Name
Teddy Sagi
Teddy Sagi
Tel Aviv, Israel
Israel
gambling software, Self Made
$3,800,000,000
546
#546 Billionaires 2019
#69 Richest In Tech 2017
Teddy Sagi founded gambling software developer Playtech in 1999 and built it into a $700 million (sales) firm that trades 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 3 companies public on London's AIM: 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. 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 five children with his partner Yael Nizri, the 2006 Miss Israel.
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