Business
Pop Mart: China’s mystery toymaker becomes multi-billionaire – BBC News
The founder of Pop Mart has seen his wealth surge as millions of Chinese buy collectible toys.
By Justin HarperBusiness reporter, BBC News
A Chinese mystery toymaker has seen his wealth surge after his company was floated on the stock market on Friday.
Pop Mart, founded by Wang Ning, has grown rapidly to become a company worth around $7bn (£5.3bn).
The firm sells collectible figures for about $8 each in packaging that doesn’t allow buyers to see what’s inside.
Mr Wang owns around 50% of Pop Mart following the stock market launch in Hong Kong on Friday, and now has a net worth of $3.2bn, according…
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