In Isaac Larian’s Los Angeles office, there’s a crowded shelf of framed $1, $5 and $100 bills signed by people who have waged bets against him on a product’s success and have lost.
“We’re running out of room,” jokes Larian.
The 64-year-old billionaire founder and CEO of toy maker MGA Entertainment has notched some pretty big wins over the years, including the launch of the wildly popular Bratz dolls in 2001, the acquisition of the Little Tikes toy brand in 2006, and more recently, the release of the L.O.L. Surprise toys. But as much as he loves proving his naysayers wrong, defeat hits him equally hard.