Wang Jing (; born 1972) is a Chinese businessman. He is the chairman and CEO of Skyrizon Aviation and Beijing Xinwei, a Chinese telecoms company. Among his major interests is the

HK Nicaragua Canal Development Investment HK Nicaragua Canal Development Investment Co., Ltd. also known as HKND was a private infrastructure development firm that is registered in Hong Kong. HKND was founded in 2012 with the purpose to develop the Nicaragua Canal as a wider and deeper a ...

(HKND) that manages the Nicaraguan Canal and Development Project to build the

Nicaragua Canal The Nicaraguan Canal ( es, Canal de Nicaragua), formally the Nicaraguan Canal and Development Project (also referred to as the Nicaragua Grand Canal, or the Grand Interoceanic Canal) was a proposed shipping route through Nicaragua to connect t ...

Early life

Wang was born in Beijing, and studied at

Jiangxi University of Traditional Chinese Medicine Jiangxi University of Traditional Chinese Medicine (), designated as a medical university in Nanchang, Jiangxi, is an institution of higher learning under the leadership of Jiangxi Jiangxi (; ; formerly romanized as Kiangsi or Chianghsi) i ...

without graduating. Later, he organized Beijing Changping Traditional Health and Culture School.

Career

In the 1990s, he went to Hong Kong to study finance and investment. In 1998, he founded Dingfu Investment Consulting Co. in Beijing and, in 2001, Hong Kong Divine (Dingfu) Investment Group Ltd. It is unclear how he later acquired a large 37% stake in Beijing Xinwei Telecom Technology. When he sold his stake to a listed company now named Beijing Xinwei, his position in

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...

' listing of China's billionaires jumped from No. 94 in 2013 to No. 12 in 2014. Beside his interest in HKND, Wang has involvements in project consulting, mining and agribusiness. A project to develop a

Black Sea The Black Sea is a marginal mediterranean sea of the Atlantic Ocean lying between Europe and Asia, east of the Balkans, south of the East European Plain, west of the Caucasus, and north of Anatolia. It is bounded by Bulgaria, Georgia, Rom ...

deep water seaport north of

Sevastopol Sevastopol (; uk, Севасто́поль, Sevastópolʹ, ; gkm, Σεβαστούπολις, Sevastoúpolis, ; crh, Акъя́р, Aqyár, ), sometimes written Sebastopol, is the largest city in Crimea, and a major port on the Black Sea ...

is on hold because of political instability. In November 2015, it was reported that the

project had been delayed due to an environmental impact assessment and a collapse in the Chinese stock market which meant that Wang Jing's net worth, at one time over $10 billion, had significantly declined. According to Forbes, Wang Jing had a net worth of $3.3 billion in November 2015, which decreased to $905 million by October 2018.

References

{{DEFAULTSORT:Wang, Jing 1972 births Living people Businesspeople from Beijing Billionaires from Beijing Chinese company founders Businesspeople in telecommunications