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WANG JIANLIN (Chinese : 王健林; pinyin : Wáng Jiànlín; born October 24, 1954) is a Chinese businessman who is the founder of Dalian
Dalian
Wanda Group , China's largest real estate developer , as well as the world's largest movie theater operator. He owns 20% of the Spanish football club Atlético Madrid
Atlético Madrid
. In 2016, Wang agreed a deal with FIFA to launch the China Cup, which will see top international sides compete in Asia every year.

During the course of his career, Wang was the economic consultant of Yunnan province, as well as a construction consultant of the Guiyang government, and was named honorable citizen of Changchun city, and "outstanding contributor" to the construction of Dalian
Dalian
city.

CONTENTS

* 1 Early life and Career * 2 Politics * 3 Wealth * 4 Personal life * 5 References

EARLY LIFE AND CAREER

Wang Jianlin
Wang Jianlin
was born on October 24, 1954, in Cangxi County , Guangyuan , Sichuan
Sichuan
, China. His father fought for Mao Zedong
Mao Zedong
's People\'s Liberation Army during the Long March
Long March
(October 1934–October 1935).

After sixteen years in the People\'s Liberation Army , Wang started working as the Office Administrator for the Xigang District
Xigang District
in the city of Dalian
Dalian
. In 1989, he became the General Manager of Xigang Residential Development. He was Head of Factory in a Jiangyin
Jiangyin
-based factory. In 1992, he started working as the General Manager for the Dalian
Dalian
Wanda Group , where he has been CEO since 1983. He has also been serving as Assistant to the Regional Manager, Assistant Regional Manager and Director in Jiangsu Jiangnan Water Co.

His company owns 21.57 million square metres of investment property, 168 Wanda Shopping Plazas, 82 luxury hotels, 213 cinemas, 99 department stores, and 54 karaoke centres around China. The company became the world's largest theatre owner in 2012 when it acquired AMC Theatres . He bought out U.S.-based AMC Entertainment for US$2.6 billion. He listed it on the New York Stock Exchange
New York Stock Exchange
in December. He flew in celebrities Leonardo DiCaprio , Kate Beckinsale
Kate Beckinsale
, and John Travolta to help launch an US$8 billion mini- Hollywood
Hollywood
in the coastal city of Qingdao
Qingdao
in January 2014.

He was given by his father the landmark Edificio España building in Madrid
Madrid
, Spain, in March 2014 from Grupo Santander
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
Dalian
Wanda had taken on billion-dollar hotel development projects in London and New York, as well as property projects in India.

In January 2014, 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.

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

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

In November 2016 Wang's Dalian
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
The Economist
called him "a man of Napoleonic ambition", and 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".

POLITICS

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. In 1976, he joined the Communist Party of China . He served as deputy to the 17th National Congress .

Wang is a delegate to the Chinese National People\'s Congress . He was twice named CCTV 's "Economic Person of the Year". He 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 currently serves as 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
Harvard University
.

In 2011, he donated US$197 million to charitable causes, such as underwriting the restoration of an ancient temple in Nanjing
Nanjing
. In 2014-2015 he donated US$200,000 for the restoration of the Electric Fountain in Beverly Hills, California.

While Wang maintains a close relationship with the Chinese Communist Party, his personal motto is “stay close to the government and distant from politics.”

WEALTH

Wang Jianlin
Wang Jianlin
has been ranked prominently in worldwide billionaire lists for years.

The previous year, Forbes
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 numbers of the Hurun Report.

According to the Hurun Report , in 2014 he was the 25th richest person in the world with US$25 billion.

In 2015, Bloomberg , listed him as the richest person in Asia with US$9.9 billion.

According to Forbes
Forbes
, in 2016 he was the richest person in Asia with US$28.7 billion.

A year later, Forbes
Forbes
ranked him 18th in its 2017 World's Billionaires list, making him the richest man in China with a net worth of US$31.3 billion. However, on May 14, Jack Ma overtook Wang Jianlin
Wang Jianlin
as the richest man in China, thanks to Ma's Alibaba Group's inreases in stock prices.

