Latest news with #Real-TimeBillionairesList
India.com
21-07-2025
- Business
- India.com
Billionaire Warren Buffett earns Rs 80 lakh per hour from this share! Every year earns Rs 70310000000, the company is…
Billionaire investor Warren Buffett's company, Berkshire Hathaway, is earning over Rs 80.27 lakh every hour from its investment in Coca-Cola shares. Buffett's firm owns a massive 400 million shares of the beverage giant. This holding generates an annual dividend income of Rs 7,031 crore, which translates to around Rs 19.27 crore per day. Buffett earns more in an hour from Coca-Cola dividends than what an average American earns in an entire year. Warren Buffett Shares In Coca-cola Buffett began investing in Coca-Cola in 1988. Over the next few years, Berkshire Hathaway acquired 400 million shares for around Rs 11,000 crore. As of now, Buffett holds over a 7% stake in the company. Coca-Cola is considered a 'defensive stock', meaning people continue consuming its products even during economic downturns. Coca-Cola has delivered a 3,600% return since 1988. The company has also increased its dividend consistently for 60 consecutive years, earning it the title of 'Dividend King.' Buffett has never sold even a single Coca-Cola share. His initial investment of Rs 11,201 crore has grown into a multi-billion-dollar stake. This year, Coca-Cola paid a dividend of $2 per share. Coca-Cola Shares Price Up 13% This Year As of now, Coca-Cola stock has delivered a 13% return in 2025. On January 2, the share price was $61.84, and it has since risen to $69.85, gaining $8.01 per share. In June, Warren Buffett donated $6 billion (around Rs 51,300 crore) worth of Berkshire shares to the Bill & Melinda Gates Foundation and four family charities. This was his largest annual donation ever. According to Forbes' Real-Time Billionaires List, Warren Buffett has a personal net worth of Rs 12.26 lakh crore. At 94 years old, he is one of the world's most successful investors.
Mint
15-07-2025
- Business
- Mint
Satoshi Nakamoto net worth: Bitcoin's elusive creator becomes 11th richest, surpasses Dell CEO
Satoshi Nakamoto, Bitcoin's elusive creator now ranks as the 11th wealthiest person on Earth with a staggering $129 billion worth crypto wealth. Based on Bitstamp's exchange rate on July 11, 2025, and Forbes' Real-Time Billionaires List, Satoshi Nakamoto possesses an estimated 1.096 million Bitcoin worth $128.92 billion, according to After Bitcoin surged as high as $123,000 for the first time in the last few days, Satoshi Nakamoto wealth skyrocketed, but the wealth of Bitcoin's mysterious founder lays dormant in Satoshi Nakamoto's cryptocurrency account. 'Satoshi Nakamoto's Bitcoin holdings increased by $7.4 Billion' Blockchain analytics firm Arkham, in a post on X on July 11 stated, 'The value of Satoshi Nakamoto's Bitcoin holdings increased by $7.4 Billion today, now worth $128.9B' while it announced that Satoshi Nakamoto surpassed Michael Dell. Notably, if Bitcoin continues to record its usual 50 per cent annual growth, Satoshi Nakamoto wealth could potentially increase further, and he may outpace Warren Buffett this year. He can become the second-richest person in the world by late 2026 if the prediction comes true, according to Bloomberg ETF analyst Eric Balchunas. Eric Balchunas in a post on X stated, 'If bitcoin does its normal 50%/ann then Satoshi will pass Buffett this year and Zuck sometime next year-ish to be #2 richest in world (Elon has huge lead). It's fascinating to ponder that the founder of something so successful never cashed in. It echoes Jack Bogle in that regard.' Also Read | Bitcoin hits $123,000: How investors can book gains and report them in ITR Although the Forbes Billionaires List does not consider crypto wallet holdings in its rankings, but a wealth comparison can still be made with the estimates provided. Currently, Berkshire Hathaway CEO, Warren Buffett, occupies 10th spot in Forbes' Real-Time Billionaires List with $142.1 billion net worth followed by Michael Dell, whose fortune stands around $125 billion. Bitcoin history It is believed that the first bitcoin was created in early 2009 by the unknown creator, Satoshi Nakamoto. What began as a passion project for libertarian-minded computer nerds has become entrenched in the mainstream financial system.
