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.
Wang Sicong, the son of China’s richest man, has no interest in taking over his father’s 634 billion yuan ($91.7 billion) business someday.
That seems to be one fact Wang Jianlin can live with, at least for the meantime. Speaking at the China Entrepreneur Annual Meeting on Saturday, the Dalian Wanda Group CEO said:
It was only last year that Coco sported two of the then-latest tech gadgets, the Apple Watch, with one on each arm.
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.
Wang Sicong, the son of Chinese billionaire Wang Jianlin, China’s richest billionaire, recently dropped a massive amount of money at a Beijing karaoke bar..
Sicong’s activities don’t usually escape unnoticed especially if he’s burning more money in one night than most people earn their whole lifetime.
A frustrated cinemagoer in China has found out that sometimes it pays to complain, especially if those in power are listening.
After finding her box of popcorn was only about 80 percent full, a woman posted a picture of her less-than-generous portion to Weibo, according to South China Morning Post.
Wang Sicong, the son of China’s richest man, usually says exactly what is on his mind, except that in a frank interview with the BBC for their three-part documentary series about Chinese youth, he’s addressing a different, more controversial subject: China’s government.
In the interview for the first installment of the channel’s “Secrets of China,” Wang says that trying to escape the country’s system would be “suicide” and that “there is really no way of succeeding outside the system.”
The newly released Apple Watch is selling so fast that the company is struggling to produce enough to meet demand. While us peasants are patiently saving up to get the watch, there’s a Husky wearing not one, but two of them on his paws.
The dog belongs to Wang Sicong, the son of billionaire Wang Jianlin, who’s currently the richest man in China. Wang Jianlin has a net-worth of $24.2 billion and is China’s largest real estate developer and the world’s largest operator of movie theaters.