Being rich in China does not mean all are living like aristocrats, a recent 2008 Hurun Report of New Aristocracy, said.

    "Being rich and living the life of an aristocrat are not the same thing," Rupert Hoogewerf, author of the report, said. He is better known by his Chinese name Hu Run.

    An aristocrat in China generally spends about 4.57 million yuan ($672,000) a year, and much of it on a premium standard of living.

    Hoogewerf said the report was compiled after analyzing the lifestyles of more than 100 super rich people in China and not all spend lavishly.

    To live the life of an aristocrat, those super rich people must have spent at least 83 million yuan.

    The report describes the life of a typical aristocrat.

    He is someone in his 40s, lives in Shanghai with his wife and has a son about 17 years old studying in Britain.

    He owns a villa in the city and an apartment in Beijing, has four cars in his garage including a Rolls-Royce Phantom for himself and a Mercedes-Benz ML500 for his wife.

    He enjoys playing golf and has paid more than 3.5 million yuan to join golf clubs in Shanghai and Beijing.

    Sometimes, he and his friends will charter a plane to play golf in Hainan province.

    He has four watches including a Vacheron Const