Wang Jianlin chairs Dalian Wanda Group, which has investments in real estate, finance and movie theaters.
Dalian Wanda is one of the world's biggest commercial real estate developers with more than 500 plazas across China.
Once the richest man in Asia, Wang has been retreating in recent years, selling his Chinese hotel and tourism portfolio for over $9 billion in 2017.
The tycoon has also sold most of his stake in U.S. movie theater chain AMC and a stake in Spanish soccer club Atletico de Madrid.
Wang has been working to list a property management unit, Zhuhai Wanda Commercial Management, in Hong Kong since 2021 when the first prospectus was filed.
Wang served in the Chinese military from 1970 to 1986 before turning around a government real estate venture and then going into business himself in 1989.
Wang previously served as a deputy to the 17th National Congress of the Communist Party of China.
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