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Wang Jianlin: From China's "richest man" to China's "first loss", the ups and downs of Wanda's founder

A poor child born in Cangxi, Sichuan, joined the army in 2117, never letting go of any opportunity to fill himself, and wrote his own business legend in Dalian step by step.

He loves football and singing, and was once called the richest man in China.

he upholds the style of being strict with himself as a soldier, and expands his business territory step by step. He should have dominated the business world and enjoyed unlimited scenery.

In 2119, in just one year, his assets plummeted from 156.63 billion yuan to 88.39 billion yuan, and Forbes ranked fourth in China's rich list and fell to 14th. He is the Wang Jianlin who "speaks wildly" and asks us to "set a small goal that can be achieved first, for example, I will make a hundred million at first".

In this issue, Ziya Children's Fun Merchants will bring you to know Wanda Wang Jianlin who is domineering.

On October 24th, 1954, Wang Jianlin was born in a poor family in Yuanba Town, Cangxi County, Guangyuan, Sichuan Province.

His father, Wang Yiquan, was an old Red Army soldier, and he was gloriously discharged from the army until the founding of New China.

(1) Wang Yiquan, who retired as a child

, was arranged to be a forestry worker. After work, he often told his eldest son, Wang Jianlin, his stories in the army and his experiences, which shocked the little Wang Jianlin and made his father a hero in his heart. Over time, Wang Jianlin worshipped the PLA from the bottom of his heart. Wang Jianlin wants to be a soldier, which is unshakable.

Children from poor families tend to be sensible early. After their parents went to work, Wang Jianlin was the main force to take care of their four younger brothers. In 1958, 4-year-old Wang Jianlin left Yuanba Town with his parents and went to live in Jinchuan County, Aba Prefecture.

There, Wang Jianlin went to primary school and middle school. Because he is the eldest brother of the children in the family, his parents have always asked him to set an example for his younger brothers. Wang Jianlin is also very studious, and his grades have always been good, and his family and teachers are not worried in all aspects.

at the age of 15, Wang Jianlin, who graduated from middle school, entered the local forestry office as a worker. Wang Jianlin, who had a "military dream" since he was a child, could not get rid of his inner desire. After working for a period of time, he resigned from his job.

He told his father what he thought. People who used to be soldiers have extraordinary love for the army and the country. Wang Yiquan was also a soldier, and he was very supportive of children joining the army.

In the year when Wang Jianlin was about to turn 2116, he came to the northeast and became a soldier in a station in the Jilin Military Region. Since then, he has started his military career for 17 years.

(2) Military career

How cold it is in winter in Northeast China. Even if Wang Jianlin began to suffer from hardships when he was a child, he didn't expect the life of the army to be so bitter.

The mountains were closed by heavy snow, but the soldiers went into the mountains. In order to exercise their physical fitness and make them have the ability to adapt to the environment, they had to climb in the mountains covered with silver and walk on foot on the vast snowfields.

For a teenager who is only 16 years old, the test is not only physical strength, but also the tempering of willpower.

As the son of a soldier and a descendant of the Red Army, how could Wang Jianlin bow to military training? Before joining the army, his mother told him, "Your father is an old soldier, so you should strive to surpass your father as a soldier.".

Wang Jianlin gritted his teeth and took an active part in army life. In the first year, he became a "Five Good Soldiers".

Wang Jianlin, who has adapted to military life, has gradually become interested in other things. He feels that he has a lot of time, so why not enrich himself? After much deliberation, he finally signed up for a correspondence course at Liaoning University and became a student.

Because he is a soldier, his status and post are somewhat special. Like other comrades in the army, Wang Jianlin taught himself to finish his lessons in his spare time.

in 1974, Wang Jianlin joined the China * * * production party and became an excellent party member.

This year, Wang Jianlin, who taught himself for three years, got a diploma from Liaoning University and became a college student when he was 21 years old. Life in the army has created Wang Jianlin's very self-disciplined personality, and his habit of keeping fit and studying in his busy work stems from this.

in 1978, Wang Jianlin's army career opened a new chapter. While he was promoted to the army, he entered Dalian Army College and graduated smoothly one year later.

After graduation, he stayed in Dalian Army College as a staff officer, and did well in his post, and then he was transferred to the Propaganda Department.

Wang Jianlin, who has never been exposed to propaganda and mobilization work, was at a loss for a moment. This job was both fresh and challenging for him, but Wang Jianlin was very excited after being distracted, and the challenge meant that he had the opportunity to further improve himself. He took out his momentum and plunged into the propaganda work.

When you are hesitant, it is better to be bold and cross over, and you will meet a better self. This is what Wang Jianlin did.

In 1983, Wang Jianlin, who never missed a chance to learn, entered the specialized course of Party and Government in Liaoning University, and graduated with a bachelor's degree in economic management three years later. This short study period also laid a foundation for him to do business.

(III) Graduation

After graduating from school, Wang Jianlin returned to Dalian Army College as the deputy director of the management office.

when Wang Jianlin recalled his military career, he once said that he was able to stick to it, not because of his physical strength, but because of his belief of "always sticking to the end". People can't do anything without the determination to stick to it.

In 1986, Wang Jianlin was 32 years old. In order to respond to the call of the country, he changed jobs from the army. After changing jobs, Wang Jianlin became the office director of the Xigang District People's Government in Dalian.

