Jorgen Vig Knudstorp

Lego has been a children's favorite since its introduction in the 1930's. The company has manufactured colorful block sets for children who want to build everything from pirate ships to horse stables and has even expanded to create a TV and movie franchise based on the blocks as well....

Lego will be putting its bricks to the test. The toy company is gearing up to build a real-life house out of the colorful modeling toy in homage of the company's successful legacy. Lego Group CEO Jorgen Vig Knudstorp explained on CNBC Tuesday the company's inventive large-as-life task...