Warner
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Ty Warner is the CEO, sole owner and founder of Ty Inc. which manufactures and distributes stuffed toys, including Beanie Babies and other lines. On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2.4 billion. Warner dropped out of Kalamazoo College in Michigan after one year and moved to Los Angeles, California to start a career in acting. He had little success as an actor and returned to Chicago after five years. There he began working for plush toy maker Dakin as a salesman, the same company where his father worked. In 1980 he was fired by Dakin, reportedly for selling his own products in competition with the company's line. In 1986, he mortgaged his home and invested his life savings and a bequest from his father into founding Ty Inc. After starting out selling stuffed toy cats (inspired by some Warner had seen in Italy), 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. On December 31, 1999, Ty Inc. announced that it would stop making Beanie Babies
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FILE - This June 29, 2011, photo provided by the Oklahoma Department of Corrections shows Charles Warner, who was executed on Jan. 15, 2015 for the 1997 killing of his roommate's 11-month-old daughter. The Oklahoman reported Thursday, Oct. 8, 2015 that corrections officials used potassium acetate, not potassium chloride, as required under the state's protocol, to execute Warner.(AP Photo/Oklahoma Department of Corrections, File)
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FILE - This June 29, 2011, photo provided by the Oklahoma Department of Corrections shows Charles Warner. Warner was executed Jan. 15, 2015 for the 1997 killing of his roommate's 11-month-old daughter. The Supreme Court is stepping into the issue of lethal injection executions for the first time since 2008 in an appeal filed by death row inmates in Oklahoma. The justices agreed Friday, Jan. 23, 2015, to review whether the sedative midazolam can be used in executions because of concerns that it does not produce a deep, comalike unconsciousness and ensure that a prisoner does not experience intense and needless pain when other drugs are injected to kill him. The order came eight days after the court refused to halt the execution Warner that employed the same combination of drugs. The appeal was brought to the court by four Oklahoma inmates with execution dates ranging from January to March. The justices allowed Warner to be put to death and denied stays of execution for the other three. Friday's order does not formally call a halt to those scheduled procedures. But it is inconceivable that the court would allow them to proceed when the justices already have agreed to a full-blown review of the issue. (AP Photo/Oklahoma Department of Corrections, File)
