In this success post, we are going to share the story of Wang Jianlin, owner of Dalian Wanda Group, which is one of the largest and best real estate developers.
Wang Jianlin purchased AMC Entertainment for $2.6 billion in the year 2013. His secret is rather straight to the point – it is pretty easy to achieve results with simple tricks than with complicated ones.
Wang Jianlin Early Career
The beginnings of this visionary were very humble. Wang started his career with the people liberation army from 1970 to 1986. In the year 1986, he worked as an office administrator for Xigang District in Dalian City. Later in the year, he became the General Manager of the Xigang Residential Development Company.
Wang Jianlin Career
Wang Jianlin started Dalian Wanda Group with a mere $130000. The company has now grown into a huge enterprise. His startup is as of now a conglomerate of five different areas – Luxury hotels, a Chinese departmental store chain, cultural industry, commercial property, and tourism.
He has assets in more than 60 cities in China. His complete business comprises of forty departmental stores, forty-six departmental stores, and each one has 10000 employees.
Dalian Wanda Group runs around 25 five star hotels and is in partnership with hotels like Hilton, Accor, and Starwood. The group flaunts the world largest theatre with 700+ screens, which includes 440+ Imax Screens.
Wang Jianlin had tough times in the year 1993 when the government stopped providing loans to the real estate firms, asking to pay back all the pending loans rolled out so far. Wang Jianlin faced a lot of pressure at this moment and was even hospitalized for around one week. But he had learned something new with the experience that led him to establish a Global Empire.
An eldest among five brothers, Wang is married to Lin Ning. The couple has two sons and one daughter. In the year 2013, he was ranked as 130th wealthiest person in the world by Forbes. The same year, he was ranked as the wealthiest person in China by Bloomberg. In the year 2014, he is ranked as the 26th richest person in the world by Hurun report.
Wang Jianlin proved to the world that there are no specific secrets for success. Winning comes from preparation, learning from failures, and hard work. According to him, a business that is just for making money is a poor business.
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