By Date: June 27, 2025
By: Sayu
🧸 1. The Headlines: “Meet Labubu — The Tiny Doll Behind a Billion-Dollar Boom!”
At the heart of this viral phenomenon is Wang Ning, the 38-year-old founder of Pop Mart, who has just made it to the list of China’s top 10 richest people 🇨🇳💰.
As of June 2025, his net worth stands at a staggering $22.7 billion, all thanks to one wide-eyed, wild-haired little toy — Labubu. 🧙♂️👀
🌍 2. In a Nutshell
1️⃣ Labubu is a quirky, collectible doll from China’s Pop Mart, now gaining global popularity. 🌎✨
2️⃣ Pop Mart’s shares have jumped over 500% in the past year 📈🔥
3️⃣ Wang Ning, Pop Mart’s CEO, is now worth $22.7 billion 💼🤑
🐾 3. A Tiny Toy Taking Over the World
With big eyes, messy hair, and a toothy smile, Labubu is winning hearts (and wallets) worldwide.
What started as a simple character from a picture book has now become a pop culture icon, a collector’s dream, and the mascot of a billion-dollar empire. 💫🧸💸
📖 4. From Book Character to Blind Box Superstar
Originally created by artist Kasing Lung, Labubu appeared in the 2015 picture book ‘The Monsters Trilogy’, inspired by Nordic mythology ❄️📚.
Labubu officially joined Pop Mart’s blind box toy line in 2019, offering mystery collectibles where fans never know what’s inside until they unbox. 🎁🔍
💬 “It’s the thrill of surprise that hooked millennials and Gen Z.”
From TikTok unboxings to collector forums, Labubu has exploded in popularity. 🌐💥
Celebrities like BLACKPINK’s Lisa, Rihanna, and Dua Lipa have even been spotted with the doll — making it the “Birkin bag” of toys 👜✨
💹 5. Pop Mart’s Meteoric Rise
Pop Mart was founded in 2010 by Wang Ning as a small shop selling comics and phone covers in Beijing. 📱📚
After noticing the rise of designer toys, Wang pivoted the brand — and that decision changed everything. 🎯
✅ First came the Molly dolls
🚀 Then came Labubu, and the brand soared.
The company went public on the Hong Kong Stock Exchange in 2020. Since then:
📈 Shares have surged over 500% in a year
💵 Valuation has tripled to HKD $270 (US $34.40)
🌏 Stores now span Asia and global shipping markets
🎖️ Pop Mart is now compared to fashion and luxury giants for its cult-like fanbase
👑 6. Wang Ning: From Entrepreneur to Billionaire
“Wang Ning isn’t just a businessman — he’s the visionary behind a toy empire.”
At only 38 years old, he has entered the league of China’s wealthiest, with a net worth of $22.7 billion as of June 2025.
🧠 Wang recognized the potential of combining art, emotion, and exclusivity in toy design.
His success shows how a niche collectible can become a cultural movement — and a luxury status symbol.
❤️ 7. Why Everyone Wants Labubu
Labubu’s charm goes beyond cute features:
📚 Its origin in Nordic-inspired stories adds depth
🧚 It’s designed as a mischievous but well-meaning elf-like creature
🎨 Produced in countless limited and seasonal editions
🔥 But what really drives obsession are the ultra-rare ‘secret’ editions
• Only a 1 in 72 chance of getting one in a blind box
• These fetch thousands of dollars on resale markets 💸💎
• Some even sell for six-figure sums online! 😱📦
🧵 Labubu even made an appearance at Paris Fashion Week, solidifying its role in fashion and lifestyle culture 👗✨
🧠 8. A Toy That’s Not Just a Toy
Labubu is more than plastic — it’s a phenomenon.
It has sparked:
🛍️ Long queues outside stores
📲 Social media trends and unboxings
🛒 A new category of luxury collectibles
🌟 A shift in how the world views toys
🧭 Final Take
“Labubu isn’t just a doll. It’s a symbol of art, culture, surprise, and status — all packed into a tiny toy with a big personality.” 🧙♀️👁️
With Pop Mart’s soaring valuation, global expansion, and Wang Ning’s billionaire success, one thing is clear:
This bug-eyed figure has blurred the lines between childhood joy and adult luxury. 💼🎉💕
In today’s world of fast trends and emotional branding, Labubu proves that small things can lead to massive impact.
👉 Whether you’re a collector, fashionista, or investor — keep your eye on the box. Labubu might just be inside. 🎁🧸💖