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Dubai News Club > Lifestyle > “Labobo” is losing popularity and causing its founder’s wealth to decline by about $11.3 billion
Lifestyle

“Labobo” is losing popularity and causing its founder’s wealth to decline by about $11.3 billion

Press Room
Last updated: 2025/12/22
Press Room
Published: December 22, 2025
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Chinese billionaire Wang Ning, founder and chairman of…Pop Mart“, about $11.3 billion of his wealth, which was estimated at $27.5 billion at the height of the “Labobo” doll craze last August, amid fears that these…

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