Ty Warner is an American businessman and entrepreneur, best known as the creator of the popular Beanie Babies toy line. Born on September 3, 1963, in Chicago, Illinois, he founded Ty Inc. in 1986, which became a major player in the plush toy market during the 1990s. Warner's innovative marketing strategies and limited production runs contributed to the immense popularity of Beanie Babies, turning them into a collectible phenomenon. In addition to his success with Beanie Babies, Ty Warner is also known for his ventures in the hospitality industry. He owns several luxury hotels, including the Beverly Hills Hotel and the Four Seasons Hotel in New York City. Warner's business acumen and unique approach to product development have made him a notable figure in both the toy and hospitality sectors.