Xavier Roberts Net Worth: What Is His Net Worth In 2023?
Xavier Roberts is a well-known businessman. He entered this world on October 31, 1955, in Georgia. Xavier is also a successful businessman and artist; he created the Cabbage Patch Kids line of toys, which has sold millions of copies worldwide.
Xavier Roberts Net Worth
Xavier Roberts’s net worth is $50 Million at the age of 63 years old. Xavier Roberts is a multi-millionaire American entrepreneur and businessman. Xavier Roberts entered the world on October 15, 1955, in Cleveland, Georgia. He is famous for creating the Cabbage Patch Kids doll line.
Roberts crafted the Little People doll and peddled them at folk art fairs in the South. He created Original Appalachian Artworks, Inc. in a repurposed hospital he named Babyland General Hospital and began manufacturing dolls.
These toys eventually became known as Cabbage Patch Kids. Toy company Coleco bought an exclusive license from Xavier in 1982. The number of dolls sold increased from 20 million in 1984 to 95 million in 1989. As the 1980s came to a close, Cabbage Patch Doll sales plummeted, forcing Coleco to declare bankruptcy.
Hasbro was the sixth owner of the license after it had passed through five previous hands. Xavier Roberts went on to launch a line of plush bear toys called Furskin Bears, which achieved a modest amount of popularity.
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Xavier Roberts Biography
Xavier Roberts, the American artist and entrepreneur behind the Cabbage Patch Dolls, was born on October 31, 1955, in Cleveland, Georgia. Roberts was exposed to a wide variety of doll-making techniques and materials during the American Folk art movement in the late 1970s, notably the work of Louisville, Kentucky’s Martha Nelson Thomas.
Inspired by his mother’s quilts, he began working on a quilted doll. The “Little People” dolls Roberts created were the result of extensive experimentation. Roberts and his friends set out to explore the Southeast in search of folk art exhibitions, and they did so.
Roberts began selling his “baby” dolls, which he had fashioned by hand, at these events. Roberts founded Original Appalachian Artworks, Inc. and began producing Little People in a remodeled Cleveland hospital he called “Babyland General Hospital.”
By 1982, the Little People had morphed into the ubiquitous Cabbage Patch Kids. In 1984, consumers bought 20 million dolls; by 1999, that number had risen to 95 million worldwide. Cabbage Patch Kids creator Martha Nelson Thomas sued the company’s founder, Roberts, in January 1980.
In 1976, while Mrs. Thomas was selling her dolls at a fair where she met Roberts. He was so impressed that he asked her to prepare some for him to sell at the Georgia state park where he was employed. She claims she stopped supplying the dolls after they started selling there.
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