What did Wang Jianlin rely on to make his fortune? What industries did he invest in?

Wang Jianlin. Relying on the opportunities of the times and their own efforts to start from scratch,Make a fortune with real estate. He has invested in many industries, including business, real estate, finance, culture, tourism and other industries.

Wang Jianlin, male, born on October 24, 1954, is a member of Wanda Group.

Chairman of the board, the richest man in China in 2013, ranked fifth in the "Hurun Report" in 2018. Wang Jianlin was born in the army, studied at the Dalian Army Academy, and later studied at Liaoning University.

After graduation, he served as a member of Xigang District, Dalian City.

The director of the office of the people's **, he found a business opportunity to abandon politics and business, and planned to invest in real estate, and established Dalian Wanda Real Estate Group Company in 1992. Wang Jianlin started in the real estate industryAt first, it relied on the old city renovation project to find someone to borrow registered capital.

He made a lot of money by installing security doors and toilets in the old city, and then promoting them through advertising.

With this opportunity, Wang Jianlin became bigger and bigger, and later began to rent and sell real estate, because of the continuous housing prices, Wanda's real estate business was booming, and he made a lot of money. Real estate industry.

When he got big, he started to do itCommercial real estate, opened Wanda Plaza, hotel and other facilities. We entered the market in 2012Cultural industriesWanda Cultural Industry Group was established, including film production, film and television production, and film and television industrial parks.

Stage performing arts and entertainment venues.

cultural tourism and other industries. After getting involved in culture and tourism, Wanda Group's profits continued to increaseIn the 2013 Forbes China Rich List, Wang Jianlin topped the list as the richest man in China.

The reason for Wang Jianlin's success is nothing more than thatThe opportunities of the times and their own bravery。He has come to this day with the goal and belief of "earning 100 million first", which is inseparable from his military career, and his days in the army have made himTenacity and unyielding character, he dared to dare to do it, and with a passion to borrow money to raise money and start a company. He seized the opportunity of enterprise restructuring to renovate the old city.

When encountering the company's difficulties, he led the employees to struggle, creating an extraordinary company and an extraordinary team.

Wang Jianlin made his fortune by engaging in real estate, and he has four areas of commerce, culture, real estate, and finance, and Wanda Plaza is their unique business model, which includes hotels, apartments, shopping centers, commercial pedestrian streets, etc., as well as Wanda Hotel, Daqian Department Store, which was established in 2007, as well as large-scale stage performances, etc.

Wang Jianlin made his fortune on residential real estate. He invested in the following industries: shopping, catering, entertainment, etc., and then integrated these industries into one to form an independent business district that is now Wanda Group.

Wang Jianlin made his fortune through real estate, in addition to real estate, he has also invested in industries such as tourism, medical care, artificial intelligence, e-commerce, and finance.

Wang Jianlin made his fortune through real estate, and he has invested in many industries, including film and television, entertainment, hotels, cultural tourism, finance, Internet and other industries.

In 2022, with a wealth of $13.2 billion, he ranked 138th on the "2022 Forbes Global Billionaires List".

In April 2021, the Forbes Global Richest People List was released, and Wang Jianlin ranked 137th on the list with a wealth of $14.8 billion.

In 2021, he was selected into the "2021 Forbes Chinese Mainland Rich List", ranking 33rd with a wealth of 94 billion.

In March 2022, with a wealth of 105 billion, it ranked 113th in the "2022 Hurun Global Rich List".

Character Honors:

On December 26, 2008, the China Charity Federation held a ceremony in Beijing to confer the title of Honorary President of the China Charity Federation on Wang Jianlin, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference, vice chairman of the All-China Federation of Industry and Commerce, and chairman of Wanda Group. Wang Jianlin became the first entrepreneur to be honored as the honorary president of the China Charity Federation.

In the 2014 Forbes China Charity List, Wang Jianlin ranked first with a total cash donation of 100 million yuan, becoming the first charity in China.

On March 25, 2016, the "Influencing the World Chinese Grand Ceremony" co-sponsored by Phoenix Satellite TV and Phoenix.com and more than 10 well-known Chinese at home and abroad was held at Tsinghua University, and Chairman Wang Jianlin won the "Influencing the World Chinese Award". Chairman Wang Jianlin is the first entrepreneur to win the award since its establishment.

Wang Jianlin has had many failed investments in his life, such as in Jingdezhen, Jiangxi, where he built several large bowls in the shape of blue and white porcelain, which did not attract many tourists after completion, but was deserted, which can be described as a failed investment. In addition to this investment, I personally feel that his investment in the football team is also a failed investment.

He has failed to invest a lot, for example, when he invested in this football team, the 600 billion he owed was actually because investing in real estate required more financial support and could not effectively return funds.

Because of Wang Jianlin's various capital outputs at that time, there were many problems with Wanda's back funds, such as the suspension of bank loans and the bottoming out of Wanda's assets, Wanda owed a huge debt of 600 billion.

Wang Jianlin's investment has failed one after another, and he has been planted in the following industries.

Wanda has been involved in the Chinese professional league since 1993, and Dalian Wanda won the first division and the league championship in 1998. After Wanda moved the team to Dalian Shide in the early 2000s, it has not appeared on the Chinese football scene again.

