LabubuDoll
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Wang Ning, 38, CEO of Pop Mart and creator of the Labubu doll, is now one of China's youngest top 10bilionaires, with a net worth of $22.7 billion.
His success stems from Labubu's global popularity and
Pop Mart's blind box business model, which fuels anticipation and collectibility.
The unique surprise element drives high demand and
resale value among Gen Z collectors.Celebrity endorsements, including Rihanna's, have further boosted Labubu's status as a must -have cultural phenomenon.
$BTC
Wang Ning, 38, CEO of Pop Mart and creator of the Labubu doll, is now one of China's youngest top 10bilionaires, with a net worth of $22.7 billion.
His success stems from Labubu's global popularity and
Pop Mart's blind box business model, which fuels anticipation and collectibility.
The unique surprise element drives high demand and
resale value among Gen Z collectors.Celebrity endorsements, including Rihanna's, have further boosted Labubu's status as a must -have cultural phenomenon.
$BTC
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