Margarete Steiff was a German seamstress and entrepreneur, born on July 24, 1847. She is best known for founding the Steiff company, which became famous for its high-quality stuffed animals and toys. Despite facing physical challenges due to polio, she demonstrated remarkable creativity and determination in her work. In 1880, Margarete created her first stuffed elephant, which marked the beginning of her successful toy business. The Steiff brand later introduced the iconic Teddy Bear in 1902, which gained immense popularity. Today, her legacy continues through the enduring appeal of Steiff products worldwide.