Ty Warner Net Worth is$2.3 Billion
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Profession: Businessperson
Date of Birth: Sep 3, 1944
Country: United States of America
H. Ty Warner is an American businessman with a net worth of $2.3 billion. Ty Warner gained his net worth by being the CEO and founder of Ty Inc., which manufactures and distributes beanie babies and other plush items for adults and children. Warner was born in Chicago and attended college in Michigan before moving to Hollywood to begin a career in acting.
H. Ty Warner (born September 3, 1944) is an American toy manufacturer and businessman. He is chairman, CEO, sole owner and founder of Ty Inc., which manufactures and distributes Beanie Babies, Beanie Baby 2.0s, Ty Girlz, Pluffies , LI'L Ones, Beanie Boos and other plush items. In 2005 Forbes estimated his net worth at approximately $4.4 billion - down from a peak of $6 billion - still making him one of the wealthiest people in the world.
Warner attended St. John's Military Academy in Delafield, WI. Warner attended Kalamazoo College in Michigan but dropped out after a year and moved to Hollywood to commence a career in acting. He had little success as an actor and returned to Chicago. There he began working for plush toy maker Dakin. After nearly two decades at Dakin and a long sabbatical in Italy, Warner returned to Chicago.
In 1986, Warner mortgaged his home and invested his life savings into founding Ty Inc. In 1993, Ty Inc. launched Beanie Babies. At the peak of the Beanie craze, the privately owned Ty Inc. is believed to have earned over $700 million in profits in a year. In 2007, Ty Inc. went head to head with MGA Entertainment makers of the Bratz with the release of Ty Girlz dolls and virtual world.
Warner has diversified beyond toys with significant investments in hotels, property and golf courses. Ty Warner Hotels and Resorts include the Four Seasons Hotel in New York, the Sandpiper golf course, the Four Seasons Resort in Santa Barbara, California, the San Ysidro Ranch in Montecito, the Kona Village resort in Hawaii purchased in July 2004, the Montecito Country Club and the Las Ventanas al Paraiso Resort in Los Cabos, Mexico which was acquired in September 2004. In 2005, Warner also bought the beachfront Miramar resort and Rancho San Marcos golf course.
Warner is a philanthropist, with donations of $6 million to the Andre Agassi Foundation for underprivileged children in Las Vegas and $3 million for the creation of Ty Warner Park in Westmont, IL.

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Ty Warner Latest News

Ty Warner provides mud zone kids with comforting 'Cito' beanie baby dolls

Hundreds of 'Cito' the search dog Beanie Babies are being given to Montecito school children from creator Ty Warner after a recent disaster in the area. (John Palminteri/KEYT.com) Hundreds of 'Cito' ...
Posted: February 23, 2018, 11:55 am

The 10 Most Valuable Beanie Babies That Could Be Hiding in Your Attic

In addition to being one of the nine original Beanie Babies released in 1993, it’s notable for being named after Patricia Roche, then-girlfriend of company founder Ty Warner and the eventual head of ...
Posted: February 20, 2019, 1:06 pm

Cheyenne natives pen official city song

Twin sisters Annie and Amy Smith, Todd Dereemer and Ty Warner were awarded the distinction earlier this week. For Amy Smith, it’s an honor to be recognized in such an incredible way by her fellow ...
Posted: December 16, 2018, 4:06 am
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