Chinese toy maker Pop Mart's CEO Wang Ning, the man behind viral Labubu dolls, has now become the 10th richest individual in China, according to Forbes' Real-Time Billionaires List. With a net worth of $22.7 billion, the 38-year-old is now the youngest among China's top ten billionaires. Pop Mart revealed a 170% year-on-year growth in Q1 sales of 2025.