In 2016, Wang agreed a deal with FIFA to launch the China Cup, in which national football teams compete in Asia each year.Wang has been the economic consultant for Yunnan province, as well as a construction consultant of the Guiyang government, and was named honorable citizen of Changchun city, and "outstanding contributor" to the construction of Dalian city.As of November 2019, Wang is estimated by Forbes to have a net worth of $12.5 billion, making him one of the richest men in China.