Business Chief APAC+ANZ Magazine November 2018 | Page 79

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Wang Jianlin

Net worth : $ 30bn

With a total worth of $ 30bn , Wang Jianlin comes in at 26th place in Forbes ’ global rankings . The Chinese billionaire founded Dalian Wanda Group , China ’ s largest real estate development company , in 1988 . Since then , the group has grown to 130,000 staff and operates across several sectors from cinema and healthcare to financial services . However , it has recently been announced that Wang is selling off his global empire , with CNN reporting at the beginning of this year that he would make sales of international holdings in order to concentrate on the domestic market and pay off debts . www . wanda-group . com
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