WORLD ECONOMIC FORUM/VIA WIKIMEDIA COMMONS

Originally a real-estate development company, Wang Jianlin’s Dalian Wanda Group has staked ownership claims in AMC Entertainment, a British yacht company called Sunseeker, and a Spanish soccer team, among many other interests. It also owns more than $1.5 billion in art, with Wang’s tastes similiarly varied. Initially focused on work by Chinese modern and contemporary artists like Wu Guangzhong and Shi Qi, Wang (assessed as Asia’s second-richest man in 2016 by Bloomberg) began to buy Western art. His first major purchase of a work by a non-Chinese artist was Picasso’s Claude et Paloma (1950), which he bought at auction in 2013. Since then, according to Guo Quingxiang, who oversees the Wanda Group’s art collection, Wang and his company have been devoted to “collecting original and important works representative of key developments in art history,” regardless of where or when those “key developments” happened.

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Wang Jianlin

Location:
Beijing

Source of wealth:
Real estate

Collecting area:
Modern and contemporary art

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