Wang Ning

Some Lesser Known Facts About Wang Ning

• Wang Ning was born in a middle-class fami;y. His parents used to sell fashionable items like records and watches.

• In 2006, while studying at Xi’an International Studies University, he began filming student life videos.

• He founded Gezi Street to innovate retail, created the ColorStyle street dance team, and was named Henan Province College Student Entrepreneurship Model in 2009.

• After college, he worked at Sina Corporation, the parent company of China’s popular microblogging site Weibo, gaining valuable exposure to the digital and content industry.

• In 2010, Wang Ning founded Beijing Pop Mart Cultural & Creative Co., Ltd., becoming Chairman and General Manager, starting his journey in trendy cultural consumer products.

• Wang Ning has often said that Pop Mart’s success was a result of patience and long-term commitment, as it took 15 years to build what many view as a young brand.

• Wang began collaborating with artists, including Hong Kong’s Kenny Wong, whose creation Molly became a viral figurine and drove sales to $73 million in 2018.

• He focused on details like cashier posture and in-store music volume, believing that attention to small things improves the overall consumer experience.

• In 2019, he established Pop Mart International Group Ltd., taking on the role of Executive Chairman and CEO to lead the company’s expansion into global markets.

• He also holds director roles at Tianjin Pop Mart Cultural Communication Co. Ltd., Paqu Huyu, and Pop Mart Hong Kong Holding Ltd., overseeing key segments of the company’s operations.

• In 2024, Pop Mart’s valuation soared to $40 billion with stores across Asia, Oceania, and Europe, and Wang’s net worth hit $20 billion.

  

• On 26 March 2024, Wang announced Pop Mart had surpassed 10 billion yuan in revenue.

• In 2025, the price of Pop Mart’s Hong Kong-listed shares tripled, climbing past HKD 270 (USD 34.40), reflecting soaring demand and investor confidence.

• Pop Mart’s Labubu dolls, designed by Kasing Lung, gained global celebrity fans including Rihanna, Dua Lipa, and Lisa of Blackpink.

  

• In June 2025, he became the youngest and 10th richest billionaire in China.