Wang Jianlin of Wanda is Now China’s Richest Billionaire

Wang Jianlin, owner of China’s biggest commercial land developer, is the nation’s wealthiest person, based on regulatory filings that show his non-real estate businesses are more valuable than previously calculated. The chair of closely held conglomerate Dalian Wanda Group, which became the world’s largest movie theatre chain after acquiring AMC Entertainment last year for $2.6 billion, has a net worth of $14.2 billion, according to the Bloomberg Billionaires Index. Read More>>