Warner went on to sell encyclopedias, work as a valet, and sell stuffed animals for now-defunct toy company Dakin before founding Ty Inc. and creating the iconic Beanie Baby, according to HuffPost. Forbes reports that Warner also owns several hotels, including the Four Seasons in New York.
But Warner's career wasn't without controversy. He pled guilty to charges of tax evasion in 2017 for hiding income in a Swiss bank, according to HuffPost.
The 74-year-old now has a net worth of $2.6 billion, Forbes estimates.
Source: Chicago Tribune