Wang Ning - founder of the Pop Mart chain of stores and famous for his Labubu collectible toys, entered the top ten richest billionaires in China with a fortune of 22.3 billion USD, according to Forbes.
The leaders on the list were the founder of ByteDance (owner of TikTok) Zhang Yiming with a fortune of 65.5 billion USD, the CEO of the beverage company Nongfu Spring Zhong Shanshan (58.7 billion USD) and the CEO of Tencent (developer of WeChat) Ma Huateng (52.2 billion USD).
The top ten also included Xiaomi CEO Lei Jun (46.2 billion USD), online game developer NetEase William Ding (42.4 billion USD), the owner of the online platform Pinduoduo and the online store Temu Colin Huang (37.9 billion USD), as well as He Xiangjiang, the founder of the home appliance manufacturer Midea Group (27.9 billion USD), Jack Ma, the founder of Alibaba Group (25.7 billion USD), and Wang Chuanfu, the head of... the car manufacturer BYD (24.5 billion USD).
The manufacturer of Labubu toys Wang Ning completes the top ten richest billionaires in China.