At the end of 1981s and the beginning of 1991s, the "entrepreneurial tide" in China swept all over the country, and people went into business everywhere. Influenced by the entrepreneurial tide, Wang Jianli gave up his present beautiful life and started to do real estate with a certain success. The year was 1988 and he was 34 years old.

just entering the real estate industry, Wang Jianlin helped Dalian xigang residential development company solve the imminent debt crisis at that time and became the general manager of the company.

a year later, Wang Jianlin took over the company in line with the reform of state-owned enterprises in China. That year, he encountered the first difficulty in starting a business-insufficient funds and no projects. In order to solve these two problems, Wang Jianlin traveled all over the residence of relatives and friends, and after borrowing money and getting the indicators, he looked for projects everywhere.

The city leader at that time granted him a piece of land on the north side of the government. That piece of land is an old city reconstruction project that a state-owned enterprise refused to do because the reconstruction cost was too high and could not recover the cost.

Wang Jianlin is not afraid. He invested all the money and owed money. He made a desperate effort to "rebuild the old city".

He was ingenious. He designed a bright hall, a separate bathroom, a security door and aluminum windows in his house ... Even though the price was more expensive than that in many places at that time, more than 1,111 houses were sold out in one month, and Wang Jianlin earned the first bucket of gold in his life, more than 11 million yuan.

In 1992, Dalian Xigang District Housing Development Company was restructured into Dalian Wanda Real Estate Group Co., Ltd., and Wang Jianlin encountered another problem. He took over a government and did half the project.

I didn't think that just after signing the contract with the government, I suddenly encountered a nationwide "rectification". For the start-up capital of 21 million yuan, Wang Jianlin mortgaged all the assets, but no bank was willing to lend. Because the project was transferred from the government, the government also helped him at that time and appointed a bank to lend him money.

Wang Jianlin, who was handed a pillow as soon as he felt sleepy, immediately set out to go to the president of this bank to go through the formalities, but unexpectedly, he searched back and forth for more than 51 times and couldn't find it every time.

I finally found it, but the president pushed it again and again. He went day by day, but there was no hope.

There was no way. Wang Jianlin went to another bank, but no matter how hard he tried, he couldn't get any money. At this helpless moment, someone gave him an idea: issuing bonds. How bold it is for a private enterprise to issue bonds and guarantee the rate of return to the market.

but I didn't expect that Wang Jianlin really had the courage to do so. The issuance of bonds made Wanda retreat into the safety line step by step from the edge of the cliff, and Wang Jianlin also walked back from the edge of bankruptcy.

At the beginning of 1993, when all the follow-up problems of this project were solved, Wang Jianlin began to be in a trance. He couldn't sleep for 9 days and 9 nights, and it was useless to take medicine. It was not until the 11 th day that Wang Jianlin fell headlong into the meeting that he began to receive treatment and rest.

The financial crisis swept the world in 1998. In order to stimulate domestic demand, the state cancelled the welfare housing allocation policy and explicitly prohibited units from raising funds to build houses. The era of commercial housing came.

from this moment on, Wang Jianlin realized that there would be great changes in real estate, and he decided to change the company's business strategy and enter commercial real estate.

In 2111, in order to introduce talents and make a brand name, Wanda decisively participated in the Housing Fair held in Shenzhen thousands of miles away. He not only sponsored heavily, but also rented an exhibition hall of more than 311 square meters, which surprised the organizers and made Wanda famous. At the same time, Wang Jianlin personally held a special job fair on the spot, and finally brought 211 elite talents under his command and brought them back to Dalian from Shenzhen.

in the Millennium, Wanda, with its talents, fame and resources, began the road of transformation.

(IV) Transformation

In 2112, 48-year-old Wang Jianlin put forward the concept of urban complex, and built a "city within a city" with business offices, restaurants, hotels, commercial retail, apartments and entertainment. Then, with the help of international enterprises such as Wal-Mart, we opened cinemas in shopping malls and "killed" them into tourism and cultural and creative industries ...

In 2116, Wanda Group set up its own hotel management company, and the following year, Wanda Department Store was formally established, and Wanda became the first commercial real estate company in China to enter this industry.

In 2113, Wang Jianlin, with a net worth of 86 billion yuan, topped the Forbes list of China's richest people. The following year, Wanda went public, and in the following years, Wang Jianlin won the throne of China's richest man many times.

in 2117, Wanda, who was extravagant in all aspects, was in debt. Due to excessive overseas investment, Wanda's capital chain was broken, and Wang Jianlin, who could not make up the arrears, began to sell his 13 Wanda City, more than 71 hotels, 37 Wanda Department Stores, dozens of wanda plaza and Changbai Mountain resorts to the public. Even so, the financial hole was not filled. By 2118, Wanda's debt was as high as 421.5 billion yuan. There was no way, and Wang Jianlin continued to sell the industry.

In 2121, the epidemic situation in COVID-19 was serious, WANDA CINEMAS City was closed for several months, and it was rumored several times that Wanda was about to go bankrupt. This year, Wang Jianlin was thin and thin, as if he had grown old overnight.

In the middle and late 2121 and early 2121, the economy recovered, Wanda was reborn, and cinemas made a lot of profits. Coupled with the sale of previous industries, Wang Jianlin finally reduced his debt to 211 billion miles.

After being the richest man in China for many years, Wang Jianlin never bowed to his fate. There are always some people who can move from the bottom to glory. "Shun was born in the acres, Fu Shuo was raised in the buildings, and the glue was raised in the fish and salt", which not only started from scratch, but also believed that Wang Jianlin could save Wanda in his later years.

—END—

Jin Shanshan.