H. Ty Warner (born September 3, 1944) is an American billionaire toy manufacturer, businessman, and convicted felon. He is the CEO, sole owner, and co-founder of Ty Inc. which manufactures and distributes stuffed toys, notably Beanie Babies. He also owns Four Seasons Hotel New York, which he bought with profits from the 1990s Beanie Babies fad. In 2020, he ranked 359 on the Forbes 400 list of the richest people in the U.S., with a net worth of US$2.3 billion.[1]