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Wang Ning, the CEO of Pop Mart Inc., has entered the top 10 richest Chinese with a net worth of over PHP1.2 Trillion ($21 Billion).
The Labubu CEO, at 38 years old, is also the youngest billionaire in the top 10 list.
Pop Mart, listed on the Hong Kong Stock Exchange, has seen its stock price rise over 25x since its low last October 2022. The company has benefited from Labubu's popularity with the toy reaching mainstream attention in countries like the Philippines.
Over a 3 year period, the Pop Mart stock has outperformed many popular crypto such as Bitcoin, Solana, and Ethereum.
The Labubu CEO, at 38 years old, is also the youngest billionaire in the top 10 list.
Pop Mart, listed on the Hong Kong Stock Exchange, has seen its stock price rise over 25x since its low last October 2022. The company has benefited from Labubu's popularity with the toy reaching mainstream attention in countries like the Philippines.
Over a 3 year period, the Pop Mart stock has outperformed many popular crypto such as Bitcoin, Solana, and Ethereum.
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