Together with Chen Feng, he was co-founder and co-chairman of Hainan Airlines and the affiliated conglomerate HNA Group, with assets worth US$230 billion in 2018.
Together with partner Chen Feng, Wang also founded the conglomerate HNA Group, which grew to become the world's 170th largest company according to Fortune Global 500, with total revenue of US$53 billion in 2017.
[8] Wang and Chen were the largest individual shareholders of HNA, with each owning about 15% of the company as of 2017,[7] making them two of the richest people in China.
[8] In addition to his responsibilities at HNA, Wang also taught as a part-time professor at his alma mater, Civil Aviation University of China.
He climbed onto a low wall above a cliff to have his picture taken, but lost his balance and fell backward, landing on rocks about 15 metres (49 ft) below.