Wang Jianlin

Businessman

Birthday October 24, 1954

Birth Sign Scorpio

Birthplace Cangxi, Guangyuan, Sichuan, China

Age 69 years old

Nationality China

#55433 Most Popular

1934

His father Wang Yiquan was a Peasant who fought for Mao Zedong's People's Liberation Army during the Long March (October 1934–October 1935).

Retired from the army just before the Korean War, his father, working for the forestry service, and mother Qin Jialin settled in a village in Jinchuan County, Sichuan, where their son would grow up.

His given name at birth was originally 建林 which can be translated as 'forest builder'.

Wang became a soldier at age 15, lying about his age, and made his way up in the army ranks quickly, becoming a commander at age 27.

1954

Wang Jianlin (born 24 October 1954) is a Chinese business magnate, investor and philanthropist.

He is the chairman, founder, and majority shareholder of the Dalian Wanda Group, one of China's foremost conglomerate companies, which is also well known for being China's largest real estate development company and the world's largest movie theater operator.

He previously owned 17% of the Spanish football club Atlético Madrid.

Wang Jianlin was born on 24 October 1954, in Cangxi County, Guangyuan, Sichuan, as the oldest of five boys.

1970

During his time in the army, he served in Chengdu, before being sent to the Shenyang Military Region in 1970.

1976

In 1976, he joined the Chinese Communist Party.

1986

After 17 years in the army, in 1986 Wang started working as the office administrator for the Xigang District in the city of Dalian.

1988

In 1988, using a $80,000 loan, he took over the small property developer Xigang Residential Development.

1992

In 1992, as the company went public as one of the first in a pilot program, he was promoted to general manager and changed the name to Dalian Wanda.

His conglomerate company owns over 21.57 million square meters of prime commercial real estate across the Chinese mainland, consisting of 168 Wanda Shopping Plazas, 82 luxury hotels, 213 cinemas, 99 department stores, and 54 karaoke centers.

2008

He is 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 vice chair of the China Charity Confederation; vice chair of the China Folk Chamber of Commerce; vice chair of the China Enterprise Confederation and the China Enterprise Directors Association; vice chair of the China General Chamber of Commerce; vice-chair of the Global Advisory Council of Harvard University.

2011

In 2011, he donated US$197 million to charitable causes, such as underwriting the restoration of an ancient temple in Nanjing.

2012

The company has also became the world's largest theatre owner in 2012 when it acquired AMC Theatres.

He bought out the American-based AMC Entertainment for US$2.6 billion.

He listed it on the New York Stock Exchange in December.

2014

He flew in leading Hollywood celebrities Leonardo DiCaprio, Kate Beckinsale, and John Travolta to help launch a US$8 billion mini-Hollywood in the coastal city of Qingdao in January 2014.

Wanda Group acquired the landmark Edificio España building in Madrid, Spain, in March 2014 from Grupo Santander for "about a third less than the €389 million that Banco Santander paid in 2005, at the height of Spain's construction boom".

Previously, Dalian Wanda had taken on billion-dollar hotel development projects in London and New York, as well as property projects in India.

In 2014, he acquired land at 9900 Wilshire Boulevard in Beverly Hills, California to build the American headquarters named "One Beverly Hills" of his entertainment company.

In 2014-2015 he donated US$200,000 for the restoration of the Electric Fountain in Beverly Hills, California.

2015

In January 2015, it was reported that he was buying a 20 percent stake in the Spanish football club Atlético Madrid for €45m.

2016

In 2016, Wang reached a deal with FIFA to launch the China Cup, in which national football teams compete in Nanning, Guangxi each year.

Wang has been the economic consultant for Yunnan province, as well as a construction consultant of the Guiyang government, and was named "honorable citizen" of Changchun, and "outstanding contributor" to the construction of Dalian.

In 2016, Wang launched a direct competition with Disney by declaring that he wants to make sure Shanghai Disneyland Park doesn't make any money in China by launching over a dozen competing amusement parks.

In November 2016 Wang's Dalian Wanda Group announced plans to acquire Dick Clark Productions for about US$1 billion, giving it the broadcasting rights to the Golden Globe Awards, the Academy of Country Music Awards, and the New Year countdown celebrations in New York.

Wanda already owns Legendary Entertainment, co-producer of films such as Jurassic World, and U.S. cinema chain AMC Entertainment Holdings.

The Economist has called Wang "a man of Napoleonic ambition", citing his military background in the PLA, where he rose from border guard to regimental commander.

He enforces "iron discipline" in the workplace, where employees are fined when they violate the company's conservative dress code.

Despite his age, he has a "trim figure".

At the age of 15, Wang started his 17-year service with the People's Liberation Army, initially as a border guard before rising to become a regimental commander.

2017

He served as deputy to the 17th National Congress of the Chinese Communist Party.

Wang is a delegate to the Chinese National People's Congress.

He was twice named CCTV's "Economic Person of the Year".

2018

He sold his stake to Quantum Pacific Group for an undisclosed fee in 2018.

2020

As of November 2020, Wang is estimated by Forbes to have a net worth of US$14.4 billion, making him one of the richest men in China.