Mattel was begin in 1945. They were settled in El Segundo California.The company began in a garage. The owners where Harold Matson,Elliot Handlers, and Ruth Handlers. Mattel got the name from Harold, Elliot, and Ruth's last name. In 2002, Mattel made $4.89 billion. They are the #1 best-selling company. The toys that they made were American Girl dolls, Hot Wheels, Mickey Mouse,Barbies, and etc. Mattel also made Harry Potter toys but they had to get license to make it. Mattel use scraps of picture frames to make doll houses. Ruth Handler made Barbie dolls. Mattel is known as first best selling toy company now.