Rank #547
Teddy Sagi
Net worth $7.1B
Gambling software · Israel
- Born
- Nov 01, 1971
- Age
- 54
- Source
- Gambling software
- Residence
- Tel Aviv
- Citizenship
- Israel
- Marital status
- In Relationship
- Children
- 6
- Education
Net worth over time
Biography
- Teddy Sagi founded gambling software developer Playtech in 1999. It has revenue of more than $1 billion and is traded on London's stock exchange.
- Sagi sold a 12% slice of Playtech for almost $400 million in 2016; he sold the rest for $88 million in November 2018.
- He has taken 4 companies public on London's AIM: Playtech, Market Tech, online payments processor SafeCharge and cybersecurity company Kape.
- Sagi took Market Tech (now Labtech London) private in July 2017; it owns a portfolio of London property including tourist hot spot Camden Market.
- In 2019, he sold SafeCharge to Canadian company, Nuvei for $889 million. His other investments include co-working spaces and technology startups.
- Sagi plans to rejuvenate Camden Market by introducing technology and high-tech operations.
- He has six children with his partner Yael Nizri, the 2006 Miss Israel.
Financial assets
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