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 | |
---|---|
Born | 1948/1949 (age 71–72)[1] |
Nationality | Australian |
Occupation | Businessman; entrepreneur |
Known for | Moose Toys |
Net worth | |
Spouse(s) | Jacqui Tobias |
Children | 2 |
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 | |
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Icon | Description |
Has not changed from the previous year | |
Has increased from the previous year | |
Has decreased from the previous year |
References
- "How Manny Stul overcame disaster to save Moose Toys". Australian Financial Review. 25 May 2016. Retrieved 21 March 2017.
- 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.
- 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.
- "Forbes profile: Manny Stul". Forbes. Retrieved 29 June 2020.
- "How Manny Still created the Moose Toys empire". The Australian. Retrieved 18 February 2018.
- Baker, Megan (19 October 2016). "AIB Featured Business Leader - Manny Stul | AIB Official Blog". Aib.edu.au. Retrieved 21 March 2017.
- Burn-Callander, Rebeccca (13 June 2016). "You should be using wealth for good, elite entrepreneurs told". The Telegraph. United Kingdom. Retrieved 21 March 2017.
- "How Manny Stul overcame disaster to save Moose Toys". Financial Review. Australia. 25 May 2016. Retrieved 26 June 2017.
- "Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars". Forbes Asia. 1 November 2017. Retrieved 28 September 2019.
- "Shopkins success: Toy retailer Manny Stul wins EY global entrepreneurship award". The Sydney Morning Herald. 14 June 2016. Retrieved 21 March 2017.
- Taylor, Charlie (7 June 2017). "Monaco to roll out red carpet for world's brightest entrepreneurs". The Irish Times. Retrieved 26 June 2017.
- "Manny Stul: Melbourne's toy mogul behind the global Shopkins phenomenon". The Weekly Review. 20 June 2017. Retrieved 26 June 2017.
- Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review. Retrieved 8 June 2017.
- Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
- "Gina Rinehart tops Forbes Australia Rich List with $21.5b". The Sydney Morning Herald. AAP. 2 November 2017. Retrieved 28 September 2019.
- Froelicher, Christian (23 January 2018). "Rich and counting: Australia's 33 billionaires". SBS World News. Australia. Retrieved 28 September 2019.
- Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
- Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.