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Chinese aristocrat wants to conquer Hollywood

China's richest man's Hollywood ambitions

China’s richest male Wang Jianlin is formulation to conquer a party world.

The genuine estate and party noble has vowed to take on Disney in China, buy one of a vital Hollywood film studios and spin his Dalian Wanda Group into a eminent multinational association within a decade.

“Considering my celebrity and how a association has been executing my plans, we consider we will be No. 1 in a universe in genuine estate, entertainment, tourism and sports,” he told CNNMoney in an disdainful talk on Wednesday.

Here’s how he skeleton to spin Wanda into “a juggernaut”:

Buy a film studio

Wang has been really open about his enterprise to possess film studio.

But not only any studio will do — he wants to buy one of Hollywood’s “Big Six,” a organisation that includes 20th Century Fox, Warner Bros. (TWX), Paramount (PGRE), Universal (CCV), Columbia (SNE) and Walt Disney (DIS).

And he’s not meddlesome in a minority stake.

“If we wish to buy something … a smallest would be 50% … we are watchful for a opportunity,” he said.

Take on Disney

Wang is also open about his query to vanquish Disney in China after it non-stop a new thesis park in Shanghai.

“When it comes to movies, Disney is a biggest partner and a marketplace share is a largest … though when it comes to party tourism, we are archrivals,” he said.

He pronounced that Wanda is rising mixed plan during a same time to confine Disney (DIS).

“We wish to pound them,” he said. “It’s not personal — it’s where a seductiveness of a association lies.”

Keep investing in a U.S.

Wanda has cut a array of deals that find to enhance a company’s American party footprint.

Wanda has owned cinema sequence AMC given 2012. It bought Legendary Entertainment in January, profitable $3.5 billion for a studio behind “Jurassic World” and “Interstellar.”

Wang is also in talks to buy Dick Clark Productions, that produces a American Music Awards, Billboard Music Awards and a Golden Globe Awards, among others.

Related: This Chinese range is churning out billionaires

The billionaire is assured about his company’s intensity in a U.S. And he’s not endangered about a outcome of a arriving presidential election, notwithstanding Donald Trump’s anti-China rhetoric.

“Whoever becomes a president, their debate tongue isn’t a same as their policies,” Wang said.

“They [China and a U.S.] are a dual largest economies of a world, and China is a biggest hilt of US debts … if shared ties change drastically, it would impact not only China, though a U.S. even more.”

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