Wang Jing

$1.40 B

Ranked #1650 in World

About Wang Jing

Wang Jing, a prominent Chinese entrepreneur with significant investments in the aviation and telecommunications sectors, is best known for his roles as chairman and CEO of Skyrizon Aviation and Beijing Xinwei. Born in 1972 in Beijing, Jing embarked on his financial and investment education in Hong Kong during the 1990s, following an incomplete study in traditional Chinese medicine at Jiangxi University. His business ventures began with the founding of Dingfu Investment Consulting Co. in 1998 and later, the Hong Kong Divine (Dingfu) Investment Group Ltd. in 2001. Jing's financial landscape transformed notably after acquiring a substantial 37% share in Beijing Xinwei Telecom Technology, propelling him to the 12th spot on Forbes' China's billionaires list by 2014, a sharp rise from No. 94 in 2013. His diverse interests span across project consulting, mining, and agribusiness. Despite facing setbacks, such as the delayed Nicaragua Canal project due to environmental and financial challenges, Jing's global business footprint underscores a multifaceted investment strategy. However, these challenges have notably impacted his net worth, which experienced a significant decrease from $3.3 billion in November 2015 to $905 million by October 2018, as reported by Forbes.

Born

December 24, 1972 in Beijing, China

Age

53 years

Source Of Wealth

Telecom Services

Industries

Telecom

Citizenship

China

Residence

Beijing

Wang Jing, a prominent Chinese businessman, was born in Beijing in 1972. Although he enrolled at Jiangxi University of Traditional Chinese Medicine, he did not complete his studies there.

Wang Jing: Family

Information about Wang Jing's family background and personal life is not publicly available.

Wang Jing: Career Highlights

Wang Jing's career took a significant turn when he organized the Beijing Changping Traditional Health and Culture School. In the 1990s, he ventured to Hong Kong to pursue further education in finance and investment.

In 1998, Wang Jing established Dingfu Investment Consulting Co. in Beijing, followed by the founding of Hong Kong Divine (Dingfu) Investment Group Ltd. in 2001. These ventures laid the foundation for his subsequent business success.

One of Wang Jing's notable achievements was acquiring a substantial 37% stake in Beijing Xinwei Telecom Technology, although the exact circumstances surrounding this acquisition remain unclear.

In a strategic move, Wang Jing sold his stake in Beijing Xinwei Telecom Technology to a listed company, now known as Beijing Xinwei. This transaction propelled him from No. 94 to No. 12 on Forbes' list of China's billionaires in 2014, marking a significant leap in his financial standing.

Wang Jing's diverse interests extend beyond telecommunications. He has ventured into project consulting, mining, and agribusiness, demonstrating his entrepreneurial spirit and willingness to explore various industries.

Wang Jing: Companies

Beijing Changping Traditional Health and Culture School
Dingfu Investment Consulting Co.
Hong Kong Divine (Dingfu) Investment Group Ltd.
Beijing Xinwei Telecom Technology
HK Nicaragua Canal Development Investment (HKND)

Wang Jing: Major Achievements

Organized Beijing Changping Traditional Health and Culture School.
Founded Dingfu Investment Consulting Co. and Hong Kong Divine (Dingfu) Investment Group Ltd.
Acquired a 37% stake in Beijing Xinwei Telecom Technology.
Sold his stake in Beijing Xinwei Telecom Technology, leading to a significant rise in his position on Forbes' list of China's billionaires.
Involved in major infrastructure projects such as the HK Nicaragua Canal Development Investment and the Black Sea deep water seaport project.

Wang Jing: Awards & Achievements

Information about specific awards or achievements received by Wang Jing is not publicly available.

Wang Jing: Personal Life & Legacy

Details about Wang Jing's personal life, including his family and relationships, are not publicly known. His legacy lies in his entrepreneurial endeavors and the impact of his business ventures on the industries he has been involved in.

Wang Jing: Trivia

Wang Jing's net worth reached a peak of $3.3 billion in November 2015 but significantly decreased to $905 million by October 2018, according to Forbes.
The Nicaragua Canal project, in which Wang Jing was involved, faced delays due to environmental impact assessments and the Chinese stock market collapse, resulting in a decline in his net worth.
Wang Jing's involvement in the Black Sea deep water seaport project was put on hold due to political instability in the region.

Wealth History

Timeline

1972

Wang Jing was born in Beijing, China.

1990s

Wang Jing went to Hong Kong to study finance and investment.

1998

Wang Jing founded Dingfu Investment Consulting Co. in Beijing.

2001

Wang Jing founded Hong Kong Divine (Dingfu) Investment Group Ltd.

2013

Wang Jing was ranked No. 94 on Forbes' list of China's billionaires.

2014

Wang Jing sold his stake in Beijing Xinwei Telecom Technology to a listed company now named Beijing Xinwei, causing his position in Forbes' listing of China's billionaires to jump to No. 12.

November 2015

The Nicaragua Canal project was delayed due to environmental impact assessment and Chinese stock market collapse, significantly decreasing Wang Jing's net worth.

October 2018

Wang Jing's net worth decreased to $905 million, according to Forbes.

Wang Jing : FAQs

What is Wang Jing's net worth?

As of 2018, Wang Jing's net worth was $1.40 billion.

What are Wang Jing's main sources of wealth?

Wang Jing's main source of income comes from Telecom Services.

In which industry does Wang Jing primarily operate?

Wang Jing is primarily involved in the Telecom industry.

How old is Wang Jing?

Wang Jing is 53 years old.

Who is Wang Jing and what are his main business interests?

Wang Jing is a Chinese businessman known for being the chairman and CEO of Skyrizon Aviation and Beijing Xinwei, a telecoms company. His main business interests include project consulting, mining, and agribusiness, notably being involved in significant international projects like the HK Nicaragua Canal Development Investment.

How did Wang Jing become a significant figure in China's telecom industry?

Wang Jing became a prominent figure in China's telecom industry by acquiring a large 37% stake in Beijing Xinwei Telecom Technology. His stake and subsequent sale to a listed company, renaming it Beijing Xinwei, significantly raised his status, making him the No. 12 billionaire in China in 2014 according to Forbes.

What are some major international projects Wang Jing has been involved in?

Wang Jing has been involved in several major international projects, including the HK Nicaragua Canal Development Investment managing the Nicaraguan Canal and Development Project, and a deep-water seaport project in the Black Sea, north of Sevastopol, which is currently on hold due to political instability.