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

Inside the new Ty Warner Mansion, Mexico's most magnificent hotel villa

On the Baja Peninsula in Los Cabos, Las Ventanas al Paraíso, A Rosewood Resort has made an audacious move in its quest to be regarded as the most luxurious resort in Mexico: newly opened, its Ty Warner Mansion, a palatial property set on the resort’s ...
Posted: October 17, 2016, 3:31 am

What was the Princess Diana Beanie Baby?

These variations were the result of the CEO Ty Warner’s extreme perfectionism. He would pull certain Beanie models after they’d shipped, deciding they didn’t look quite right and proceeding to redesign them. There would be several limited runs of a ...
Posted: October 24, 2016, 1:00 am

Planning consolidation considered unlikely

But a flood of opposition – including from the affected agencies and from members of Congress -- probably will sideline that proposal, NIRPC Executive Director Ty Warner told the agency's executive board. "I'd be extremely surprised if this rule became ...
Posted: October 21, 2016, 12:54 pm
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