Entrepreneur Wang Jianlin used to be China's richest man, known for his extravagant acquisitions, but his fortunes have dipped following the move by the government to curb capital outflows and an economic fallout due to Covid-19.
Gone are the days when his lavish spending - which included buying a US$20.4 million (S$27.4 million) Claude Monet painting and US$650 million investment in the organiser behind the Ironman triathlons - made headlines.
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