NEW YORK - Elliot Handler, who with his wife helped Mattel Inc. grow from a small, home-based picture-frame business into the largest US toy maker and created the Hot Wheels brand, died Thursday. He was 95.
The company first produced picture frames, but Mr. Handler started making dollhouse furniture and other wooden toys on the side from scraps. Mattel’s first hit product was a “Uke-A-Doodle,’’ a child-size ukulele, and the Burp gun, a cap pistol.
Mattel’s success took off after it made a gamble and bet its entire net worth at the time on a sponsorship of Disney and ABC’s “The Mickey Mouse Club.’’ The show was a success, and Mattel became a household name.
