Shanghai-based Hurun Research Institute reports China has 55,000 businesspeople with a fortune of at least RMB110 million (US$ 16.5 million) who could retire from work at the age of 45 and devote themselves to "a pleasant retirement."
The report found that rich people look forward to world travel, improving their health, furthering their education and spending more time with their families and friends while devoting themselves to activities that would be of benefit to society.
Rupert Hoogewerf, the report’s compiler writes: "Nowadays, rich people are learning to taste their life instead of devoting themselves to busy work all the time."
The report shows that retired rich people go abroad more often than other wealthy people and pay more attention to their health. And, the report found, golf has become their favorite sport.
English People’s Daily Online reports some pay to send their offspring to the US, the UK and Canada for an international education.