Billionaire Hatch – Blog of Day: 16.10.2017

Billionaire Hatchimals

R U JOKING, GRANDAD BLOG 16th October 2017

Do you ever wish: ‘I wish I’d thought of that’. I do almost daily. I probably spend so much time wishing, I end up with no time creating which is why i never think of such things.

This is the latest thing where I thought, I wish I’d thought of that.

Ahead of the Christmas  season, the newest iteration of the popular Hatchimals toys has twins emerge from their shell together — but these robotic animals aren’t the only two breaking a barrier this year.

The co-CEOs and chairmen of the company behind the Hatchimals  toys, Spin Master Ltd., are now billionaires, according to Bloomberg‘s Billionaires Index. Ronnen Harary and Anton Rabie, who both own 30%  of the company, now have a net worth of $1.4 billion each.

The Canadian-based company has seen a stunning growth over the last year as Spin Master establishes itself in the toy industry with its quick-selling Hatchimals, according to Bloomberg.

The product, dubbed by many as the toy of the year in 2016, comes in eggs that eventually hatch to reveal an interactive (and furry) robotic animal. Hatchimals come in a number of different “species” that resemble birds, and are sold at Toys ‘R’ Us, Amazon, Walmart, Target and KMart. They cost around £50 to £60, though some buyers have capitalized on their popularity, selling them on eBay for hundreds of dollars.

THOUGHT FOR THE DAY

Every thought we think is creating our future – Loise Hay

 

HAPPINESS IS…

Happiness is…relaxing and awaiting your Hatchimal hatch

 

GRANDAD’S ONE LINER JOKE OF THE DAY

Where do bees go to the toilet? At the BP station

 

LOVE SONG FOR MAMMA

Crazy in Love – Beyonce featuring Jay Z

Highest chart position No.1 12th July 2003 for 3 weeks