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A Profile of Beijing’s Millionaires

A Profile of Beijing's Millionaires

In the latest report to track China’s wealthiest people, we learn that Beijing has the most multimillionaires in China. The Hurun Report’s newest publication titled “China’s New Aristocrat Consumption Threshold Report” lays out the details on Beijing’s estimated 143,000 multimillionaires and 8,800 billionaires. In comparison, Shanghai has 116,000 multimillionaires and 7,000 billionaires.
The typical rich Beijing family profile is that of a couple in their 40s with a teenager. Annual spending for Beijing’s rich is roughly USD 850,000, including an estimated one-fifth of that going to charity. Tokyo and Osaka are top travel destinations, while BMW and Mercedes Benz are the [...]

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Mercedes Safety Research Car Returns

Mercedes Safety Research Car Returns

In the 1970s, Mercedes-Benz unveiled a range of experimental vehicles to research the future of safety system at the newly organized Enhanced Safety Vehicles conference.  Those safety research cars gave rise to modern innovations we take for granted like airbags and anti-lock brakes.  Now, Mercedes-Benz is bringing back the Experimental Safety Vehicle, hoping to once again push the boundaries of automotive safety technology.
The new ESV is a S400 Hybrid Sedan with 13 distinctly new safety features crammed in.  Some additions are relatively minor, like the Child Cam, which prevents driver distractions (and sibling tattling) by sending still images of the [...]

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Hijacking Fashion Week

Hijacking Fashion Week

An article looks at how brands are associating themselves with Fashion Week’s around the globe to raise their profile:

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