economic Slump, Is it Still the Best Country for Wealthy People?

China has been suffering from an economic crisis, mainly driven by the slump in its property market. The real estate giants including China Evergrande Group (OTC:EGRNF), Country Garden Holdings Company (OTC:CTRYY), and Zhenro Properties Group Limited (HKG:6158) are facing debt defaults. On April 12, the South China Morning Post reported that Zhenro Properties Group Limited (HKG:6158) failed to repay around ¥14.58 billion in principal and interest in senior notes, leading to ¥13.37 billion in defaults. By the end of 2023, Zhenro Properties Group Limited (HKG:6158) had ¥61.86 billion of outstanding interest-bearing debt, with almost 90% of that due in 2024. China Evergrande Group (OTC:EGRNF) was initially the one that triggered massive debt defaults back in December 2021. On January 29, Bloomberg reported that China Evergrande Group (OTC:EGRNF) was heading for liquidation after a Hong Kong court ordered it to be wound up. By the end of June 2023, China Evergrande Group (OTC:EGRNF) had total liabilities of over $333 billion.

The collapse in Chinese real estate in recent years has jolted one of the largest economies in the world and led to severe wealth destruction, erasing over $100 billion from the fortunes of real estate tycoons. Almost 155 billionaires lost the billionaire status in 2024, as per the Hurun Global Rich Report 2024. Despite such a big loss, China still has the most billionaires in the world in 2024.

China is a large economy and it has struggled due to deflationary pressures and the real estate market crisis. However, being a large economy, China is an economic force and controls 18.6% of the global wealth. In addition, China is the largest manufacturing country in the world and EV industry is one of its strongest markets. Chinese EV giants including Li Auto Inc. (NASDAQ:LI), BYD Company Limited (OTC:BYDDF), and XPeng Inc. (NYSE:XPEV) are some of the biggest EV producers in the world. According to a report by Trend Force, China has the largest share of NEVs, reported at around 60% of the global market share. In Plug-in Hybrid Electric Vehicles, BYD Company Limited (OTC:BYDDF) and Li Auto Inc. (NASDAQ:LI) have the largest global market shares at 33.8% and 9.6%, as of 2023. This shows China has a diverse business environment, paving the way for individuals to increase their wealth.

An expansive view of the cityscape, showing the impact of the company’s activities in China.

Is China the Best Country Wealthy People Choose to Live In?

China has the most number of billionaires at 814 in 2024. In 2023, China had 98,551 UHNWIs, individuals with a net worth equal to or more than $30 million. Moreover, the total number of millionaires, including UHWNIs, was around 6.23 million, as of 2022. China remains a hub for wealthy people, and you would be surprised to find out that it is not the top country where wealthy people choose to live.

To see the distribution of wealth across the globe and also the top country where wealthy people choose to live, see our comprehensive report on the Top 20 Countries Wealthy People Choose to Live In.

Disclosure: None. This article is originally published at Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…