Wang Ning

Wang Ning (, born 1987) is a Chinese businessman. He is the CEO of Pop Mart, a Chinese toy company he founded in 2010. As of February 2026, Wang has an estimated net worth of , according to Forbes.

Early life and education Wang was born in 1987 in Huojia County, Henan, China. His parents ran a small commerce business.

He was graduated from Sias University in 2009 with an undergraduate degree in advertising. Wang earned an MBA from Peking University's Guanghua School of Management in 2017.

Career

After graduating in 2009, Wang worked a year at Sina Corporation. Over the years, he began to develop toy lines in partnership with artists, including the Hong Kong-based Kenny Wong.

In December 2020, Pop Mart went public on the Hong Kong Stock Exchange.

As of December 31, 2024, Wang held approximately 48.73% of Pop Mart’s issued shares through controlled corporations and a trust.

Pop Mart gained widespread attention in 2023 with the popularity of the Labubu toy line, which has since been endorsed by several celebrities, including Blackpink's Lisa. As a result, Wang became China's 10th richest individual in June 2025.