Currently of age 63, Wang Jianlin is recognized as a Chinese based business tycoon, depositor, and philanthropist. Essentially, he is known to be the originator of the multinational company entitled as Dalian Wanda Group. This company is the China’s biggest real estate kind of development company, and he is also renowned as the world’s major movie theatre operator. Net worth of Wang Jianlin is simply high as he is an experienced businessman and investor, get more details below:
Wang Jianlin Biography
Birthplace of Wang Jianlin is Cangxi County, located in China. It is known that his father struggled for Mao Zedong’s People’s Liberation Army throughout Long March. After span of sixteen years working in People’s Liberation Army, he began serving as Office Administrator intended for Xigang District in town of Dalian.
In year 1989, Jianlin transformed as General Manager for Xigang Residential Development. Moreover, he was known to be a head of Factory in Jiangyin-founded factory. In year 1992, he began serving as General Manager for Dalian Wanda Group, in which he served as a CEO since year 1983.
Moreover, he has too been operating as Assistant of Regional Manager, an Assistant Regional Manager as well as a Director in a firm named Jiangsu Jiangnan Water Co. It is found that his company possesses 21.57 million sq. mtrs based investment asset, 82 luxury hotels, 168 Wanda Shopping Plazas, 213 cinemas, 99 department shops, as well as 54 karaoke outlets across China.
This company turned out as the main theatre proprietor of world in year 2012 during the time it gained AMC Theatres. Also, he purchased U.S. centred AMC Entertainment at worth of US$2.6 billion. Furthermore, he recorded it on New York Stock Exchange. He later went to celebrities Kate Beckinsale, Leonardo DiCaprio, as well as Travolta to assist start $8 billion worth mini-Hollywood foundation in coastal town of Qingdao during year 2014.
In the same year, he declared strategies to create the chief studio pavilion of world at Oriental Movie Metropolis that encompassed 10,000 sq mtrs area studio as well as one underwater stage.
In the next year, it was stated that he was purchasing a 20% investment right in famous Spanish football club named as Atletico Madrid for worth of €45m. As per Hurun Report, in year 2014, this celebrity was known to be 25th richest person all over the world through worth of US$25 billion. In year 2015, he was listed as the richest person in Asia by Bloomberg through US$9.9 billion.
How much is Wang Jianlin Net worth in 2017
Wang Jianlin is primarily recognized as a Chinese based business tycoon possessing net worth of $31 billion US dollars as of 2017. He is regarded as one of the richest people all over China and for that appreciation goes to the implausible development of his company named Dalian Wanda Group Corporation Limited.
The one which was founded as a residential based real estate firm in year 1988, presently it is one of major multinationals of China with undertakings in real estate, hotels, tourism, and entertainment. Below his chairmanship, famous Wanda Group has developed extremely, and nowadays possesses 71 Wanda shopping plazas as well as 40 different five-star hotels all across China.
Regarding its greatest recent notable attainments, it encompass buyout of US founded cinema operator named AMC Theaters in year 2012 for worth of $2.6 billion, as well as the British based yacht builder named Sunseeker International in year 2013 for worth of $500 million. Presently, he owns many prominent positions as Vice Chairman of the China Enterprise Confederation, Vice Chairman of the China General Chamber of Commerce, Vice President of the All-China Federation of Industry & Commerce, and the China Enterprise Directors Association, as well as Vice Chairman of China Charity Alliance.
Wang Jianlin is presently known as a board member of famous Wanda Group as well as he served as a venture financier in China by his Beijing-founded private equity fund entitled as Prometheus Capital. Mainly, he accepted the position of Vice Chairman for any enterprises till date.