PERSONAL LIFE

He is married to Lin Ning (Chinese : 林宁; pinyin : Lín Níng), and has a son, Wang Sicong (Chinese : 王思聪; pinyin : Wáng Sīcōng; born 1988), educated at Winchester College
Winchester College
and University College London in the UK. Wang Sicong is currently a board member of the Wanda Group and a venture capitalist in China through his Beijing-based private equity fund, Prometheus Capital (普思投资).

In December 2015 Wang Jianlin
Wang Jianlin
bought 15a Kensington Palace Gardens , London, for GB£80 million. The house was previously lived in by the Ukrainian billionaire, Leonard Blavatnik , who rented it during lengthy works on the house he owns opposite.

In July 2016 Wang Jianlin's book The Wanda Way: The managerial philosophy and values of one of China's largest companies was published globally by LID Publishing. The book includes his renowned 2013 ChinaCentral Television Voice interview, his speech and question-and-answer session to the Harvard Business School, and Wang Jianlin's business philosophy on Wanda's real estate, resort, and movie units. In 2016, Wang picked a fight with Disney by declaring that he wants to make sure the Magic Kingdom doesn’t make any money in China.

REFERENCES

* ^ "China\'s Richest Man Plans To Move Headquarters To Shanghai From Beijing". Forbes. Retrieved 11 May 2015. * ^ "Wang Jianlin". * ^ A B Profile of Wang Jialin, Forbes, March 2013 * ^ "Atletico Madrid: China\'s Wang Jianlin
Wang Jianlin
buys 20% stake - BBC News". BBC News. Retrieved 2016-04-26. * ^ "China to host new international tournament to boost national side". ESPNFC.com. Retrieved 2017-03-24. * ^ Vitae, China. "China Vitae : Biography of Wang Jianlin". www.chinavitae.com. Retrieved 2017-05-17. * ^ A B Wei, Michael (August 2013). "Property Mogul Emerges as China\'s Richest Person". Bloomberg News. Archived from the original on 23 August 2013. Retrieved 19 August 2013. * ^ "Biography of Wang Jianlin", World Economic Forum * ^ "Biography of Wang Jialin", Reuters * ^ Minder, Raphael (September 23, 2014). "Sale of a Landmark Skyscraper Puts Spain on the Map of Chinese Investors". New York Times. * ^ "China\'s richest man invests $8.2bn in world\'s largest film studio — RT Business". Rt.com. 2013-09-23. Retrieved 2016-01-26. * ^ Clifford Coonan, China\'s Wanda to Spend $1.2 Billion on Beverly Hills Entertainment HQ, The Hollywood
Hollywood
Reporter , 8/8/2014 * ^ "Atletico Madrid: China\'s Wang Jianlin
Wang Jianlin
buys 20% stake". BBC. 21 January 2015. Retrieved 14 July 2015. * ^ " Dick Clark Productions to Be Sold to Chinese Company for $1 Billion". The New York Times. 4 November 2016. * ^ "Deal to Buy Hollywood\'s Dick Clark Productions Falls Through". Fortune. Retrieved 2017-03-24. * ^ A B "It\'s a Wanda-ful life". The Economist. February 14, 2015.

* ^ "It\'s a Wanda-Ful Life; Dalian
Dalian
Wanda". The Economist. 14 February 2015. Retrieved 15 March 2015 – via HighBeam Research . (Subscription required (help)). * ^ "2010 Forbes
Forbes
ranking", Forbes * ^ Freeland, Chrystia (2013). Plutocrats: The rise of the new global super-rich. London: Penguin Books. p. 204. ISBN 9780141043425 .

* ^ "Chairman Wang Jianlin
Wang Jianlin
- Wanda Group". www.wanda-group.com. Retrieved 2017-04-14. * ^ A B Russell Flannery, Real Estate Developer Wang Jianlin
Wang Jianlin
Tops New Forbes
Forbes
China Philanthropy List, Forbes, April 25, 2011 * ^ City to Honor Wanda Group For Generous Fountain Restoration Gift, The Beverly Hills Courier , March 23, 2015 * ^ Forsythe, Michael (2015-04-28).