Australian toymaker joins Forbes billionaires list due to Shopkins success

Published on: 22nd March 2017

Shopkins-480Manny Stul has successfully turned around the Melbourne-based toy company.

Manny Stul, who was brought to Australia after the second world war by his Polish parents, made his fortune after taking control of a struggling Moose Toys nearly twenty years ago.

Since its launch in 2014, more than 65m Shopkins have been sold worldwide, with the products shipped to more than 80 countries. Stul made his debut on the Forbes list with an estimated fortune of $US1.4bn, putting him 1,467 spots below the Microsoft founder Bill Gates, who claimed the title of the world’s richest person for the fourth consecutive year with $US86bn to his name.


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