STUDZ Posted March 15, 2013 Share Posted March 15, 2013 Well, they finally did it. The LEGO Group is now the most valuable toy company in the world. The company is currently worth around $14.6 BILLION, with toy giant Mattel Inc. now in second place, with a net worth of $14.4 billion. And to think that there was the looming fear that The LEGO Group was going to be bought by another company in the early 2000s. In 2012, LEGO's sales jumped up by $4.04 billion. This also made billionaires out of Kjeld Kirk Krisitansen's children (Kjeld's grandfather being the founder of LEGO, back in the 1930s). As well, revenues rose by 25% last year, and have tripled since 2007. So it looks like LEGO is doing just fine. Regardless of what the TFOLs and AFOLs might think of the direction the company has been going since the "dark ages" in the early 2000s, you have to admit they're making lots of money regardless. Think of that what you will. Now, here's hoping that LEGO will lower their prices on sets in the future! Sources: http://www.brickset.com/news/article/?ID=6001 http://www.bloomberg.com/news/2013-03-13/lego-builds-new-billionaires-as-toymaker-topples-mattel.html eagleeyedan 1 Link to comment Share on other sites More sharing options...
Retsnom Kcor Posted March 15, 2013 Share Posted March 15, 2013 LEGO has always been Number One as far as toy companies. Always. On 3/15/2013 at 10:41 PM, McStudz said: Now, here's hoping that LEGO will lower their prices on sets in the future! I wouldn't get my hopes up if I were you... Link to comment Share on other sites More sharing options...
Cyrem Posted March 15, 2013 Share Posted March 15, 2013 All this licensed stuff has most likely aided their success. Guess we'll see more now. Lair and The Ace Railgun 2 Link to comment Share on other sites More sharing options...
The Ace Railgun Posted March 16, 2013 Share Posted March 16, 2013 Haha Lego lower prices? It's like saying Hostess will go back in business. It's good to see that they have finally got to that point though. Link to comment Share on other sites More sharing options...
Alcom Isst Posted March 16, 2013 Share Posted March 16, 2013 They have expanded quickly. Perhaps they could put another American builder among their ranks, one filled with youth, potential, practice, and a well reserved yet massive ego. Hehehe... The Ace Railgun 1 Link to comment Share on other sites More sharing options...
le717 Posted March 16, 2013 Share Posted March 16, 2013 On 3/15/2013 at 11:02 PM, Retsnom Kcor said: LEGO has always been Number One as far as toy companies. Always. Now, here's hoping that LEGO will lower their prices on sets in the future! I wouldn't get my hopes up if I were you... Always, indeed. I wouldn't get my hopes up either... @Alcom1, No words of mine can express how much ego you have... Link to comment Share on other sites More sharing options...
Nishliau Posted March 16, 2013 Share Posted March 16, 2013 Well, that's always good news. Link to comment Share on other sites More sharing options...
Lair Posted March 16, 2013 Share Posted March 16, 2013 On 3/15/2013 at 10:41 PM, McStudz said: Now, here's hoping that LEGO will lower their prices on sets in the future! aren't they already lower than they were twelve years ago? Link to comment Share on other sites More sharing options...
RobExplorien Posted March 16, 2013 Share Posted March 16, 2013 Most valuable toy company? They jumped from third to first place within a year? The LEGO Company certainly does well then. Link to comment Share on other sites More sharing options...
Jimbob Posted March 16, 2013 Share Posted March 16, 2013 Wahey! Well done LEGO On 3/15/2013 at 10:41 PM, McStudz said: Now, here's hoping that LEGO will lower their prices on sets in the future! I'd have a read of this article. I thought LEGO was getting more expensive too, but this thing has cleared it up quite well. Arthuriel 1 Link to comment Share on other sites More sharing options...
McJobless Posted April 6, 2013 Share Posted April 6, 2013 On 3/16/2013 at 2:12 AM, le717 said: @Alcom1, No words of mine can express how much ego you have... Studying Freud and Jung psychology, I can tell you that you used the world in the entirely wrong context, and you're also wrong. I'd move to say you are more egotistical than Alcom is. BUT ENOUGH. On 3/16/2013 at 4:51 AM, Lair of Rockwhales said: Now, here's hoping that LEGO will lower their prices on sets in the future! aren't they already lower than they were twelve years ago? Yes, $100 for the average set seems like a just price. Link to comment Share on other sites More sharing options...
Lair Posted April 7, 2013 Share Posted April 7, 2013 On 4/6/2013 at 3:02 PM, McJobless said: BUT ENOUGH. Now, here's hoping that LEGO will lower their prices on sets in the future! aren't they already lower than they were twelve years ago? Yes, $100 for the average set seems like a just price. > You would rather they be priced like they were in the 90s again? Link to comment Share on other sites More sharing options...
Alcom Isst Posted April 7, 2013 Share Posted April 7, 2013 On 4/7/2013 at 3:21 AM, Lair of Rockwhales said: BUT ENOUGH. Now, here's hoping that LEGO will lower their prices on sets in the future! aren't they already lower than they were twelve years ago? Yes, $100 for the average set seems like a just price. > You would rather they be priced like they were in the 90s again? A good classic late 90's LEGO set such as this one was worth $80 when it was released. However, MONETARY VALUES VARY WITH RESPECT TO TIME, KIDDIES! So adjusting to inflation it would cost today... $115. Huh. Link to comment Share on other sites More sharing options...
Lair Posted April 7, 2013 Share Posted April 7, 2013 On 4/7/2013 at 7:12 AM, Alcom1 said: You would rather they be priced like they were in the 90s again? A good classic late 90's LEGO set such as this one was worth $80 when it was released. However, MONETARY VALUES VARY WITH RESPECT TO TIME, KIDDIES! So adjusting to inflation it would cost today... $115. Huh. Meanwhile, sets with nearly douvle the piece count are only $20 more. So yeah. Link to comment Share on other sites More sharing options...
eagleeyedan Posted April 11, 2013 Share Posted April 11, 2013 They've been number one in my mind but glad to see it proven monetarily! Link to comment Share on other sites More sharing options...
Recommended Posts