Pop Mart Founder Wang Ning’s Net Worth Drops $6 Billion As Labubu Demand Cools
ForbesMonday, September 15, 2025 at 8:41:03 AM
NegativeFinancial Markets

Wang Ning, founder of Pop Mart, has experienced a significant drop in his net worth, losing nearly $6 billion in under a month due to declining demand for the Labubu doll series in China.
Editor’s Note: This decline in Wang Ning's wealth highlights the volatility of the toy market and the impact of consumer trends on business leaders. As demand for popular products fluctuates, it can lead to substantial financial consequences for those at the helm.
— Curated by the World Pulse Now AI Editorial System