Wang Jianlin
Wang Jianlin (b. 1954) is a Chinese businessman.[1] He is the Chairman of the Dalian Wanda Group.[2][3][4][5]
Biography
From 1970 to 1986, he served in the People's Liberation Army.[1][5] In 1986, he worked as Office Administrator for the Xigang District in the city of Dalian.[5] In 1989, he became the General Manager of Xigang Residential Development Company.[5] He was Head of Factory in a Jiangyin-based factory.[6] In 1992, he started working as the General Manager for the Dalian Wanda Group.[5] He has served as its CEO since 1993.[5] He has also been serving as Executive Deputy General Manager and Director in Jiangsu Jiangnan Water Co., a company in Jiangsu.[6]
In 1976, he joined the Communist Party of China. He served as deputy to the 17th National Congress of the Communist Party of China.[4][5] He now 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.[1][4][5] He is also a member of the China Entrepreneur Association, the China Enterprise Directors Association, the China General Chamber of Commerce and China Real Estate.[5]
He owns 9.03 million square metres of investment property, 49 Wanda Plazas, 26 luxury hotels, 86 cinemas, 40 department stores and 45 karaoke centres all around China. He is the 232nd richest man in the world, with US$7.1 billion.[3]
Timeline
1954
October 24, 1954, born in in Sichuan province to a military family.
1968
First Army posting to Inner Mongolia during the Cultural Revolution.[7]
1978
Selected to the military academy in Dalian. 18 years in the Army. Regimental commander officer
1986
Posted to work as office director of Dalian Xigang District Government
1988
Joins the Dalian Xigang District Housing Development Co, which later becomes Dalian Wanda
1994
Buys Dalian soccer club.
2000
Sells the Dalian soccer club. to Dalian Shide Group
2002
Sets up Dalian Wanda Commercial Property Co.
2005
Begins investing in culture and entertainment.
2007
Founds its first department stores and hotel business.
2012
Buys AMC Entertainment, the second-largest cinema chain in the US, for $2.6bn plus $500m in future investment.
References
- ^ a b c Jie Chen, Bruce J. Dickson, Allies of the State: China's Private Entrepreneurs and Democratic Change, Boston, Massachusetts: Harvard University Press, 2010, p. 55 [1]
- ^ Dalian Wanda Group board of directors
- ^ a b Russell Flannery, 'Real Estate Developer Wang Jianlin Tops New Forbes China Philanthropy List', in Forbes, Apr. 25 2011 [2]
- ^ a b c 2010 Forbes ranking
- ^ a b c d e f g h i http://www.weforum.org/contributors/wang-jianlin World Economic Forum biography]
- ^ a b Reuters
- ^ http://www.smhric.org/The%20Purge%20of%20the%20Heirs%20of%20Cenghis%20Khan.pdf