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%.[2]

Manny Stul
Born1948/1949 (age 71–72)[1]
Germany
NationalityAustralian
OccupationBusinessman
Home townMelbourne, Australia
Net worthUS$1.2 billion (June 2020)[2]
TitleCEO, Moose Toys
Spouse(s)Jacqui Tobias
Children2

Early life

Manny Stul was born in a German refugee camp to Polish-Jewish parents who were both Holocaust survivors, and had fled Poland in 1949 due to Communist rule.[3] Aged seven months he travelled with his family by sea to Australia, where they spent three years in a refugee camp in Northam, 100 kilometres (62 mi) north of Perth, before moving to Perth.[4][5]

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.[6]

Career

In 2016, he 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.[7][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.[2]

In March 2017, Forbes estimated his net worth at US$1.4 billion.[2][9]

Stul reflects on his success: “Think globally. Do not be motivated by money alone; money should be a side benefit of doing something you love.”[10]

Personal life

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

References
  1. "How Manny Stul overcame disaster to save Moose Toys". Afr.com. 25 May 2016. Retrieved 21 March 2017.
  2. "Forbes profile: Manny Stul". Forbes. Retrieved 29 June 2020.
  3. "How Manny Still created the Moose Toys empire". The Australian. Retrieved 18 February 2018.
  4. Baker, Megan (19 October 2016). "AIB Featured Business Leader - Manny Stul | AIB Official Blog". Aib.edu.au. Retrieved 21 March 2017.
  5. Burn-Callander, Rebeccca (13 June 2016). "You should be using wealth for good, elite entrepreneurs told". The Telegraph. United Kingdom. Retrieved 21 March 2017.
  6. "How Manny Stul overcame disaster to save Moose Toys". Financial Review. Australia. 25 May 2016. Retrieved 26 June 2017.
  7. "Shopkins success: Toy retailer Manny Stul wins EY global entrepreneurship award". The Sydney Morning Herald. 14 June 2016. Retrieved 21 March 2017.
  8. Taylor, Charlie (7 June 2017). "Monaco to roll out red carpet for world's brightest entrepreneurs". The Irish Times. Retrieved 26 June 2017.
  9. "Nocookies". The Australian. Retrieved 26 June 2017.
  10. "Manny Stul: Melbourne's toy mogul behind the global Shopkins phenomenon". The Weekly Review. 20 June 2017. Retrieved 26 June 2017.
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