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Global Rank
#2471

Image: United States. Department of Agriculture. Production and Marketing Administration | Public domain | via Wikimedia Commons

Carsten Koerl

CEO, Sports data
GERMANY
Real-Time Net Worth
$1.663B
Estimated based on Sports data stock value as of April 20, 2026
0% (24h)
Age
61
Source
Sports data
Industry
Sports
Citizenship
GERMANY

Biography

Carsten Koerl, a German entrepreneur, is the founder and CEO of Sportradar, a global leader in sports technology. His net worth is primarily derived from his stake in Sportradar. Koerl's journey began with the founding of Bwin (originally betandwin) in 1997, an early online sports betting platform, before transitioning to sports data with Sportradar in 2001. He holds a Master's degree in electronic and microprocessor engineering from the University for Applied Sciences in Konstanz, Germany. Koerl's career showcases his ability to identify and capitalize on opportunities at the intersection of sports and technology, building a company that is now a key partner to major sports leagues and media outlets.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Carsten Koerl was born in Germany and developed a passion for sports, particularly German soccer club Bayern Munich, and competition during his youth. He pursued a technical education, earning a Master's degree in electronic and microprocessor engineering from the University for Applied Sciences in Konstanz, Germany. This technical foundation provided him with the skills to build scalable systems, a key factor in his later ventures.

Rise to Success

Koerl's path to success began in 1997 when he founded Bwin, one of Europe's first online sports betting platforms. Bwin went public in 2000 on the Vienna Stock Exchange. In 2001, Koerl founded Sportradar, recognizing the potential of real-time sports data. Sportradar initially provided data for betting operators. The company quickly grew to become a leading sports technology company with partnerships with major sports leagues. In 2021, Sportradar went public on the Nasdaq.

Key Business Strategies

Koerl's key strategies involved leveraging his technical expertise to build reliable systems, recognizing the value of sports data, and forming strategic partnerships. He focused on providing accurate, real-time data and expanding into the U.S. market. The acquisition of IMG Arena in 2025 further expanded Sportradar's portfolio.

Philanthropy

While not explicitly detailed in the search results, Carsten Koerl has been involved in several initiatives to support youth sports and provide funding for education through the Sportradar AG subsidiary.

Career Milestones

1997

Founded betandwin (now Bwin)

Founded one of Europe's first online sports betting platforms, which later went public.

2000

Bwin IPO

Bwin was listed on the Vienna Stock Exchange, marking his first major liquidity event.

2001

Founded Sportradar

Founded Sportradar, a sports data and technology company.

2018

Focused on US Market

Pivoted Sportradar's direction to focus on the U.S. market and secured exclusive data distribution partnerships with major leagues.

2021

Sportradar IPO

Sportradar went public on the Nasdaq.

2025

Acquired IMG Arena

Sportradar acquired IMG Arena's sports betting rights portfolio.

Philanthropy & Social Impact

Sports & Education

Youth Sports and Education Funding

Undisclosed

Supporting youth sports and education through Sportradar's initiatives.

Business Philosophy & Leadership

Notable Quotes

"“I'll smash myself to beat you in whatever you choose."

Leadership Principles

Data-Driven Approach

Uses engineering background to understand and leverage complex data to build scalable systems.

Competitive Drive

Exhibits a strong competitive spirit to succeed in both sports and business.

Strategic Partnerships

Prioritizes partnerships with major sports leagues to drive growth and provide essential services.

Controversies & Challenges

2022

Shareholder in Russian Sportsbook

Koerl is a large shareholder in a prominent Russian sportsbook, which raised questions given the political climate.

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