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 Brad Handler, Martin Pucher and Brian Corbett, Brent Handler re-entered the destination club marketplace with the launch of the Denver-based destination club Inspirato. Brent Handler currently serves as the company’s CEO. In a departure from the traditional destination club model, Inspirato rents rather than owns its homes, reducing the club’s upfront costs and allowing for lower membership fees. Handler’s innovative business model and past success in the destination club space led to significant interest from the venture capital community. The company raised $65 million from some of the world’s top venture capital firms, including Kleiner Perkins Caufield & Byers and