Wang Wenxue
Wang Wenxue | |
|---|---|
| Born | 1967 China |
| Occupation | Real estate entrepreneur |
| Known for | Chairman of China Fortune Land Development (CFLD) |
Wang Wenxue (; born 1967) is a Chinese billionaire and real estate entrepreneur, serving as chairman of the publicly listed company China Fortune Land Development (CFLD), which is based in Beijing and focuses on the development of industrial parks.
Early life
Originating from a non-political, modest family background, Wang completed his secondary education in Langfang.
Career
Wang initially worked at a local transportation bureau before launching a hotpot restaurant in 1992. This establishment gained popularity among regional officials, enabling him to transition into property renovation and subsequently property development.
In 1998, he founded China Fortune Land Development (CFLD), where he holds the position of chairman. By 2015, Wang was ranked seventh among China's real estate developers, boasting a net worth of $4 billion. His wealth was estimated to have increased to approximately US$4.8 billion by September 2019.
Personal life
Wang lives in Beijing with his spouse. He is the owner of the Chinese Super League team Hebei China Fortune F.C. and earned an Executive MBA from Tsinghua University, complemented by further management education at Peking University.
He actively engages in political advisory roles, including participation in the business delegation of the 12th Chinese People's Political Consultative Conference, and has represented Hebei Province during both the 11th and 12th People's Congresses.
In June 2016, Wang was appointed to the board of trustees at the University of Southern California.