{"id":7876,"date":"2025-06-09T17:20:21","date_gmt":"2025-06-09T09:20:21","guid":{"rendered":"https:\/\/goutanddesign.com\/wpress\/?p=7876"},"modified":"2025-06-09T17:20:21","modified_gmt":"2025-06-09T09:20:21","slug":"labubu-craze-crowns-a-new-tycoon-in-henan","status":"publish","type":"post","link":"https:\/\/goutanddesign.com\/wpress\/2025\/06\/labubu-craze-crowns-a-new-tycoon-in-henan\/","title":{"rendered":"Labubu Craze Crowns a New Tycoon in Henan"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time : <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p style=\"text-align: justify;\"><strong>According to Forbes\u2019 real-time billionaire rankings, Wang Ning, founder of Pop Mart, has surpassed pig-farming magnate Qin Yinglin to become the richest person in Henan. The key to his meteoric rise? A mischievous little character named Labubu, whose blind-box toys have turned into a cultural and financial phenomenon across Asia.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_7877\" aria-describedby=\"caption-attachment-7877\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7877\" src=\"https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z2-4.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z2-4.jpg 1000w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z2-4-600x400.jpg 600w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z2-4-300x200.jpg 300w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z2-4-768x512.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-7877\" class=\"wp-caption-text\">Wang Ning, founder of Pop Mart<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">Labubu first appeared in 2019 and quickly became the face of a new kind of consumer addiction. Fans scramble to collect each new release, despite not knowing which figure they\u2019ll get until they open the box. The April launch of Labubu 3.0 caused online crashes and instant sell-outs, with resale prices multiplying within hours.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7878\" src=\"https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z.avif\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z.avif 1000w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z-600x400.avif 600w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z-300x200.avif 300w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z-768x512.avif 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">Wang Ning, who owns nearly half of Pop Mart\u2019s shares, has seen his fortune skyrocket as the company&#8217;s value climbed over 170% this year. The market now places Pop Mart at more than HK$300 billion. Labubu\u2019s cute yet rebellious design clearly struck a nerve, turning a niche toy into a billion-dollar brand.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7879\" src=\"https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z4-5.jpg\" alt=\"\" width=\"1000\" height=\"989\" srcset=\"https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z4-5.jpg 1000w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z4-5-100x100.jpg 100w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z4-5-600x593.jpg 600w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z4-5-300x297.jpg 300w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2025\/06\/z4-5-768x760.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">This shift in wealth from livestock to lifestyle toys signals something deeper: China&#8217;s new rich are not just pig farmers and tech giants, but also creators of icons like Labubu. As Pop Mart continues to expand globally, Wang\u2019s success shows how one character can redefine both pop culture and personal fortune.<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_5125\" aria-describedby=\"caption-attachment-5125\" style=\"width: 1000px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5125\" src=\"https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2024\/05\/Ben-footer-mar2024-1000.png\" alt=\"B\u00e9n\u00e9dicte Lin \u2013 Brussels, Paris, London, Seoul, Bangkok, Tokyo, New York, Taipei, Hong Kong\" width=\"1000\" height=\"379\" srcset=\"https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2024\/05\/Ben-footer-mar2024-1000.png 1000w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2024\/05\/Ben-footer-mar2024-1000-600x227.png 600w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2024\/05\/Ben-footer-mar2024-1000-300x114.png 300w, https:\/\/goutanddesign.com\/wpress\/wp-content\/uploads\/2024\/05\/Ben-footer-mar2024-1000-768x291.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-5125\" class=\"wp-caption-text\">B\u00e9n\u00e9dicte Lin \u2013 Brussels, Paris, London, Seoul, Bangkok, Tokyo, New York, Taipei, Hong Kong<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>#Labubu #PopMart #WangNing #BlindBox #HenanRichest #CollectibleToys<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time : <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span> Labubu, Pop Mart\u2019s star character, has helped Wang Ning dethrone Qin Yinglin as Henan\u2019s richest man. The blind-box sensation has driven Pop Mart\u2019s stock to record highs, proving a quirky toy can reshape China\u2019s billionaire landscape.<\/p>\n","protected":false},"author":2,"featured_media":7880,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26,79],"tags":[397,19,27,486,217,83,4,94,44,487],"class_list":["post-7876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-branding","category-famous-people","tag-397","tag-benedicte","tag-branding","tag-bubu","tag-china","tag-famous-people","tag-gout-design","tag-money","tag-shopping","tag-wang-ning"],"_links":{"self":[{"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/posts\/7876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/comments?post=7876"}],"version-history":[{"count":1,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/posts\/7876\/revisions"}],"predecessor-version":[{"id":7881,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/posts\/7876\/revisions\/7881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/media\/7880"}],"wp:attachment":[{"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/media?parent=7876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/categories?post=7876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goutanddesign.com\/wpress\/wp-json\/wp\/v2\/tags?post=7876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}