The "Ironman" brand has a new owner.
Chinese billionaire Wang Jianlin has agreed to pay $650 million for World Triathlon Corporation, in the latest expansion of his growing sports empire. World Triathlon organizes Ironman events and controls the brand name.
The signature Ironman event includes a 2.4-mile swim, followed by a 112-mile bicycle ride and 26.2-mile run (that's a full marathon). After completing the grueling event, some participants choose to tattoo the Ironman brand logo on Wang already owns a stake in Atletico Madrid football club and Infront Sports & Media. Once the World Triathlon acquisition is finalized, his company, Dalian Wanda Group, claims it will be the "largest The report estimated Wang was worth $42.6 billion.sports operating company in the world."
Wang recently overtook Hong Kong billionaire Li Ka-Shing as Asia's richest man, according to a ranking released last week by the Hurun Report.
The "Ironman" brand has a new owner.Chinese billionaire Wang Jianlin has agreed to pay $650 million for World Triathlon Corporation, in the latest expansion of his growing sports empire. World Triathlon organizes Ironman events and controls the brand name.The signature Ironman event includes a 2.4-mile swim, followed by a 112-mile bicycle ride and 26.2-mile run (that's a full marathon). After completing the grueling event, some participants choose to tattoo the Ironman brand logo on Wang already owns a stake in Atletico Madrid football club and Infront Sports & Media. Once the World Triathlon acquisition is finalized, his company, Dalian Wanda Group, claims it will be the "largest The report estimated Wang was worth $42.6 billion.sports operating company in the world."Wang recently overtook Hong Kong billionaire Li Ka-Shing as Asia's richest man, according to a ranking released last week by the Hurun Report.
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