Private Third Degree Graduates Earn Billions in No Time!
Have you ever seen a founder like Labubu Wang Ning, who has been ridiculed all along?
After seeing his unconventional growth journey, it's truly mind-blowing.
1.
A young man selling toys has surprisingly surpassed the net worth of Mu Yuan's founder Qin Yinglin, reaching 16.3 billion dollars, becoming the new richest person in Henan.
Who would have thought that his business proposal, which was thrown in the trash by countless investors back then, has now created a trendy toy empire valued at over 300 billion?
He planned to raise 60 million, offering 10%, but no one wanted it.
2.
On February 16, 1987, Wang Ning was born into an ordinary family in Zhang Zhaizhuang, Huangdi Town, Huojia County, Xinxiang City, Henan Province.
Wang Ning recalled that his parents were pioneers in the wave of reform and opening up, running a small shop in Huojia County to make a living, selling a wide variety of goods, from records and tapes to the latest watches and fishing gear, among many others. Influenced by this environment, young Wang Ning participated in the daily routine of managing the shop early on.
The business atmosphere in Huojia County is also quite strong; it is known as the 'Hometown of Amusement Equipment in China.' Public reports indicate that 60%-70% of the amusement equipment in the country is produced in Huojia County, Xinxiang City today.
3.
Wang Ning's family is predominantly made up of businesspeople, with very few working within the system. During family gatherings, the topics of conversation among the older generation and relatives often revolve around doing business. As a result, Wang Ning was influenced from a young age, developing a sense of entrepreneurship and a basic understanding of the retail industry. He believes that he should start a business when he grows up. The business-oriented family atmosphere was crucial for Wang Ning's commercial enlightenment.
There is little information available online about Wang Ning's life before college. This year marks the 100th anniversary of Huojia No. 1 High School, and some people have mentioned online that Wang Ning graduated from there and donated 1 million yuan to his alma mater this year, but this information has not been officially reported, so its credibility is questionable.
In 2005, at the age of 18, Wang Ning started a summer football class in Huojia County, Xinxiang City, because he was good at playing football, successfully enrolling more than a dozen students to practice.
In September 2005, Wang Ning officially enrolled in the International College of Xi'an Jiaotong Liverpool University, majoring in Advertising.
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