Cabbage Patch Kids Xavier Roberts Net Worth |
By Ethan Hayes
Cabbage Patch Kids Xavier Roberts has an estimated net worth of over $50 million dollars. Xavier is renowned worldwide as the inventor and manufacturer of Cabbage Patch Kids dolls.
The original Cabbage Patch Kids, known as "The Little People," were produced by Xavier Roberts in 1976 after being inspired by Martha Nelson Thomas.
The collectible figurines may be "adopted," each with a different name and a birth certificate for the adoptive "parents" to sign.
At first, the dolls were put up for sale at arts and crafts fairs. Still, as their demand increased, Roberts acquired a disused Georgia medical facility, renaming it the Babyland General Hospital where the dolls were "born."
Cabbage Patch Kids were one of those great toys that were a supernova in their time. They were the first dolls ever to inspire "Collector Frenzy."
Xavier discovered many parents are happy to pay the $40 "adoption fee" for one of his hand-signed Little People Originals.
Cabbage Patch Kids Xavier Roberts Net Worth
Per celebritynetworth, Xavier Roberts has an estimated net worth of around $50 million.
Xavier has accumulated such a massive fortune as he is the renowned doll maker and manufacturer of Cabbage Patch Kids.
The original Little People, also known as Cabbage Patch Kids, featured soft bodies and broad thumbs. Later models had regular-sized fingers and plastic bodies.
As for the hair, older dolls featured wool instead of the synthetic strands in current models. And although not all of them are priceless, some of the dolls are worth thousands of dollars.
By the time Roberts was 26 years old, he had already amassed a million dollars thanks to the economic success of his Little People doll line.
Xavier has had other pieces of his art displayed in museums, including the High Museum of Art in Atlanta, Georgia.
After Roberts sent three Little People to Georgia Governor George Busbee, his works became a part of the state of Georgia's permanent art collection.
The priciest ever Cabbage Patch doll was sold in April of this year. It was a 1985 Cabbage Doll named Teresa Ann, sold on eBay for $2000.
The fact that the inventor Xavier Roberts' autograph was still visible on the bottom of the green-eyed beauty with a dimple on her left cheek may have contributed to her high selling price.
Xavier Roberts Earnings and Income are Growing Exponentially
Little People dolls were made by Xavier Roberts, who sold them at folk art shows all around the Southeast.
He established Original Appalachian Artworks, Inc. as his company name, and he dubbed Babyland General Hospital in the repurposed hospital facility.
Cabbage Patch Kids are a renowned lineup of dolls. In 1984 more than twenty million dolls were sold. By 1989, there had been 95 million doll sales worldwide.
Massively sales of the Cabbage Patch doll have contributed to Xavier's enormous net worth.
In the 1980s, the R.R.P. of the original dolls was $30, but today, Cabbage Patch Dolls with birth certificates and adoption documents go for hundreds of dollars.
On April 6 of this year, a 1986 Anna Greta Cabbage Patch Doll with adoption papers, double popcorn red hair, and a pacifier sold for $810.
The Cabbage Patch Kids trademark was chosen by the Toy Industry Association (T.I.A.) as a finalist for the 2005 Toy of the Year (T.O.T.Y.) Award in the Property of the Year category.
It might have also increased the total valuation price of the Cabbage Patch Dolls.
Moreover, Roberts also produced the Furskin Bears toy bear line, which enjoyed some modest success.
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