A visitor passes by a Labubu statue during an organized tour on June 3, 2025 in Popland, a theme park opened by Chinese toy ...

Wang Ning's fortune is largely tied to his substantial stake in Pop Mart, the Beijing-headquartered toy company responsible for producing Labubu. The firm has witnessed meteoric success as its ...

The sales have made Wang Ning, founder of toy maker Pop Mart International Group, a top ten billionaire in China.