Teddy Sagi
#559

Teddy Sagi

Israel 54 years old Self-Made

Overview

Source of Wealth
Gambling software
Residence
Tel Aviv
Marital Status
In Relationship
Children
6

Assets

  • Crossrider
    0 shares @ -
    -
    KAPE-GB

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.

About

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.