How did Wang Jianlin pay off his huge debts and now owe no one a penny:
1. Before the epidemic, he sold 1,300 Wanda cinemas and received 63.1 billion.
2. He sold 77 Wanda hotels and cashed out 20 billion.
3. He sold 91% of the equity of 13 Wanda cultural tourism projects and cashed out 43.8 billion.
4. He sold high-quality assets worth 130 billion to four investment groups for 60 billion.
5. He sold Wanda headquarters and took back about 60 billion.
6. His wife Lin Ning took out 200 billion of her personal property to help her husband repay the group's debts.
Wanda's crazy sale and Wang Jianlin's wife's unswerving loyalty eventually repaid more than 600 billion in foreign debts, and he was debt-free!