Isaac Larian’s profile picture

Isaac Larian

Isaac Larian’s profile picture
Net worth 2018: $1.11 Billion
Industry: Manufacturing
Residence: Los Angeles, California
Country: United States
BirthDay: 28 March 1954
Sigh: Aries
Children: 3
BIOGRAPHY

Isaac Larian was bornon 28 March 1954 in Los Angeles, California, United States. Isaac Larian is #1933 in List Billionaires People In The World. Larian's fortune comes from toymaker MGA Entertainment, maker of Little Tikes, Bratz dolls and Lalaloopsy dolls. Larian left Iran in 1971 on a one-way ticket, then put himself through Cal State, Los Angeles, as a waiter. With his brother, he started an import-export business, shipping brass lawn ornaments. MGA started importing electronics like Nintendo's early handheld videogame systems before eventually designing toys.

NET WORTH STATISTIC
2014

$1.1 Billion

2017

$1.1 Billion

2018

$1.11 Billion

TIMELINE
2014

On January 13, 2014, MGA filed a complaint for these claims in State court in California seeking in excess of $1 billion and this lawsuit is currently pending

2011

On August 5, 2011 Mattel was also ordered to pay MGA $310 million for attorney fees, stealing trade secrets, and false claims

2010

In 2010, MGA released the highly successful "Lalaloopsy" doll

2007

He was also named the overall national Ernst & Young Entrepreneur of the Year in 2007

2006

In November 2006, MGA purchased the manufacturer of infant and toddler toys, Little Tikes

2005

In 2005, Bratz sales totaled $800 million well ahead of their main rival, Barbie with $445 million in sales

2004

He was named Ernst & Young Entrepreneur of the Year Award for the consumer products category in 2004

2000

In 2000, his brother sold his 45% stake in the company to Larian for $9 million and in 2001, MGA developed the "Bratz" doll

1998

In 1998, he changed his company’s name to MGA Entertainment

1997

" In 1997, toys became their focus and they had their first internal success with the Singing Bouncy Baby

1987

In 1987, they became a distributor for Nintendo and in 1993, they became a licensee for the "Power Rangers

1979

with his brother Fred in 1979 after his plans to return to Iran were ended by the 1979 Iranian Revolution

1971

Larian arrived to the United States alone in 1971 at the age of 17

1954

Isaac Larian (Persian: اسحاق لاریان‎, born March 28, 1954) is an Iranian-born American billionaire businessman, and the chief executive officer (CEO) of MGA Entertainment, the world's largest privately-owned toy company

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