Being China's richest man affords many liberties, including buying major Hollywood film companies, importing actor Leonardo DiCaprio to China -- and singing rock ballads at your company's annual meetings.

Wang Jianlin, the chairman of property and entertainment conglomerate Dalian Wanda Group, stood in front of his employees over the weekend at a Chinese New Year gala, swaying side to side as the music set his feet tapping. And he began to belt out "Fake Monk," by Chinese rock legend Cui Jian.

"I want everyone to watch me, but not know who I am," Mr. Wang sang. "If you've fallen in love with me, then please kiss my mouth," he sang. Female dancers circled around him and the crowd, as expected, went wild.

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