Portrait of Ty Warner

Rank #445

Ty Warner

Net worth $8.1B

Plush toys, real estate · United States

Born
Sep 03, 1944
Age
81
Source
Plush toys, real estate
Residence
Oak Brook, Illinois
Citizenship
United States
Marital status
Single
Children
0
Education
Drop Out, Kalamazoo College

Net worth over time

Biography

  • Ty Warner is the creator of Beanie Babies, the plush toy fad of the 1990s.
  • Warner used the profits from selling Beanie Babies to assemble a high-end hotel portfolio, including the Four Seasons in New York.
  • Ty Inc. still sells Beanie Babies but has expanded its offerings to include toys like Beanie Boos and Beanie Bellies.
  • His Las Ventanas al Paraiso resort in Mexico rents its Ty Warner Mansion for $35,000 a night.
  • Warner has donated $100 million in cash and toys to the Children's Hunger Fund since 2005.
  • A onetime bellman, car valet and fruit market vendor, Warner found his calling as a salesman, peddling encyclopedias and later stuffed animals at toymaker Dakin.
  • Warner was convicted of tax evasion and paid a $53 million fine in 2013 for stashing money in a Swiss bank, but avoided jail time.
  • Zach Galifianakis played Warner in the 2023 fictionalized drama film "The Beanie Bubble."

Financial assets

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