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Wang Sicong

Wang Sicong
Native name Chinese: 王思聪
Born (1988-01-03) January 3, 1988 (age 29)
Dalian, Liaoning province, China
Nationality Chinese
Education Winchester College
Occupation
Net worth CN¥6 billion (October 2016)
Parent(s) Wang Jianlin
Lin Ning

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.

Wang Sicong was born in Dalian, Liaoning province, China, in 1988. 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.

Sicong studied for a BA Philosophy at University College London, but did not complete the course, opting to leave after the first year.

As a member of China's second generation rich known as fuerdai, Sicong's spending habits have received wide press coverage. In March 2016 it was reported that Sicong spent 2.5 million RMB in one night at a karaoke bar. He also founded and owns an online professional gaming team, Invictus Gaming. In 2016 he also received wide press for having given his dog eight new iPhone 7s.

Sicong is often referred to as "the people's husband" in the Chinese press, in reference to his bachelor status.

In 2015, Sicong told reporters that any potential girlfriend had to be large-breasted. An editorial in the state-run Xinhua news service followed, criticizing Sicong's comments as objectifying women. The editorial was titled "Son of the rich, do not treat vulgarity as a personality", and said that Sicung had "stained the purity of the Chinese" and that he had "the arrogance of Silvio Berlusconi”. The South China Morning Post dubbed the incident "buxomgate".

In 2016, Sicong's spending habits and lifestyle were publicly criticized in an additional editorial in the state-run China Daily newspaper.

Sicong is the chairman of Prometheus Capital, a private equity company he founded with 500 million RMB that his father gave to him. He is a director of the Dalian Wanda Group.


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