Rags to Riches: 8 Corporate Giants that Started with Nothing

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2. Mattel

Mattel was started by Matt Matson and Elliot and Ruth Handler in 1945, manufacturing doll house furniture out of old picture frames. Their initial investment was some shop equipment which they purchased from Sears on installment. Mattel has had many popular toys over the years, but it was the Barbie doll which made it the industry standard in toy making.

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