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Labubu dolls
Labubu plush toy tycoon Wang Ning’s fortune shrinks by $11B
Wang Ning, chairman and CEO of Labubu toy producer Pop Mart International Group, has seen his net worth plunging US$11.3 billion four months amid concerns about the company’s long-term performance.
From surpassing Jack Ma to losing $6B: How Popmart billionaire Wang Ning’s fortune skyrockets and then plunges with the Labubu hype
From small China store to $40B toy empire: How Pop Mart rose to global fame with Labubu dolls
Toy maker Pop Mart’s founder Wang Ning now China’s 10th richest billionaire on Labubu craze
Wang Ning, founder of Pop Mart, has become China’s 10th richest man as the toy maker’s Labubu dolls take the world by storm, boosting his net worth to US$22.7 billion.
June 13, 2025 | 12:57 am PT
Pop Mart to pursue legal action over unauthorized use of Labubu in food products
Chinese company Pop Mart, the intellectual property (IP) manager for the popular art toy character Labubu, is pursuing legal action against food retailers using the character without authorization.
November 25, 2024 | 10:23 pm PT
