In case you haven’t heard, Barbie turns 50 today. America’s top selling doll made her debut at the New York Toy Fair back in 1959. To throw her a birthday party in style, Mattel has rented a beach pad in Malibu and turned it into a real life Barbie Dream House. The company is rolling out the “pink carpet” with event planner Colin Cowie handling the star-studded soiree tonight. Decorator Jonathan Adler supervised the interior design.
Mattel is also releasing a new version called Bathing Suit Barbie that will sell for a limited time for just $3—the 1959 price. The new version of the old gal has gotten some umm—plastic surgery—including a thinner jaw, more almond-shaped eyes and fuller lips.
You also might have heard about this salacious new book “Toy Monster: The Big, Bad World of Mattel” which claims that Barbie’s chief designer, Jack Ryan, was a 70s swinger. He was formerly married to Zsa Zsa Gabor. The moral of this story from a real estate perspective: Little about Malibu seems have changed in 50 years, except of course the prices.