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Only Son Of China’s Richest Man Refuses To Inherit $122 Billion Business Empire

Now the father is looking for someone else to take his place.

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China’s wealthiest man currently has a problem – his only son doesn’t want to inherit his $122 billion business empire. So he now has to look for someone else to take his place.

Dalian Wanda Group founder and chairman Wang Jianlin, 62, has publicly shared that his son Wang Sicong, 28, has refused to take over his businesses composed of shopping hotels, shopping centers, sports clubs, and theme parks.

In a recent entrepreneurs summit, Wang revealed details about it.The Chinese transcript of his speech was published on the Wanda group website and was translated to English by South China Morning Post.

“I have asked my son about the succession plan, and he said he does not want to live a life like mine,” said Wang.

He continued:

“Perhaps young people have their own quests and priorities. Probably it will be better to hand over to professional managers and have us sit on the board and see them run the company.”

At the moment, Wang is looking at possible replacements. He said:

“We have several professional managers as candidates.

“The one who is handpicked and later trained to be a business leader should be no better than those who manage to stand out of the others through competition.”

Wang Sicong, meanwhile, is currently director of his father’s empire.

In 2011, he established Prometheus CapitaL.

He has also made investments in Invictus Gaming, Dining Concepts Holdings. He went to school in Britain and pursued philosophy at the University College London.

Last year, he made headlines when he bought two Apple Watches for Wang Keke – his pet dog.

Photos of the husky went viral on Weibo, a popular social media network in China.

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Controversial Video Shows Father Teaching His 4-Year-Old Daughter To Fire A Rifle

The gun-loving father believes that teaching his kid is a good way of protecting her.

As parents, we all have the duty to teach our kids a lot of things such as good behavior and basic life skills like reading, writing, and more. But should we also teach our children to use firearms?

The viral video below shows us exactly that.

Buck Holly, a custom gun builder from Florida, uploaded a controversial video on the internet which has since sparked a lot of debate.

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People

5 Strangest True-to-Life Divorce Stories Ever

Divide the house between us? Sure.

Divorce occurs for different sorts of reasons and so no two divorce tales are totally identical. Sure, the circumstances may be common (a cheating spouse, money problems, irreconcilable differences) but the stories below turned out to become too bizarre they're almost not real.

Read below to find out how divorce can bring out the nastiest in even the most (formerly) loving couples.

1. Feuding couple builds a wall through the middle of their house.

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13 Photos that Show How Different a Woman’s Body Can Look at the Same Weight

Here’s definitive proof that two women who weigh the same can have very different bodies.

So many women are so fixated on how their body looks, partly due to all the media that tells them how a "perfect" body should look. There are all sorts of magazines, advertisements, movies, and TV shows that show flawless women. These are women with flawless cellulite-free skin, tiny waists, long legs, and perfect bust-to-butt ratios that can make any girl feel insecure.

It's because of this that many women feel like they need to change their diet and exercise routine to be within the weight category that they feel is "ideal." However, it must be noted that weight doesn't necessarily reflect a person's level of fitness. For instance, a physically fit and toned woman can weigh more than a woman who has a fuller figure. They may look completely different, but if you look at the numbers on the scale, you might imagine they're the same.

So to drive the point home that lighter doesn't always mean skinnier and bigger doesn't always mean heavier, here are 13 images form MyBodyGallery that illustrate just how different two women with the same weight can look!

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