Rank #628
Mark Scheinberg
Net worth $6.6B
Online gambling · Canada
- Born
- Dec 27, 1973
- Age
- 52
- Source
- Online gambling
- Residence
- Isle of Man
- Citizenship
- Canada
- Marital status
- Single
- Children
- 0
- Education
- Drop Out, Fanshawe College
Net worth over time
Biography
- Mark Scheinberg cofounded PokerStars with his father, Isai, and built it into the world's biggest online poker company before cashing out in 2014.
- Scheinberg, who owned 75% of parent business Rational Group at the time, pocketed more than $3 billion from the sale.
- He helped launch PokerStars in 2001, at age 28, and benefited tremendously from the poker boom that soon swept the U.S. and the rest of world.
- Scheinberg has invested some of his proceeds from the sale in luxury hospitality assets through his real estate investment vehicle, Mohari.
- His real estate investments include a stake in the Ritz-Carlton Yacht Collection, a historic Madrid hotel and a luxury resort in Costa Rica.
- In 2023 he acquired Tao Group Hospitality, which operates more than 80 restaurants and clubs under brands such as Tao, Hakkasan and Lavo.
- Born in Israel, Scheinberg moved to a Toronto suburb as a teen and worked in hospitality and traveled to Asia and South America after one year of college.