Labubu founder on the list of China's richest people

The chain of Pop Mart stores and the creator of the popular Labubu figurines, Wang Ning, has entered the top ten richest entrepreneurs in China. According to Forbes, his wealth has reached 22.3 billion dollars.

At the top of the ranking is Zhang Yiming, founder of ByteDance, which owns TikTok, whose fortune stands at 65.5 billion dollars. In second place is Zhong Shanshan, owner of the Nongfu Spring brand (58.7 billion dollars), while third place goes to Ma Huateng, creator of Tencent and WeChat (52.2 billion dollars).

The subsequent positions are occupied by Xiaomi founder Lei Jun (46.2 billion dollars), NetEase CEO William Ding (42.4 billion dollars), Pinduoduo and Temu online shop platforms founder Colin Huang (37.9 billion dollars), Midea Group owner He Xiangjian (27.9 billion dollars), Alibaba Group founder Jack Ma (25.7 billion dollars), and BYD car manufacturer Wang Chuanfu (24.5 billion dollars). Earlier, Kursiv Uzbekistan reported that the income of the Labubu figurine manufacturer increased by 350 percent since the beginning of the year.

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