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In 1998, and following 17 years in the army, Jianlin Wang formed a property company in the northeastern Chinese city of Dalian using a loan of $80,000. Today, Dalian Wanda is Chinas largest private property developer, generating revenues of $40 billion globally, and owning some 9-million square metres of investment property. In 2012, Wanda became the worlds largest theatre owner when it acquired AMC Theatres, with a view to becoming a global entertainment colossus. Wang himself has become Asias richest man. This book, by its founder and Chairman, provides unprecedented insight into the ethos and activities that have created the extraordinary business success that is the Wanda empire. Wang describes his managerial philosophy and the essence of his business ideas to make Wanda a brand like Walmart or IBM or Google - a brand known by everyone in the world, and that led The Economist to call him a man of Napoleonic ambition. As Chinas influence in the world economy grows led by companies such as Wanda, this book is both timely and relevant.
About the author
Wang Jianlin was born on October 24, 1954, soon after China's Communist revolution. He was raised in Cangxi County as the eldest of five brothers. His father was a war veteran of the Red Army and at 15 years old Wang followed in his father's footsteps by enrolling in the People's Liberation Army in 1970. He left the army in 1988 and formed a property company in the north-eastern city of Dalian. Today, Wang Jianlin serves as the Chairman of the Dalian Wanda Group, China's largest real estate developer, as well as the world's largest movie theatre operator and owner of 20% of the Spanish football club Atlético Madrid amongst other interests.
Summary
Unprecedented access into one of China's largest companies - and the underlying factors that have led to its enormous global success.
