Pop Mart Founder Wang Ning’s Net Worth Drops $6 Billion As Labubu Demand Cools
Labubu dolls on display at a Pop Mart International Group Ltd. store in Shanghai, China. Raul Ariano/Bloomberg 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…