Hasbro's Former CEO Just Became a Billionaire
- Founder’s grandson wins big as shares hit record on 34% rise
- Board game maker also behind Furby and My Little Pony brands
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Alan Hassenfeld became the toy industry’s newest billionaire after shares of Monopoly maker Hasbro Inc. closed at a record Wednesday.
The former chief executive officer has a 6 percent stake in the toy company that also sells Furby dolls and the My Little Pony brand, giving him a net worth the Bloomberg Billionaires Index values at $1 billion. Hassenfeld, 68, didn’t immediately respond to a request for comment on his fortune.