Billionaire Wang Jianlin, chairman and president of Dalian Wanda Group, poses for a portrait at the World Economic Forum Annual Meeting Of The New Champions in Dalian, China, on Wednesday, Sept. 11, 2013. Wang, China's richest man and owner of the country's biggest commercial land developer, said he has hired two investment banks to buy hotel management companies, mostly in the U.S. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

The latest Bloomberg Billionaire Index revealed that Wang Jianlin’s wealth stands at USD36.9 billion, up USD11.7 billion (+46.4%) against that in early 2015.

He ranks first in Asia and among Chinese tycoons both in terms of the absolute amount of wealth and the rate of increase in wealth, and has further widened his edge over other Asian tycoons. His ranking among the world’s wealthiest has also risen to 13th. Wang JIanlin is closely followed by Li Ka-shing and Jack Ma, whose wealth both stand at USD29.9 billion. The three men are ranked top three in Asia.

Wang Jianlin’s success depended on innovation and implementation capacity. Through forward-looking strategic planning, he has led Wanda’s structural transformation, grasping growth opportunities brought about by China’s economic restructuring. Among Rmb100 billion enterprises in China, Wanda’s structural transformation was the first to commence, and was also the most successful. In areas where China’s economic growth was the most rapid, such as film, sports, tourism, and internet finance, Wang Jianlin has always seized the initiative by planning in advance. It may be said that the sustainability and growth of Wang Jianlin’s wealth is ahead of the super-rich in the world.

According to Wang Jianlin’s plans, Wanda’s film production and distribution, Wanda Sports, Wanda Tourism, Wanda Internet Finance and other businesses will be successively listed, leading to significant growth in his wealth. Previously, Wang Jianlin had briefly ranked among the world’s top 10 in the Bloomberg Billionaire Index.

Source:http://www.wanda-group.com/

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