Wang Jian, co-chairman and co-founder of HNA Group, passed away on July 3 after a serious injury caused by a fall, a spokesman said today.
HNA said Wang, 57, suffered a fall in Provence and received medical treatment but did not recover.
"HNA Group extends deepest condolences to Mr Wang's family and many friends," HNA's board and management team said in a statement.
"Together, we mourn the loss of an exceptionally gifted leader and role model, whose vision and values will continue to be a beacon for all who had the good fortune to know him, as
well as for the many others whose lives he touched through his work and philanthropy."
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