POP MART Founder Wang Ning's Net Worth Triples to $22.2 Billion Amid Controversy Over $11.2 Blind Box

Deep News
11/07

On November 7, Forbes released the 2025 Forbes China Mainland Rich List, highlighting POP MART founder Wang Ning as the member with the highest percentage increase in net worth. The toy tycoon's wealth more than tripled year-over-year to reach $22.2 billion, fueled by the global popularity of Labubu dolls.

Notably, POP MART recently faced backlash after a livestreaming incident in its official channel. During the launch of DIMOO's new "Newborn Diary" series, an employee remarked while showcasing the $11.2 "DIMOO Newborn Diary Series Blind Box Keychain": "Wow, $11.2 is kinda (expensive) for this." Another staffer responded: "No worries, someone will buy it anyway." The exchange was widely interpreted as mocking consumers as "cash cows."

The incident drew scrutiny to POP MART's premium pricing strategy. Its H1 2025 financial report revealed a record-high gross margin of 70.3%, up 6.3 percentage points YoY—surpassing Apple's Q4 2025 margin of 47.18%. Even compared to luxury giants, it outperformed LVMH (66.84%) and Richemont (67.2%), nearly matching Hermès' 70.67%.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10