Jump to content

Manny Stul

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Edwardx (talk | contribs) at 22:11, 29 June 2020 (update networth). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Manny Stul
Born1948 or 1949 (age 75–76)[1]
Germany
NationalityAustralian
OccupationBusinessman
TitleCEO, Moose Toys
SpouseJacqui Tobias
Children2

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]

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. ^ a b "How Manny Stul overcame disaster to save Moose Toys". Afr.com. 25 May 2016. Retrieved 21 March 2017.
  2. ^ a b c d "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.