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First Post
01-07-2025
- Entertainment
- First Post
How Labubu frenzy made its founder Wang Ning China's youngest billionaire
Wang Ning, founder of toy maker PopMart, the company behind Labubu dolls, is one of China's youngest billionaires. The 38-year-old is now among the country's top 10 richest people, with a net worth of $22.7 billion, rubbing shoulders with founders of companies like Tencent, ByteDance and Nongfu read more Wang Ning, the founder of Pop Mart International Group, is now one of China's wealthiest individuals, all thanks to the skyrocketing popularity of Labubu dolls across Asia, Europe, and the US. Image courtesy: PopMart You might not fully understand the hype around Labubu, and honestly, you're not alone. The scruffy, bug-eyed doll is everywhere these days. Love it or not, one thing's certain: this odd little creature has minted its maker a fortune. Wang Ning, the founder of Pop Mart International Group, is now one of China's wealthiest individuals. At just 38, he's become the country's 10th richest person, and the youngest on the list, all thanks to the skyrocketing popularity of Labubu dolls across Asia, Europe, and the US. According to Forbes' Real-Time Billionaires List, Wang Ning's net worth has soared to $22.7 billion — nearly quadrupling from $7.59 billion earlier in 2024. He now ranks alongside industry giants like ByteDance's Zhang Yiming, Nongfu Spring's Zhong Shanshan, and Tencent's Ma Huateng. STORY CONTINUES BELOW THIS AD So, how did this 'ugly-cute' toy build a billion-dollar empire? Here's what we know. How did the Labubu craze begin? Labubu was born from the imagination of Kasing Lung, a Hong Kong-based Belgian artist known for his quirky monster-themed artwork. The character first appeared in 2015 in his illustrated book series The Monsters, where it stood out for its wild hair, wide eyes, toothy smile, and that odd mix of creepy and cute. While Labubu started as a niche character known to art toy collectors, everything changed in 2019 when Pop Mart saw the character's potential. The company teamed up with Lung, licensed Labubu, and introduced it into its popular 'blind box' collections—a hit format among Gen Z and millennials where buyers don't know which figure they're getting until they open the box. That mystery factor, combined with Labubu's offbeat charm, quickly sparked a collector craze. From small keychains to life-sized plush toys, Labubu is now available in hundreds of designs. Some of the rarest ones have sold for thousands of dollars in resale markets. While Labubu started as a niche character known to art toy collectors, everything changed in 2019 when Pop Mart saw the character's potential. File image/AFP With its growing popularity , Labubu soon crossed over into global pop culture. Celebrities like Rihanna, Kim Kardashian, Dua Lipa, BLACKPINK's Lisa, and even Bollywood actor Ananya Panday have been spotted with the doll. Every time a new Labubu design is released, it flies off the shelves. While standard figures sell for about $30 (around Rs 2,500), limited editions can fetch much higher prices. In one jaw-dropping example, a human-sized Labubu recently sold for $150,000 (roughly Rs 1.28 crore) at an auction in Beijing. A Labubu doll in China recently fetched $150,000 (Rs 1.28 crore) at auction. Reuters A bank in China also tried to entice new customers by offering Labubu toys to anyone who opened a new account and deposited more than 50,000 yuan. However, the move was blocked by financial regulators. How Labubu made Wang Ning one of China's richest Wang Ning, the man behind Pop Mart, didn't start out in the toy business. A former state television employee, he launched Pop Mart in 2010 as a small Beijing-based store selling designer lifestyle products, toys, and gadgets. But it wasn't until he leaned into the growing demand for collectible art toys—especially blind box figures—that his business truly took off. STORY CONTINUES BELOW THIS AD In 2020, Pop Mart went public on the Hong Kong Stock Exchange, and shares surged by 79 per cent on the first day of trading. Since then, the company has expanded globally, opening flagship stores in cities like New York, London, Tokyo, and Seoul, and launching its own theme park in Beijing. Pop Mart's financial success hit new highs. The company's net profit surged by 188 per cent, with overall sales more than doubling to around 13 billion yuan (approximately $1.8 billion). Image courtesy: PopMart By 2024, Pop Mart's financial success hit new highs. The company's net profit surged by 188 per cent, with overall sales more than doubling to around 13 billion yuan (approximately $1.8 billion), according to reports. Big luxury brands like Coach and Louis Vuitton have also teamed up with the company for special collaborations. Much of this success can be traced back to Labubu. Pop Mart's The Monsters series, which features the oddball character, saw its revenue soar by a staggering 726.6 per cent, making it one of the brand's most profitable and popular lines. With this momentum, global investment giants have taken notice. Deutsche Bank and Morgan Stanley have both raised their share price targets for Pop Mart. Deutsche Bank, in particular, raised its target by 52 per cent to HK$303, citing strong international growth. STORY CONTINUES BELOW THIS AD 'It is rare for a comic/toy IP [intellectual property] to break the culture wall and be embraced by both Asian cultures as well as mainstream Western pop stars and sports stars,' Deutsche Bank analyst Jessie Xu said in a note quoted by Forbes. With input from agencies
Time of India
19-06-2025
- Entertainment
- Time of India
Meet Wang Ning, Pop Mart CEO who's viral Labubu doll made him one of China's top 10 billionaires with a $22.7 billion fortune
