Wang Wenxue

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.

In this Chinese name, the family name is Wang.

Wang Wenxue
Born1966/1967 (age 53–54)
NationalityChinese
EducationTsinghua University
OccupationReal estate developer
Net worthUS$4.8 billion (September 2019)[1]
TitleChairman, China Fortune Land Development
Spouse(s)Married

Early life

Wang was born in an "ordinary family without political connections".[2] He completed his high school education in Langfang.[2]

Career

Wang started working for the local transport bureau, before started his own hotpot restaurant in 1992.[2] 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.[2]

In 1998, Wang founded China Fortune Land Development (CFLD).[3] He is the chairman of CFLD.[4]

By 2015, Wang was ranked seventh richest of China's property developer's with a net worth of $4 billion.[5] As of September 2019, Wang has an estimated net worth of US$4.8 billion.[1]

Personal life

Wang is married, and lives in Beijing, China.[1]

Wang owns the Chinese Super League football team Hebei China Fortune F.C.[3] He earned an EMBA from Tsinghua University, and has attended advanced management courses at Peking University.[3]

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.[3]

In June 2016, Wang was elected to University of Southern California (USC) board of trustees.[3]

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