According to the 2016 revenue report, The Group's operation income grew by 3.4% in 2016 from a year ago to RMB 254.98 billion, while profit had a double-digit jump. Total assets increased to RMB 796.1 billion, up 21.4%.
As the Chairman of Dalian Wanda Group, Wang is well known for his passion and ambition in entertainment, sports and cultural industry, even though The Group made its prominence through commercial properties since its establishment of 1988. In recent years, The Group has been busy buying entertainment companies, including AMC Entertainment and U.S. film studio Legendary Entertainment, sponsoring FIFA and investing in different kinds of sports in more than 20 countries around the world, as well as building theme parks in China, to transform itself into a film, sports and tourism-led conglomerate.
In China, the richest businessman is loved by the public for his diligence and easy going character. Earlier this year, Wang made a remark in an interview that when it came to business decisions, he usually set a small goal in the first place, such as earning a profit of RMB 100 million. He said this in such a light hearted way, making him the center of an online sensation in China.
Check out China's richest man's rock performance: "Nothing to My Name", "Friends", Huangmei opera, "Waiting".
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SOURCE Wanda Group