The Iconic American Brands Are No Longer American

Initially a Hawaii Triathlon Corporation event, Ironman was bought by Dr. James P. Gills for $3M in 1990, later selling to Providence Equity for $85M in 2008, and ultimately to Dalian Wanda Group in 2015 for $650M.

Under the ownership of the Chinese conglomerate, Ironman not only continued its legacy but also flourished, showing an impressive 40% net growth annually, a testament to the event’s enduring appeal and robust business model.