China’s growing high-net-worth population is taking an increasing interest in the non-investment services family offices provide, according to experts from Asia Pacific, such as estate and tax planning, as well as education.
According to the RBC World Wealth Report 2015, China’s population of high net worth individuals (HNW individuals) grew 18% in the last year, and now sits at 758,000. The total wealth of this group grew 20.5% to $3.8 trillion.