Taking inspiration from Gashapon vending machines in Japan, Wang founded Pop Mart in 2010 as a variety store in Zhongguancun, Beijing. [7] Over the years, he began to develop toy lines in partnership with artists, including the Hong Kong-based Kenny Wong.

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

Jul 21, 2025 · Here’s what you need to know about Wang Ning and how he started the now-famous toy company Pop Mart that’s worth billions of dollars. It’s an unlikely story: a millennial decides opening a toy store, of all things, was the best course of action to be a billionaire—and he actually succeeds.

6 days ago · Wang Ning, billionaire founder of Chinese toy maker Pop Mart International Group, said the company could “easily” reach 30 billion yuan ($4.2 billion) in sales this year.

May 31, 2025 · His company, Pop Mart , has turned childhood nostalgia and psychological manipulation into a $17.9 billion fortune. And the star of this plastic-powered empire? A snaggle-toothed rabbit-imp called Labubu. So buckle up.

Jun 12, 2025 · Wang Ning kickstarted POP MART back in 2010, and it’s been riding the collectables wave ever since. The brand found gold in the idea of blind boxes—those surprise-packed figurines that people now queue hours for or trade like rare currency online.

Jul 1, 2025 · Wang Ning, founder of toy maker PopMart, the company behind Labubu dolls, is one of China’s youngest billionaires. The 38-year-old is now among the country’s top 10 richest people, with a net worth of $22.7 billion, rubbing shoulders with founders of companies like Tencent, ByteDance and Nongfu.

Jul 21, 2025 · 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.

Pop Mart was founded in 2010 by Wang Ning, an entrepreneur with a vision to revolutionize the toy industry. The company started with a simple yet ambitious goal: to create collectible toys that would not only appeal to children but also resonate with adult collectors and art lovers.

Jul 25, 2025 · Wang Ning – Founder and Largest Shareholder Wang Ning is the founder, chairman, and CEO of Pop Mart. As of 2025, he remains the largest individual shareholder, holding approximately 38.2% of the company’s shares through direct holdings and family-controlled entities. His stake gives him effective control over board decisions and strategic …