Bruno Wu
Bruno Wu | |
|---|---|
| 吴征 | |
 Wu in 2023 | |
| Born | Wu Zheng 1966 (age 58–59) |
| Alma mater | Culver–Stockton College (BA) Fudan University (PhD) |
| Occupations | Entrepreneur, media executive |
| Known for | Co-founding Sun Media Group; former chair of Wecast/Seven Stars Cloud (later Ideanomics) |
| Spouse | Yang Lan |
Bruno Wu Zheng (Chinese: 吴征; born 1966) is a Chinese entrepreneur and media executive. He co-founded the media company Sun Media Group together with television host Yang Lan in the late 1990s, and later chaired Wecast Network/Seven Stars Cloud Group, which was renamed Ideanomics.[1][2] In August 2024, the U.S. Securities and Exchange Commission (SEC) announced a settled enforcement action involving Ideanomics, Wu and others.[3][4] In 2016, Forbes estimated the family’s net worth at around US$1 billion.[5]
Education
[edit]Wu earned a B.A. from Culver–Stockton College in 1990.[6] He later completed a Ph.D. at the School of International Relations and Public Affairs, Fudan University.[7]
Career
[edit]With Yang Lan, Wu co-founded Sun Media Group around 1999, operating television and print ventures focused on the Chinese-language market.[1] He subsequently led and invested in media and technology companies. In the mid-2010s, he chaired Wecast Network (later Seven Stars Cloud Group and then Ideanomics), pursuing digital media and, later, clean-mobility investments.[2] Separately, Wu has been linked to roles at internet and media companies in China during the 2000s and 2010s; public company disclosures list him as a past director or chair in those contexts.[4]
SEC enforcement action
[edit]On 20 August 2024, Reuters reported that Ideanomics had settled SEC fraud charges tied to statements it made to investors; the report identified Wu among the respondents.[3] On 18 October 2024, the SEC published its order, which Wu consented to without admitting or denying the findings. The order imposed: (i) a cease-and-desist from violations of Section 17(a) of the Securities Act and Section 10(b) of the Exchange Act and Rule 10b-5; (ii) a ten-year officer-and-director bar from serving at public companies; (iii) a ten-year penny-stock bar; and (iv) disgorgement, prejudgment interest and a civil money penalty.[4]
Personal life
[edit]Wu is married to Yang Lan; both have been publicly associated with Sun Media since its launch.[1]
References
[edit]- ^ a b c Parpart, Uwe (27 November 2000). "A Star Is Born". Forbes. Retrieved 26 August 2025.
- ^ a b Mourdoukoutas, Panos (4 January 2017). "Wecast Network Stock Surges On China Media Deal". Forbes. Retrieved 26 August 2025.
- ^ a b "Ideanomics settles SEC fraud charges". Reuters. 20 August 2024. Retrieved 26 August 2025.
- ^ a b c "In the Matter of Ideanomics, Inc., Zheng (Bruno) Wu, et al" (PDF). U.S. Securities and Exchange Commission. 18 October 2024. Retrieved 26 August 2025.
- ^ "Bruno Wu & family". Forbes. Retrieved 26 August 2025.
- ^ "Homecoming 2023 Schedule". Culver–Stockton College. 2023. Retrieved 26 August 2025.
- ^ Tartaglione, Nancy (5 June 2013). "Bruno Wu Q&A: Is He Mr. Chinawood?". Deadline Hollywood. Retrieved 26 August 2025.
- 1966 births
- Living people
- Businesspeople from Shanghai
- Billionaires from Shanghai
- Chinese mass media owners
- Fudan University alumni
- Chinese chief operating officers
- Culver–Stockton College alumni
- Washington University in St. Louis alumni
- Université Savoie Mont Blanc alumni
- Chinese company founders
- Chinese expatriates in the United States