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Pop Mart Founder Wang Ning’s Net Worth Drops $6 Billion As Labubu Demand Cools

Pop Mart Founder Wang Ning’s Net Worth Drops $6 Billion As Labubu Demand Cools

Wang Ning, the founder of Chinese toy maker Pop Mart International Group, has seen his net worth plummet by almost $6 billion in less than a month – as the latest edition of the company’s Labubu series of dolls seems to be losing some traction in mainland China.

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