Pop Mart's CEO Is China's 10th Richest Person Thanks to Labubu

SummaryWang Ning, Pop Mart's founder, has become one of China's wealthiest individuals, primarily due to the global popularity of the character LabubuPop Mart's success is rooted in its "blind box" retail model, which leverages surprise and collectibility to create high demand for its original intellectual propertiesPop Mart's CEO Wang Ning has ascended to China's richest ranks all because of Labubu. The unassuming world of designer toys has just produced one of China's newest billionaires, prov...