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Chinese tycoon aims to build world’s most profitable sports company

A Chinese billionaire is planning to build world’s most profitable sports company.

Wang Jianlin who is a Chinese billionaire and head the country’s largest real estate developer Wanda Group said that he planned to add “new content” to Wanda Sports for making it a company with an annual income of more than $10 billion.

Wanga said that “We plan to keep merging and add new content into our sports branch. Wanda Sports aim to become the world’s first sports company with an annual income of more than 10 billion US dollars.”

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