Manny Stul

Manny Stul (born 1948/49) is an Australian billionaire, and the CEO of Moose Toys, a company he took over in 2000, with sales subsequently increased by over 7,000%.[4]

Manny Stul
Born1948/1949 (age 71–72)[1]
near Munich, Germany[2]
NationalityAustralian
OccupationBusinessman; entrepreneur
Known forMoose Toys
Net worth
Spouse(s)Jacqui Tobias
Children2

Background and career

Manny Stul was born in a refugee camp near Munich, Germany[2] to Polish-Jewish parents who were both Holocaust survivors, and had fled Poland in 1949 due to Communist rule.[5] Aged seven months he travelled with his family by sea to Australia, where they spent three years in a refugee camp in Northam, Western Australia, before moving to Perth, some 100 kilometres (62 mi) south.[6][7]

In school, Stul rebelled against his parents expectations to become a doctor or lawyer. Although at the age of fifteen he won a scholarship to an advanced school, he would have the funding pulled. Disheartened, he dropped out of school and worked at first as a bank teller before he found success in the gift sector.[8]

Moose Toys is best known for its Shopkins and Mighty Beanz collectible plastic toys, which take inspiration from everyday grocery and department store items.[9] In 2016, Stul became the first Australian to win the Ernst & Young World Entrepreneur Of The Year, at the age of 67, having already won EY's Australian Entrepreneur of the Year.[10][11]

In 2017 Stul reflected on his success, commenting: “Think globally. Do not be motivated by money alone; money should be a side benefit of doing something you love.”[12]

Personal life

Stul lives in Melbourne with his wife Jacqui Tobias; and has a step-son, Paul Solomon, who is his co-CEO.[1]

Wealth rankings

Year Financial Review
Rich List
Forbes
Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2017[13][14][9][15][16] 27 $1.4 billion
2018[17]
2019[18] 51 $1.6 billion 33 $1.3 billion
2020[3][4] 119 $835 million $1.2 billion
Legend
Icon Description
Has not changed from the previous year
Has increased from the previous year
Has decreased from the previous year

References

  1. "How Manny Stul overcame disaster to save Moose Toys". Australian Financial Review. 25 May 2016. Retrieved 21 March 2017.
  2. Hall, Carrie (30 July 2019). "From toy of the year, to near bankruptcy, to rebounding as a top global toy company, Moose Toys founder Manny Stul is driven to succeed". LinkedIn. Retrieved 16 November 2020.
  3. Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
  4. "Forbes profile: Manny Stul". Forbes. Retrieved 29 June 2020.
  5. "How Manny Still created the Moose Toys empire". The Australian. Retrieved 18 February 2018.
  6. Baker, Megan (19 October 2016). "AIB Featured Business Leader - Manny Stul | AIB Official Blog". Aib.edu.au. Retrieved 21 March 2017.
  7. Burn-Callander, Rebeccca (13 June 2016). "You should be using wealth for good, elite entrepreneurs told". The Telegraph. United Kingdom. Retrieved 21 March 2017.
  8. "How Manny Stul overcame disaster to save Moose Toys". Financial Review. Australia. 25 May 2016. Retrieved 26 June 2017.
  9. "Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars". Forbes Asia. 1 November 2017. Retrieved 28 September 2019.
  10. "Shopkins success: Toy retailer Manny Stul wins EY global entrepreneurship award". The Sydney Morning Herald. 14 June 2016. Retrieved 21 March 2017.
  11. Taylor, Charlie (7 June 2017). "Monaco to roll out red carpet for world's brightest entrepreneurs". The Irish Times. Retrieved 26 June 2017.
  12. "Manny Stul: Melbourne's toy mogul behind the global Shopkins phenomenon". The Weekly Review. 20 June 2017. Retrieved 26 June 2017.
  13. Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review. Retrieved 8 June 2017.
  14. Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
  15. "Gina Rinehart tops Forbes Australia Rich List with $21.5b". The Sydney Morning Herald. AAP. 2 November 2017. Retrieved 28 September 2019.
  16. Froelicher, Christian (23 January 2018). "Rich and counting: Australia's 33 billionaires". SBS World News. Australia. Retrieved 28 September 2019.
  17. Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
  18. Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
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