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

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 ...

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.

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, 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.

Speaking on the collaboration, Wang said that he’s “honored to be given this opportunity to work together and reinterpret what Li-Ning stands for. We’re presenting a new fashion-driven ...

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.