Ted Stanley

Ted Stanley

Theodore Richard "Ted" Stanley (April 26, 1931 – January 3, 2016) was an American entrepreneur and philanthropist. He co-founded the Danbury Mint with partner Ralph Glendinning, which was then a subsidiary of MBI Inc.Born in Reading, Pennsylvania, Stanley graduated from University of Pennsylvania. He then served in the United States Air Force and was an intelligence officer. Stanley worked for Procter & Gamble in the marketing division in Cincinnati, Ohio.Stanley became a billionaire during his lifetime, acquiring a net worth of approximately $1.3 billion. Stanley became wealthy through the business of selling various collectibles by mail order, such as commemorative postage stamps, decorative plates, and other such items. His company's first product was a medal series that commemorated the Apollo 11 first manned moon landing. After this, the business continued to expand. Wikipedia

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