NEWS

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.

RECENT ARTICLES

Friday Blog

Plan ‘A’ all the way …it’s the Friday Blog!

Little Tikes launches Rescue Tales for autumn/winter

PoundToy launches ‘authentic’ new TV campaign

The Point.1888 appoints Hornby’s Aurélie Dilain-Waclawski

John Lewis retains cautious outlook despite greatly improved first half results

YouTube’s Vlad & Niki surpasses 200m subscribers worldwide

Spielwarenmesse Toy Business Forum to bolster ToyAcademy expertise

Bratz is back with special 20th anniversary dolls

Wild response to PlayMonster UK’s #FairiesForNature campaign

Disguise recruits pair to lead EMEA market growth