Wang Ning (businessman)

Wang Ning
王宁
Born1987 (age 37–38)
NationalityChinese
EducationSias University (BA), Guanghua School of Management (MBA), PBC School of Finance (EMBA)
OccupationBusinessman
TitleFounder and CEO of Pop Mart

Wang Ning (Chinese: 王宁, born 1987) is a Chinese businessman. He is the CEO of Pop Mart, a Chinese toy company he founded in 2010.[1] As of July Wang has an estimated net worth of US$21.9 billion.[2]

Early life and education

Wang was born in 1987 in Huojia County, Henan, China. His parents ran a small commerce business.[3]

He graduated from Sias University in 2009 with an undergraduate degree in advertising. Wang earned an MBA from Peking University's Guanghua School of Management in 2017.[4] He later attained an EMBA from The Tsinghua University PBC School of Finance.[5]

Career

Wang worked a one year stint for Sina Corporation.[1]

Taking inspiration from Gashapon vending machines in Japan, Wang founded Pop Mart in 2010 as a variety store in Zhongguancun, Beijing.[6] Over the years, he began to develop toy lines in partnership with artists, including the Hong Kong-based Kenny Wong.[7]

In December 2020, Pop Mart went public on the Hong Kong Stock Exchange.[8]

Pop Mart gained widespread attention in 2023 with the popularity of the Labubu toy line, which has since been endorsed by several celebrities, including Blackpink's Lisa.[9] As a result, Wang became China's 10th richest individual in June 2025.[10]

See also

References

  1. ^ a b Surbano, Eric (27 June 2025). "Everything to Know About Pop Mart Founder Wang Ning". www.prestigeonline.com. Retrieved 30 June 2025.
  2. ^ Wang, Yue (28 April 2025). "China's Wang Ning Adds $1.6 Billion To Wealth As Americans Queue For Toys". Forbes. Retrieved 30 June 2025.
  3. ^ "河南省商务厅-"新质豫商"系列访谈丨王宁:潮玩王国源起河南小城". hnsswt.henan.gov.cn. Retrieved 30 June 2025.
  4. ^ "Ning Wang - 9992.HK | Pop Mart International Group Ltd. - Wall Street Journal". www.wsj.com. Retrieved 30 June 2025.
  5. ^ "王宁(泡泡玛特国际集团创始人、董事长兼CEO) - 经历网". www.jili20.com. Retrieved 30 June 2025.
  6. ^ Li, Jasmine (18 May 2024). "This millennial-founded Chinese company scored a $6 billion valuation selling mystery toys. Now it wants to cash in on America's cuteness craze". Fortune. Retrieved 30 June 2025.
  7. ^ Wang, Yue (2 July 2020). "Master Of Mystery: The New Billionaire Who Made A Fortune Selling Toys In Blind Boxes". Forbes. Retrieved 30 June 2025.
  8. ^ Jin, Andrew Teoh Beng; Kandel, Bijay Kumar; Bhattacharjya, Aniruddha (2 August 2023). ICIDC 2023: Proceedings of the 2nd International Conference on Information Economy, Data Modeling and Cloud Computing, ICIDC 2023, June 2–4, 2023, Nanchang, China. European Alliance for Innovation. p. 654. ISBN 978-1-63190-417-2.
  9. ^ Johnson-Wheeler, Lara (31 May 2025). "And They Call It Plushie Love: Fashionable People on Their Labubu Obsession". Vogue. Retrieved 30 June 2025.
  10. ^ Wang, Yue (12 June 2025). "Pop Mart's Wang Ning Is China's 10th Richest Thanks To Labubu Mania". Forbes. Retrieved 30 June 2025.