Pop Mart’s Labubu toys are fueling a 240 percent stock surge and making CEO Wang Ning one of China’s youngest billionaires.

That said, there’s certainly no harm in knowing about Labubu. Having some basic familiarity with the trend might be ...

CEO adds $1.6 billion to fortune According to an April 2025 Forbes report, Wang Ning became $1.6 billion richer in a single day thanks to his company’s soaring popularity in the United States.

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 ...

Wang Ning, the chairman and CEO of Chinese toy maker Pop Mart International, became $1.6 billion richer in a single day, all thanks to his company's viral Labubu dolls.

Wang: In 2020, I said that if there would be a Chinese company that most resembled Disney in five years' time, it would definitely be Pop Mart. Since last year, however, our aspiration has shifted.

Wang Ning saw his wealth surge almost three fold this year, thanks to strong investor demand for the initial public offering of his Pop Mart International Group.

Wang served as COO and CFO at HackerOne for more than three years, playing an instrumental role in growing adoption of its hacker-powered security platform by more than 10x during that time.