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China's Richest Man Wang Jianlin and His Wanda Empire

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China's Richest Man Wang Jianlin and His Wanda Empire

Lishi Business Review,

5 min read
5 take-aways
Audio & text

What's inside?

How Wang Jianlin built his Dalian Wanda empire to become the richest man in China.

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Editorial Rating

9

Qualities

  • Innovative
  • Background
  • Inspiring

Recommendation

Bold and ambitious, Wang Jianlin built his company, the Dalian Wanda Group, into the world’s largest real estate company and cultural enterprise. This article from Lishi Business Review recounts Wanda Group’s journey from its humble beginnings and explains Wang’s background, leadership style and aspirations. getAbstract recommends this chronicle to business executives and anyone with dreams of getting extremely rich.

Summary

Wang Jianlin is the founder and CEO of Dalian Wanda Group, the world’s largest real estate developer and China’s largest cultural enterprise. With a net worth of $31.3 billion in March 2017, he is the richest man in Asia.

Wang was born in 1954 in Sichuan province. His father took part in the Long March and became a district bureaucrat after the Chinese Communist Party came to power. Following in his father’s footsteps, Wang joined the military and later worked for the regional government as the office administrator for Xigang district in the city of Dalian and later became general manager of state-owned real estate developer Xigang Residential Development. In 1992, when economic reforms sped up privatization of businesses, Wang received permission to privatize the branch. He renamed the company Dalian Wanda Realtor Group and became the company’s largest shareholder. Since then, ...

About the Author

Quanqiujun is the writer's screen name. He writes for “Lishi Business Review,” a subscription channel on WeChat that provides global business and management insights.


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