Wang Jianlin is a Chinese billionaire.
He is the Chairman of the Dalian Wanda Group, one of China's largest real estate developers,
and also the world's largest operator of movie theaters after the purchase of AMC Entertainment
Holdings for US$2.6 billion in 2013.
In 2014, Hurun Report ranked him as 26th richest person in the world, with US$25 billion.
The previous year, Forbes ranked him the 128th richest person in the world, with US$8.6 billion.
In August 2013, he was listed as the wealthiest person in China with a net worth of US$14.2
billion by Bloomberg.
In September 2013, his net worth rose to US$22 billion, according to Hurun Report.
Biography Wang Jianlin was born in October 24, 1954
in Cangxi County, Sichuan Province, China.
From 1970 to 1986, he served in the People's Liberation Army.
In 1986, he graduated from Liaoning University and started working as the Office Administrator
for the Xigang District in the city of Dalian.
In 1989, he became the General Manager of Xigang Residential Development Company.
He was Head of Factory in a Jiangyin-based factory.
In 1992, he started working as the General Manager for the Dalian Wanda Group.
He has served as the CEO since 1993.
He has also been serving as Executive Deputy General Manager and Director in Jiangsu Jiangnan
Water Co., a company in Jiangsu.
In 1976, he joined the Communist Party of China.
He served as deputy to the 17th National Congress of the Communist Party of China.
He now serves as the Vice-Chairman of the All-China Federation of Industry and Commerce,
and has been a member of the Chinese People's Political Consultative Conference since 2008.
He is also a member of the China Entrepreneur Association, the China Enterprise Directors
Association, the China General Chamber of Commerce and China Real Estate.
His company owns 9.03 million square metres of investment property, 85 Wanda Shopping
Plazas, 51 luxury hotels, 86 cinemas, 75 department stores, and 45 karaoke centres around China.
The company became the world's largest theatre owner in 2012 when it acquired AMC Theaters.
He bought out US-based AMC Entertainment Holdings for US$2.6 billion.
He listed it on the New York Stock Exchange in December.
He flew in celebrities Leonardo DiCaprio and John Travolta to help launch an US$8 billion
mini-Hollywood in the coastal city of Qingdao in September 2013.
He paid US$28.2 million for a Picasso painting.
He acquired UK yacht maker Sunseeker for US$1.6 billion.
He acquired a landmark building in Madrid for €260 million in March 2014.
He acquired the Edificio Espana from Grupo Santander at a discount of 33 percent from
the price that the Spanish banking giant had paid for the 25-story building in 2006.
Prior to jumping into the Spanish market, Dalian Wanda had already taken on billion
dollar hotel development projects in London and New York, as well as property projects
in India.
In September 2013 he announced plans to build the world's largest studio pavilion at Oriental
Movie Metropolis which include a 10,000 square meter studio and an underwater stage.
Personal Wang, a fan of folk music, has been known
to sing Tibetan and Mongolian folk songs at Wanda corporate annual meetings.
He is the oldest of five brothers born in Sichuan province.
His father fought for Mao Zedong's Red Army during the Long March campaign.
Mr. Wang has four younger brothers, each of whom lives in the family’s native Sichuan
province.
Wang Jianlin's wife Lin Ning owns social clubs in Beijing and Dalian.
Wang Jianlin has two sons and one daughter.
His son, Wang Sicong, currently has 2% of ownership of his father's empire.
References