Roger Wang is a true property entrepreneur and a Chinese-American billionaire who has achieved immense success in his career. Born in mainland China
Key Highlights :
Today, Wang is the chairman of Golden Eagle Retail Group, and his net worth is estimated to be over $2.5 billion. He is also the father of social media celebrity Dorothy Wang, who is best known for her appearances on shows such as “Bling Empire.”
In recent years, Wang has diversified his business interests to include investments in auto services, healthcare, and education. Last year, Golden Eagle’s profit declined by 53.6%, and revenue dropped by 7.4%, due to the economic slowdown caused by the COVID-19 pandemic and geopolitical tensions between China and the West.
On May 29, 2023, Wang and his family announced a privatization offer to buy the approximately 20% of shares that they do not currently own for HK$6.88 per share. This offer values the listed company at HK$11.4 billion, or about $1.5 billion. Following this announcement, shares in Hong Kong-listed Golden Eagle Retail Group soared by 33.9% to HK$6.56.
Wang is also a former chair of the Committee of 100, a group of American citizens of Chinese heritage that works to promote the participation of Chinese Americans in all aspects of American life and constructive relations between the United States and Greater China.
Roger Wang is an inspiring example of what hard work and dedication can achieve. He is a successful entrepreneur, a Chinese-American billionaire, and the father of a social media celebrity. His career is a testament to the power of ambition and a reminder that anything is possible if you are willing to put in the effort.
