Wang Shi (王石, born in 1951 Guangxi Province, China) is a Chinese businessman. He is the Founder and Chairman of China Vanke, the largest real estate enterprise in China and the largest residential real estate developer in the world.
Wang Shi’s business experience as well as his research results on the private sector of China has a wide impact in the academia home and abroad, relevant Chinese government agencies, and industry circles; meanwhile he is regarded as an authority on the practice of the Chinese private sector.
In 2009 the company recorded sales of RMB 63.42 billions, with net profits of RMB 5.33 billions. At the end of 2009, Vanke commanded a national market share of 1.66%. Its business reaches cover the thirty-plus cities economic spheres centred round the three major metropolises in the Pearl River Delta, the Yangtze River Delta, and the Bohai-rim. In the past 25 years, the company sold a total of 260,000 property units, attaining worldwide top ranking for the number of property units sold. With philosophical notion as cornerstone, placing moral ethics above commercial interests are the most distinctive Vanke attributes.
The first fortune for Wang Shi was said from trading train goods and trading with Hong Kong.
From 2011 – 2013, Wang Shi studied at Harvard as a visiting scholar. He argued that his experience will help Vanke connect with the world and inspire more people to continue challenging their horizons.
Wangshi has no family members working in his organisation, and believes that position is achieved by merit and not blood.
Currently, Wang Shi serves as the Executive Director of The One Foundation, and an Independent Director for the World Wildlife Fund, Sohu.com, Inc., China Resources Land, Modern Media Holding, and Central China Real Estate. In 2011, Wang Shi was named by Fortune Magazine as one of “Fifteen Business Leaders Who’ve Changed China.”
As a noted author, Mr. Wang Shi has at various times acted as spokesperson for VOLKSWAGEN Touareg, China Mobile Gotone, Ping An Insurance, TOREAD, Tourism TV, and Motorola handsets.
As an amateur for the mountaineering sport, Mr. Wang Shi has successfully scaled the summit of Everest respectively from the South Face in 2003 and the North Face in 2010, keeping the China record to this date for the most senior age to each the summit. He also successfully completed the feats of scaling the highest peaks of the seven continents and traversing the South Pole and the North Pole respectively in 2004 and 2005.
Wang Shi loves mountaineering, gliding, seafaring. In 2001, he was awarded an honor from National Sports Authority, and in 2002 he was elected the vice-chairman of Chinese Hiking Association. He has made successful attempts on reaching the highest summits of seven continents from 2002 to 2004.
In May, 2003, Wang Shi and a Chinese amateur team made a successful attempt on reaching the summit of Mount Everest. At the age of 53, he broke the Chinese record as the eldest Chinese national who has reached the summit of Mount Everest.
In April and September, 2005, he successfully trekked to the North Pole and the South Pole, achieving his goal of “climbing the highest summits of seven continents and reaching the North and South Poles.”
In May, 2010, Wang Shi, at age 60, made another successful attempt on reaching the summit of Mount Everest, broke the Chinese age record he created back in 2003.