Hidden Chinese Billionaire Cruises to Yacht Clubs

REPLAY VIDEO
Your next video will start in
Pause
  • Info

  • Comments

April 26 (Bloomberg) -- Billionaire Wang Dafu has made his fortune building apartment complexes and hotel resorts in China’s Hainan and Guangdong provinces. Now he's betting on yacht clubs amid a rise in affluent Chinese embracing Western sailing culture. Wang, the chairman of property developer Visun Group, has a net worth of at least $1.2 billion, according to the Bloomberg Billionaires Index. Wang has never appeared on an international wealth ranking as a billionaire. Bloomberg's Matthew G. Miller reports. (Source: Bloomberg)

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change