Wang Sicong

Wang Sicong (Chinese: 王思聪; pinyin: Wáng Sīcōng; born January 3, 1988) is a Chinese businessman and the only son of Chinese tycoon Wang Jianlin.[1][2][3]

Wang Sicong
王思聪 (Chinese)
Born (1988-01-03) January 3, 1988
NationalityChinese
EducationWinchester College
Occupation
Parent(s)Wang Jianlin (father)
Lin Ning (mother)
WebsiteOfficial Weibo account

Early life

Wang Sicong was born in Dalian, Liaoning, China, in 1988.[4][5] His father Wang Jianlin is the chairman of the Dalian Wanda Group, China's largest real estate developer, as well as the world's largest movie theater operator.[6]

When Wang was young, he studied at Swiss School in Singapore and then entered Winchester College in United Kingdom. After graduating from Winchester College, he enrolled at the University College London (UCL) Department of Philosophy.[7]

Career

Wang is the chairman of Prometheus Capital, a private equity company[8] he founded with 500 million RMB that his father gave to him.[9][4] He is a director of the Dalian Wanda Group.[4][10]

In 2011 Wang founded the professional esports organization Invictus Gaming (iG). IG went on to win The International 2012 Dota 2 championship the next year, as well as the League of Legends Worlds Championship in 2018. 2015, Sicong launched Panda TV, an e-sports streaming channel designed to compete with Amazon's Twitch.[11][12][13]

Wang reportedly spent US$516.7 million on the construction of the Wanda Reign seven-star hotel in Shanghai, which opened in June 2016.[14][15] The hotel was designed by the British architect Norman Foster.[16]

Wang also founded the music management company Banana Culture in 2015. It currently manages the Chinese promotions for Korean pop groups T-ara and EXID.[17][18]

Wang is frequently nicknamed online as "the people's husband", "China's most eligible bachelor", or "China's richest son".[9][19]

While Wang is considered one of the most important figures in China's nascent esports scene, he openly embraces his playboy celebrity persona in the style of Tony Stark, throwing extremely lavish parties, posting pictures which flaunt his wealth, and regularly trading barbs with A-list celebrities.[20][21][22][23]

References

  1. "Wang Sicong at it again, China's richest son blows 2.5 million RMB at KTV in single night". Shanghaiist. Retrieved 18 October 2016.
  2. "王健林三得胡润榜首富 王思聪个人财富达60亿". 网易. 网易.
  3. HUang, Zheping. "China's newest viral app pays users to ask celebrities nosy questions". Quartz.com.
  4. "Capital Markets Company Overview of Beijing-based Prometheus Capital". Bloomberg. Retrieved 18 October 2016.
  5. Levin, Ned. "Wang Sicong's uncensored microblogging highlights succession challenges at Dalian Wanda". Financial Times. Retrieved 18 October 2016.
  6. China Rich List, Forbes
  7. "起底"国民老公"王思聪留学履历(图)_新浪教育_新浪网". 2015-07-18. Archived from the original on 2015-07-18. Retrieved 2019-03-18.
  8. Chan, Bernice. "After IPO, Hong Kong's Dining Concepts CEO shares China growth plans". South China Morning Post. Retrieved 18 October 2016.
  9. Gao, Jing. "Wang Jianlin's son, "The People's Husband," is also an aspiring VC". Allchinetech.com. Retrieved 18 October 2016.
  10. Xiang, Nina. "Are China's Fuerdai Wisely Investing, Or Wasting Their Parents' Money?". Forbes. Retrieved 18 October 2016.
  11. Huifeng, He. "Son of China's richest man to launch Panda TV e-sports streaming service to rival Amazon's Twitch". South China Morning Post. Retrieved 18 October 2016.
  12. "Watch out Amazon, China is launching a Twitch rival called Panda TV". Venture Beat. Retrieved 18 October 2016.
  13. Yuhong, Pang. "China's Internet 'Stream Queens' Are Being Showered With Cash". Wall Street Journal. Retrieved 18 October 2016.
  14. "Over-the-top: Shanghai's first 7-star hotel is a museum of antiques". Hindustan Times. Retrieved 18 October 2016.
  15. "China's Richest Kid Spent Over $500 Million to Build Shanghai's First 7-Star Hotel". Nextshark. Retrieved 18 October 2016.
  16. "Dalian Wanda scion opens ultra-luxurious hotel in Shanghai". CNBC. Retrieved 18 October 2016.
  17. "Girl band T-ARA signs with Chinese magnate". The Korea Times. Retrieved 12 March 2017.
  18. "EXID signs with China showbiz agency". The Korea Times. Retrieved 12 March 2017.
  19. Zeng, Vivienne. "Son of Asia's richest man, China's 'No.1 eligible bachelor', talks to BBC about freedom". Hong Kong Free Press. Retrieved 18 October 2016.
  20. Lau, Mimi. "Son of China's richest man shows off eight iPhones he bought – for his dog". South China Morning Post. Retrieved 18 October 2016.
  21. Zuo, Mandy; He, Huifeng. "'Buxomgate': Western schooling to blame for my son's gaffe, says tycoon Wang Jianlin". South China Morning Post. Retrieved 18 October 2016.
  22. "Son of China's Richest Man Buys 8 New iPhones for His Dog, Coco". KTLA. Retrieved 18 October 2016.
  23. Minter, Adam. "Adam Minter: China struggles with its spoiled generation of wealthy heirs". National Post. Retrieved 18 October 2016.
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