Pop Mart Founder Wang Ning’s Net Worth Drops $6 Billion As Labubu Demand Cools

forbes.com/sites/ywang/2025/09/15/pop-mart-founder-wang-nings-net-worth-drops-6-billion-as-labubu-demand-cools

Wang Ning, the founder of Chinese toy maker Pop Mart International Group, has seen his net worth plummet by almost $6 billion in less than a month – as the latest edition of the company’s Labubu series of dolls seems to be losing some traction in mainland China.
The 38-year-old chairman…

This story appeared on forbes.com, 2025-09-15 23:24:54.356000.
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