richest man in China, thanks to Ma's Alibaba Group's increases in stock prices. In 2020, Wang tumbled down the rich list as his real estate empire and movie theatre chains both sharply declined in the wake of the COVID-19 pandemic. Forbes ranked him outside the top 10 in its 2020 list of Richest Chinese Billionaires with an estimated net worth of $14 billion. As of 11/30/2022, Forbes ranked him 39th in China Rich List and 138th its 2022 World's Billionaires list with an estimated net worth of $7.9 billion. Personal life He is married to Lin Ning (), and has a son, Wang Sicong (; born 1988), educated at Winchester College and University College London in the UK. Wang Sicong is currently a board member of the Wanda Group and a venture capitalist in China through his Beijing-based private equity fund, Prometheus Capital (普思投资). Wang is a follower of Buddhism, although he considers himself not religious. Owing to his years of military service, he lives with military discipline. He is also noted for singing Tibetan and Mongolian folk songs. His hobbies are collecting art and singing karaoke. In December 2015 Wang bought 15a Kensington Palace Gardens, London, for £80 million. The house was previously lived in by the Ukrainian billionaire, Leonard Blavatnik, who rented it during lengthy works on the house he owns opposite. In July 2016, Wang released his book, The Wanda Way: The managerial philosophy and values of one of China's largest companies. The book was published globally by LID Publishing. The book includes his renowned 2013 China Central Television Voice interview, his speech and question-and-answer session to the Harvard Business School, and Wang's business philosophy on Wanda's real estate, resort, and movie units. Bibliography The Wanda Way: The managerial philosophy and values of one of China's largest companies (2016) Notes References 1954 births Living people 20th-century Chinese businesspeople 21st-century Chinese businesspeople Billionaires from Sichuan Businesspeople from Sichuan Chinese business writers Chinese chief executives Chinese Communist Party politicians from Sichuan Chinese Buddhists Chinese company founders Chinese football chairmen and investors Chinese investors Chinese philanthropists Chinese real estate businesspeople Dalian Wanda Group people Liaoning University alumni Members of the Standing Committee of the 11th Chinese People's Political Consultative Conference People's Liberation Army personnel People's Republic of China politicians from Sichuan Politicians from Guangyuan Real estate company founders Writers from Guangyuan