As per the reports by the Forbes Real-Time Billionaires List, the net worth of the 38-year-old increased from 7.59 billion ...

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Wang Ning, the 38-year-old founder of toy company Pop Mart, has become one of the youngest billionaires in China. His company is best known for creating Labubu, a small, mischievous-looking toy ...

Wang Ning, founder of toy maker Pop Mart International Group, has joined the ranks of China’s top ten billionaires for the first time, as the company’s Labubu dolls fly off store shelves.

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Last month, Pop Mart CEO and Chairman Wang Ning became $1.6 billion richer in a single day due to American buyers lining up for their own Labubu, Forbes reported.

Labubu fever is sweeping the globe, sparking a consumer craze that rivals the frenzy of snagging Eras Tour tickets. But it’s not just lucky collectors with rare Labubus who are coming out on top.