Wang Wenxue

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Wang Wenxue
Born1966 or 1967 (age 56–57)
NationalityChinese
EducationTsinghua University
OccupationReal estate developer
TitleChairman, China Fortune Land Development
SpouseMarried

Wang Wenxue (Chinese: 王文学; born 1967) is a Chinese billionaire real estate developer, chairman of the publicly traded China Fortune Land Development (CFLD) based in Beijing, and focused on industrial parks.

Early life[edit]

Wang was born in an "ordinary family without political connections".[1] He completed his high school education in Langfang.[1]

Career[edit]

Wang started working for the local transport bureau, before started his own hotpot restaurant in 1992.[1] The restaurant became a popular meeting place for local government officials, and the resulting connections meant he was able to enter the property refurbishment sector, before moving into property development.[1]

In 1998, Wang founded China Fortune Land Development (CFLD).[2] He is the chairman of CFLD.[3]

By 2015, Wang was ranked seventh richest of China's property developer's with a net worth of $4 billion.[4] As of September 2019, Wang has an estimated net worth of US$4.8 billion.[5]

Personal life[edit]

Wang is married, and lives in Beijing, China.[5]

Wang owns the Chinese Super League football team Hebei China Fortune F.C.[2] He earned an EMBA from Tsinghua University, and has attended advanced management courses at Peking University.[2]

Wang is a member of the business group of the 12th Chinese People's Political Consultative Conference, and was a representative for Hebei Province at the 11th and 12th People's Congress.[2]

In June 2016, Wang was elected to University of Southern California (USC) board of trustees.[2]

References[edit]

  1. ^ a b c d "Wheel of fortune: China Fortune: the biggest company you've probably never heard of". Week in China. 7 July 2017. Retrieved 14 September 2019.
  2. ^ a b c d e Lipinski, Lynn (1 June 2016). "Entrepreneurs Wenxue Wang and Michael E. Adler elected to USC Board of Trustees". USC News. Retrieved 14 September 2019.
  3. ^ "Ping An and CFLD cooperate to develop emerging industries". China Daily. 27 September 2018. Retrieved 14 September 2019.
  4. ^ Cole, Michael (11 April 2015). "Meet China's 10 Richest Real Estate Tycoons". Mingtiandi. Retrieved 14 September 2019.
  5. ^ a b "Forbes profile: Wang Wenxue". Forbes. Retrieved 14 September 2019.