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

Colquitt County 41, Warner Robins 14

WARNER ROBINS – Colquitt County High football mastered the ... junior quarterback Jaycee Harden completed just five passes – one being a touchdown toss to his senior running back Ty Leggett – and seni...
Posted: September 14, 2018, 7:45 pm

Morgan Evans Chats New Album On 'Ty, Kelly & Chuck'

Warner Bros./WEA's Morgan Evans (c) chatted with Cumulus nationally syndicated "Ty, Kelly & Chuck" co-hosts Ty Bentli (l) and Kelly Ford (r) about his newly-released debut album, "Things That We Drink ...
Posted: October 17, 2018, 11:53 am

Ty Burrell Helps Raise Funds for Foster Children: ‘Give These Kids a Voice’

Stars came together on Saturday night in support of Kids in the Spotlight‘s inaugural “Cocktails for a Cause,” hosted by “Modern Family” star Ty Burrell ... (“True Blood”) and Malcolm-Jamal Warner (“T...
Posted: August 7, 2016, 2:42 am
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