Wang Sicong, the only son of Wanda Group founder Wang Jianlin, has landed on the country’s list of debtors this week.
A Beijing court announced that the Prometheus Capital chairman owes at least 150 million yuan, equivalent to at least $21.5 million, according to a notice published in the official website of the Chinese Supreme Court.
Hollywood, meet your new maker.
Wang Jianlin, founder and CEO of Dalian Wanda, is considered as China’s richest man, topping the Forbes’ China Rich List for the third time in the past four years. According to Forbes, the 62-year old magnate is now worth $32.9 billion.
Many of us can’t afford to stay at five-star hotels, so chances are we don’t even know what a seven-star hotel looks like.
The son of China’s richest man, Wang Sicong, recently spent $516.7 million dollars building Shanghai’s first seven-star hotel. Thanks to him, we can now gawk at the beautiful pictures online.