• The childhood friends who created the Hatchimals toys that ruled last year are now billionaires

    10 days ago - By Business Insider

    Canada has two new toy billionaires.
    Ronnen Harary and Anton Rabie, the childhood friends who founded Spin Master and still each own about 30% of the company, are now in the exclusive billionaire's club, according to Bloomberg's calculus .
    The company, which was founded in Toronto in 1994, got a 56% stock boost this year after the release of their hit toy, the Hatchimals, in 2016.
    That makes both Harary and Rabie worth about $1.4 billion.
    Hatchimals have been nothing short of a sensation for the brand, which has become one of the fastest-growing in the toy business. Hatchimals were one of...
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