Ty Inc. founder and chairman Ty Warner announced Monday that his company has created a Beanie Baby in Cecil’s honor. All proceeds will benefit WildCRU, the Wildlife Conservation Research Unit of University of Oxford.
A stay in the Ty Warner Penthouse at the Four Seasons in New York City costs about 6,429 Beanie Babies.
The Beanie Baby creator hid $100 million in secret Swiss bank accounts to con the IRS, but got just two years of probation and 500 hours of community service for the crime when he was sentenced by U.S. District Judge Charles Kocoras on Jan. 13.
The billionaire creator of Beanie Babies avoided prison Monday, when he was sentenced to two years of probation for evading taxes by hiding millions of dollars in a Swiss bank account that contained more than $100 million at one time.
The billionaire who created Beanie Babies has pleaded guilty to a tax evasion charge that could send him to prison for years.
Millionaire businessman Ty Warner, the creator of Beanie Babies, has agreed to plead guilty to tax evasion charges, federal prosecutors said.
Thirteen Chicago billionaires have made Forbes’ list of the 400 wealthiest Americans.