Ty Warner founded Ty Inc. in 1986 with the dream of creating a stuffed animal kids could afford. At just $5, Beanie Babies hit the shelves in 1993 and soon became a cult favorite — not only ...

H. Ty Warner, he of Beanie Baby fame, is trying to avoid prison time for evading taxes on secret Swiss bank accounts that held over $100 million, Bloomberg's David Voreacos reports. Warner ...