Pop Mart founder and CEO Wang Ning became one of the 10 richest billionaires in China by net worth riding on the Labubu mania. Details here.

Here’s what you need to know about Wang Ning and how he started the Labubu's parent toy company Pop Mart that’s worth billions.

Ning—who is the founder, chairman and CEO of Pop Mart International Group, the company behind Labubu—has a jaw-dropping net worth estimated to be $22.1 billion, according to Forbes.

But it was Labubu that rocketed Pop Mart and Wang to the stratosphere. Wang is now China's 10th richest man with a net worth of $22.7 billion, according to Forbes' Real-Time Billionaires List.

The Labubu is the hottest toy of 2025, and the net worth of Wang Ning—the founder of the company Pop Mart, which distributes the toy—is proof. Blackpink E! News Now K-Pop Toys ...

Wang Ning: The Billionaire Behind the Brand Wang Ning, now 38 years old, is the founder, chairman, and CEO of Pop Mart. According to Forbes’ Real-Time Billionaires List, his net worth jumped ...

There are now three people worth more than $200 billion for the first time ever, part of the record 15 members of the $100 Billion Club, the elite group at the very top of the list whose net ...