Mattel for Barbie (film series). Mattel purchased The Ringling Bros. and Barnum & Bailey Circus in 1971 for $40 million from the Feld family, whom Mattel kept as management. Mattel sold the circus corporation by December 1973, despite its profit contributions, as Mattel showed a $29.9 million loss in 1972. In 1974, an investigation found Mattel guilty of issuing false and misleading financial reports, banishing Elliot and Ruth Handler from their own company. In 1991, Mattel moved its headquarters from Hawthorne, California to El Segundo, California. Arthur S. Spear, a Mattel vice president, took control of the company in 1975, who
Brent Handler the company has helped raise over $2 million for nonprofit organizations, schools and hospitals across the country, including March of Dimes and National Children's Cancer Society, by providing vacation homes for auction at fundraising events. Handler serves as an advisory board member of the Andre Agassi Foundation for Education. Brent Handler Brent Handler (born October 21, 1969) is an American entrepreneur and pioneer of the destination club industry. Throughout his career, Handler has been recognized for his success building businesses that capitalize on nascent consumer trends and transform established industries. He is founder/CEO of Inspirato, a private, luxury destination club.