Billionaire You've Never Heard Of - Ty Warner

Have you ever heard of Ty Beanie Babies?

Do you have one or have you ever had one of them?

Do you know who was the inventor of these cute plush toys?

Let me tell you,
his name is Ty Warner,
aged 66 years old.

He invented these small toys stuffed with plastic beans called Ty Beanie Babies back in 1993.

His invention and talent in marketing earned him $6 billion back in those years,
but now his net worth has dropped to $2.9 billion.
But that amount still makes him a Billionaire.

It's not surprising that not much people know about who he is because he likes to keep himself out of the public spotlight.
He really is a secretive guy - even his corporate phone number is not on the phone list.


But we managed to dig up part of his story and are about to share it with you, take a look.

• Ty began attending college at Kalamazoo College in Kalamazoo, Michigan where he studied Drama.
• He went to work selling plush animals for a San Francisco based toy company called Dakin in 1962. 
• He heads to Sorrento, Italy after leaving Dakin looking for business inspiration. 
• In Italy he discovered a nice range of soft, cute and cuddly plush cats which he had never seen in the U.S. 
• In 1986, Ty, Inc. was incorporated.

He really is a generous guy where he donated:

• $6 million to the Andre Agassi Foundation for underprivileged children in Las Vegas 
• $3 million for the creation of Ty Warner Park, $8M for the Ty Warner Sea Park in California 
• 10,000 Beanie Babies for children in Iraq.