Anton Rabie
   HOME

TheInfoList



OR:

Anton Rabie is a Canadian
billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...
businessman, the co-founder and co-CEO (with Ronnen Harary) of
Spin Master Spin Master Corp. (formerly known as Spin Master Toys) is a Canadian multinational toy and entertainment company. Spin Master employs over 1,600 people globally with offices in Australia, Canada, China, France, Germany, Hong Kong, India, Ital ...
, a company in the children's toy industry, famous for popular products such as Hatchimals, Air Hogs, and Paw Patrol. He founded Spin Master in 1994 alongside his childhood friend Ronnen Harary. The pair started the business with an initial investment of $10,000, releasing their first product, "Earth Buddy," which was similar to a Chia Pet. In 2021, Rabie expanded Spin Master's portfolio by acquiring the Rubik's Cube for $50 million. He took the company public in 2015 and it has since grown into a global enterprise with $1.6 billion in sales, employing over 1,500 people across 16 countries. Rabie and Ronnen Harary's partnership began when they met at a summer camp in Ontario at the age of 11. Rabie serves as a mentor to other entrepreneurs and athletes such as tennis player
Vasek Pospisil Vasek Pospisil ( ; , ; known in born June 23, 1990) is a Canadian former professional tennis player. Pospisil has a career-high singles ranking of world No. 25, and No. 4 in doubles. Along with partner Jack Sock, he won the 2014 Wimbledon Champi ...
. He was an early financial backer to the Professional Tennis Players Association (PTPA). As of March 2018, ''
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
'' estimated his net worth at billion.


References

{{DEFAULTSORT:Rabie, Anton Living people Canadian billionaires Canadian company founders Canadian chief executives Year of birth missing (living people)