To become a country’s richest man is
challenging, all the more so when you have 1.3 billion compatriots. China’s
Wang Jianlin, the son of a Red Army veteran and chairman of Dalian Wanda group,
a property and leisure conglomerate he built from scratch, managed just that
after amassing a fortune put at $14.1billion by Forbes. This is a story bound
for Hollywood in more ways than one. Bold foreign acquisitions have turned Wanda
into the world’s biggest cinema operator, as well as swelling a portfolio of
shopping plazas and hotels. Mr Wang recently unveiled an $8.2billion
cultural-tourism city in Wuxi. Western entertainment firms should prepare for
competition from a big fish called Wanda.
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