Exchange in December. He flew in celebrities Leonardo DiCaprio, Kate Beckinsale, and John Travolta to help launch a mini-Hollywood in the coastal city of Qingdao in January 2014. Wanda Group acquired the landmark Edificio España building in Madrid, Spain, in March 2014 from Grupo Santander for "about a third less than the €389 million that Banco Santander paid in 2005, at the height of Spain's construction boom". Previously, Dalian Wanda had taken on billion-dollar hotel development projects in London and New York, as well as property projects in India. In 2014, he acquired land at 9900 Wilshire Boulevard in Beverly Hills, California to build the American headquarters named "One Beverly Hills" of his entertainment company. In January 2015 it was reported that he was buying a 20% stake in the Spanish football club Atlético Madrid for . He sold his stake to Quantum Pacific Group for an undisclosed fee in 2018. In 2016, Wang launched a direct competition with Disney by declaring that he wants to make sure Shanghai Disneyland Park doesn't make any money in China by launching over a dozen competing amusement parks. In November 2016 Wang's Dalian Wanda Group announced plans to acquire Dick Clark Productions for about , giving it the broadcasting rights to the Golden Globe Awards, the Academy of Country Music Awards, and the New Year countdown celebrations in New York. Wanda already owns Legendary Entertainment, co-producer of films such as Jurassic World, and U.S. cinema chain AMC Entertainment Holdings. The Economist called him "a man of Napoleonic ambition", citing his military background in the PLA, where he rose from border guard to regimental commander. He enforces "iron discipline" in the workplace, where employees are fined when they violate the company's conservative dress code. Despite his age, he has a "trim figure". Politics and charity At the age of 15, Wang started his 17-year service with the People's Liberation Army, initially as a border guard before rising to become a regimental commander. In 1976, he joined the Communist Party of China. He served as deputy to the 17th National Congress. Wang is a delegate to the Chinese National People's Congress. He was twice named CCTV's "Economic Person of the Year". He is the vice chairman of the All-China Federation of Industry and Commerce, and has been a member of the Chinese People's Political Consultative Conference since 2008. He is vice chair of the China