Page 31 - Ty Warner Case Study

Ty Warner - Other business interests

With his newfound fortune,
Warner branched out into
other areas. He purchased two
of the landmark Four Seasons
hotels, one in New York for
$275 million and the other in
Santa Barbara, Calif., for
$150 million.

As with Beanie Babies
Warner entered the hotel and resort industry, and delegated “property
management, legal, and financial affairs to others, leaving himself the time and
space to focus on his passion for design,” court filing.

In March, 1999, Ty also paid $275 million for New York City's Four Seasons
Hotel, the tallest hotel in NYC. On August 24, 2000, Ty Warner also aquired
the San Ysidro Ranch, after the deal being in the works since May, 2000. Ty
purchased the historic hotel resort, and its five hundred acres with views of the