Wang Jianlin publicly stated that "the future of Chinese football is bleak" and said that he would "withdraw permanently". After Wanda "let go", Dalian football was taken over by several companies one after another, and the team's record once slipped to the middle league.

The team returned to the Chinese Super League in 2017, and Wanda also invested in Dalian football again.

Wanda Group has provided a large amount of operating funds to the football club in the two years of investment, and has invested 2 billion yuan in the football youth training center in Dalian; The youth soccer team invested nearly a billion yuan; Signed a 10-year, 500 million yuan cooperation agreement with 10 key football schools in Dalian.

Wanda Group spent 3.5 billion yuan to support the development of Dalian football, but Wanda has not obtained an equity stake in Dalian Yifang, and Dalian Wanda withdrew from professional football in early 2018.

In December 2012, Gong Yitao, who was the manager of the world-renowned e-commerce technology department of Jianshu and the technical director of Alibaba's international transactions, became the general manager of Wanda E-commerce. After that, he organized and established an online platform called Wanhui.com.

This ** is very simple, that is, all the previous stores, products, geographical locations, etc. of Wanda Plaza are uploaded to the Internet, just like a newspaper on the Internet.

But Gong Yitao's Wanhui network is different from the online platform Wang Jianlin said, so Gong Yitao resigned in 2014 and resigned as Wanda's CEO.

In just one year, Wanda's e-commerce executives left one after another, the initial team was torn apart, and Wanhui Network went out of business. Wang Jianlin's e-commerce dream was shattered.

For example, he lost a lot of money in this noisy football, from 1994 to 1988, he smashed a lot of money on the field, but the effect was not good. Wanda Pictures: In fact, he has also lost a lot in this industry in the past two years.

Wang Jianlin is a well-known real estate tycoon, and his previous investments in the field of games and film and television have caused losses and failures.

Real estate industry, automotive industry, financial industry. Design industry, medical industry. These are how many industries he has been planted in.

Speaking of Wang Jianlin.

I'm sure most people are familiar with it, having once been the richest man in China. Wang Jianlin has always believed that Tsinghua University and Peking University are not as bold, and at the age of 35, the state encouraged him to go to the sea to do business, Wang Jianlin set up his own company, and thought of a name that even he felt rustic, called Xigang Hand God Return District.

Residential development company, and set a small goal for himself, first earn him 100 million, but he didn't expect to achieve this small goal in a few years.

At that time, the focus of the country's economic reform shifted from the countryside to the city, and the transformation of the old city became one of the options for urban planners.

In the face of the renovation projects that other state-owned enterprises have avoided, Wang Jianlin felt that this was an opportunity to build a different house for others, and the house in Dalian did not have a bright hall and bathroom, so he added a wooden window to an aluminum alloy window tomorrow, and the house was immediately robbed, and the first single made Wang Jianlin make a net profit of 10 million.

In 1992, Wang Jianlin spent 2,000 yuan in newspapers to advertise the name of the company Wanda Group.

It was officially established, and it also opened a business empire belonging to Wang Jianlin, creating an era of its own, and now Wanda has become a household name.

But I have to mention that Wang Jianlin is indeed good at making high-end connections, and there is even a blind guy who does not want to be named, saying that in China's humane society, we must master the intricate relationships between people, and we must try to find ways to get high-end connections, as long as we achieve this goal, we can make a lot of money.

in order to realize the opportunity of counterattack. Therefore, I have to say that Wang Jianlin is both smart but also has this kind of courage, so he has achieved achievements that others can't achieve, especially when China's economy is in a downturn, he chooses to retreat in the face of difficulties, and is very courageous.

Wang Jianlin could have been the head of the regiment, but then he gave up and started with 500,000 yuan, and his real estate career was finally successful. I think his choice is quite correct, because even if he had some connections in the military region at that time, he may not be able to achieve much success, but the difficulties prove that he is indeed very successful in business. Nagai.

A stupid burning ability to mark people is very strong, and it is very patterned.

Born in the military, he was promoted very quickly in the army, in his own words, he was smart, diligent, and could look at the face of the leader, so he was liked, and his own character was resolute, and he was definitely appreciated in the army. The experience in the army should have given him a lot of network resources, including the old man mentioned in the answer above. In the reform wave and tide of resignation from public office to go to the sea to do business to get the first pot of gold, at the beginning of residential real estate, at that time was also the first batch of real estate enterprises in China, and later in the industry in full swing, and decisive transformation of commercial real estate, with now many cities Wanda commercial center, and then transformed the cultural tourism industry, the acquisition of foreign AMC cinemas. Segment ruler.

Wang Jianlin, male, born on October 24, 1954 in Mianyang City, Sichuan Province, has served as the chairman of Dalian Wanda Group since 1989.

He enlisted in the army in 1970, graduated from Liaoning University in 1986, entered the People's Office of Xigang District, Dalian City in July of the same year, entered the real estate industry in 1989, and served as the chairman and president of Dalian Wanda Group Co., Ltd. since 1993. He is a representative of the 17th National Congress of the Communist Party of China, a member of the Standing Committee of the 11th National Committee of the Chinese People's Political Consultative Conference, and the vice chairman of the 11th All-China Federation of Industry and Commerce.

On August 19, 2015, Wang Jianlin, the richest man in mainland China, surpassed Li Ka-shing to become the richest Chinese in the world, with a wealth of 260 billion yuan.

In addition, labor is the real force for making a fortune.