New Zealand

Nick Mowbray, CEO and Co-founder, Zuru

Nick Mowbray, together with his siblings Mat and Anna, founded Zuru in 2004 and set up operations in their family’s shed. From these humble beginnings, Zuru has grown into one of the world’s top 10 toy companies. The company designs, markets and produces more than 600,000 toys a day, supplying its products to major retailers in over 120 countries.

Zuru now has more than 5,000 employees who work in 18 offices and 4 company-owned factories. The siblings’ success was born largely out of a radical idea to move their business to China at a very early stage. It enabled them to greatly cut operating costs and gave them a competitive edge.

Nick is applying his disruptive commercial model to the fast-moving consumer goods market with Zuru Edge. But Nick’s biggest project, Zuru Tech, is set to revolutionize the housebuilding sector, aiming to build homes for a 10th of today’s cost. The goal is to make housing more affordable while reducing environmental impact.

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