Labubu, a Chinese doll, is a worldwide phenomenon dominating the internet. The strange toothy-eyed plus doll has turned into a viral hit, fashion statement and pop culture symbol, particularly among Gen Z collectors. These blind boxes and limited-edition dolls have created huge demand, ranging from the long store lines to resale prices going into six figures. This viral craze has made founder of Pop Mart International, Wang Ning, a top 10 richest billionaire in China with a net worth of more than $22 billion. Labubu trend makes Pop Mart founder Wang Ning China's top 10 billionaires Behind the dynamism of Pop Mart's explosive expansion is its 38-year-old founder, Wang Ning. A Zhengzhou University graduate in advertising, Wang opened the company's first store in 2010 in Beijing's tech district, Zhongguancun. The store initially sold comics and phone accessories but shifted to collectible toys when Wang saw a gap in the market. In 2016, he teamed up with artist Kenny Wong to introduce the Molly doll series, which turned out to be a business success. But it was Labubu that rocketed Pop Mart and Wang to the stratosphere. Wang is now China's 10th richest man with a net worth of $22.7 billion , according to Forbes' Real-Time Billionaires List . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 年最紓壓的農場遊戲！無需安裝 東加：島嶼農場 立即播放 Undo He is also the youngest member of China's elite billionaire club. Labubu dolls : From blind box toy to international sensation Labubu dolls, with their unkempt hair, smiling faces, and alternative appeal, were created by Hong Kong designer Kasing Lung in 2019. Available in forms of plush toys, vinyl characters, and blind box mystery, the collectible series plays off the excitement of surprise and rarity. Customers usually have no idea what figure they'll receive until they unpack the box; a surprise that has been too tempting for Gen Z and millennial shoppers to resist. From the unboxing on social media to streetwear combinations, Labubu dolls have gone mainstream. They have been seen up close with such celebrities as Rihanna, Dua Lipa, and BLACKPINK member Lisa, who have contributed to the doll's transformation from bohemian cult favourite into global fashion phenomenon. Pop Mart becomes a $365 billion powerhouse thanks to Labubu At the heart of this whirlwind success is Pop Mart International Group, the toy firm behind Labubu. Pop Mart has expertise in designer toys and blind box culture, combining art, collectability, and consumer psychology. The company's success has been meteoric, largely owing to its skill in transforming toys into fashionable lifestyle products. Pop Mart shops all over Asia and online websites often sell out in minutes, with resale prices of Labubu dolls reaching two to three times the original price. Some limited versions even sell for six-figure figures, such that they become highly sought-after amongst collectors. Pop Mart was listed in December 2020 at a market cap of $12.5 billion, raising $676 million in its IPO on the Hong Kong Stock Exchange. Ever since, its expansion has been proceeding at a remarkable rate. Shares have tripled, with just HK$365 billion in 2025 alone. Pop Mart, in its latest quarterly filing, reported a 170% year-over-year jump in sales, led by Labubu's aggressive growth. This expansion has prompted comparisons to business groups like Funko and even luxury fashion brands as far as cult-like status and customer loyalty are concerned. How blind boxes and social media transformed Labubu into an international sensation The trend is fueled by a combination of creative design, nostalgia, and healthy online communities, Pop Mart's brand executives say. Enthusiasts use social platforms such as TikTok and Instagram to post sophisticated display arrangements, exchange rare toys, and even dress up Labubu toys as accessories. The blind-box model introduces a gamified experience consumers aren't merely purchasing a product; they're engaging in a game of fortune. Coupled with limited releases, seasonal drops, and celebrity promotion, Labubu has become a cultural phenomenon. Maybe due to its quirky looks, Labubu has been polarizing. Some have called it "creepy," "overhyped," or even "odd." Others see it as an ingenious combination of street culture and collectible art. This divisive attraction has only spawned more attention, making every new drop a spectacle. Also Read | 5,000-year-old dress discovered in Egyptian tomb reveals the ancient craftsmanship
Indian Express
19-06-2025
- Entertainment
- Indian Express
‘Ugly-cute' Labubu doll craze places Pop Mart CEO Wang Ning among China's richest, is worth $22.7 bn
Labubu, the quirky 'ugly-cute' doll, has become an internet sensation and a favourite among celebrities, igniting a new wave of fashion trends. From Rihanna and BLACKPINK's Lisa to Ananya Panday, stars around the world have been spotted showing off their Labubu dolls. Amid the global craze, Wang Ning, CEO of Pop Mart International Group, has now become one of China's ten richest individuals, according to Forbes' Real-Time Billionaires List. His net worth is now estimated at a staggering $22.7 billion, primarily due to his stake in Pop Mart. Created by Hong Kong artist Kasing Lung, the creation first entered the toy industry in 2015. However, it was 2019 when the sales of Labubu dolls skyrocketed after a collaboration with the Chinese toy giant, Pop Mart. The global craze for Labubu has played a key role in fueling Pop Mart's growth. In 2024, the company's net profit reportedly jumped by 188 per cent, with total sales more than doubling from the previous year to reach roughly 13 billion yuan (around $1.8 billion), the report said. Revenues from the Monsters collection, which features Labubu, soared by an extraordinary 726.6 per cent, serving as a major catalyst for the rise in Pop Mart's value. Labubu dolls, priced between $20 and $30, are sold in 'blind boxes', a format where buyers only discover which design they have received after unboxing. This element of surprise sparked a trend across social media platforms like TikTok and Instagram. In an interview with Hypebeast, Lung shared that his time in the Netherlands was a major source of inspiration for the character. 'I liked to read storybooks and was influenced by ancient European elf legends,' he explained. Reflecting on his early years, Lung added, 'There were no game consoles or computers, so I had to draw dolls with a pen, so I had the idea of painting fairy tales since I was a child.'
