Billionaire Profile
C
Global Rank
#2214

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
$1.81B
Estimated based on Sports data stock value as of March 6, 2026
+0.09% (24h)
Age
61
Source
Sports data
Industry
Sports
Citizenship
GERMANY

Biography

Carsten Koerl is a German entrepreneur and the founder and CEO of Sportradar, a leading global sports technology company. His source of wealth stems from his ownership and leadership of Sportradar, which provides sports data services and solutions to media companies, sports federations, and betting operators. Koerl, a pioneer in the sports data industry, has led Sportradar since its inception in 2001, guiding its growth and expansion into a dominant market player. As of April 2025, his net worth is estimated to be $1.7 Billion, reflecting his success in the sports technology sector.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Carsten Koerl was born in Germany and developed a passion for sports, particularly soccer, during his youth. He showed an early interest in combining his love for sports with technology and business.

Rise to Success

Koerl's career began with founding Bwin (then called Betandwin) in 1997, which he later took public. After gaining experience in the sports betting market, Koerl founded Sportradar in 2001. Sportradar started as a software program that extracted betting odds from sports betting companies on the Internet. Over the years, Sportradar has expanded its services to include data collection, analysis, and distribution for various sports, becoming a key partner for leagues, media, and betting operators. Sportradar went public in 2021 on the Nasdaq.

Key Business Strategies

Koerl's leadership has focused on several key strategies, including building strong partnerships with major sports leagues (like the NBA, MLB and the NHL), expanding service offerings (including iGaming solutions), and investing in technological advancements. His vision has positioned Sportradar as a central player in the rapidly evolving sports technology landscape.

Philanthropy

While specific details of Koerl's philanthropic endeavors are not widely publicized, his success allows him to make a positive impact on various causes.

Career Milestones

1997

Founded Bwin (Betandwin)

Koerl founded Betandwin, a sports betting platform, and took it public on the Vienna Stock Exchange.

2001

Founded Sportradar

Koerl founded Sportradar, which started as a sports data provider and has grown to become a global sports technology company.

2021

Sportradar IPO

Sportradar went public on the Nasdaq, under the ticker SRAD.

Business Philosophy & Leadership

Notable Quotes

"I'll smash myself to beat you in whatever you choose. Tennis, table tennis, you can jump from a helicopter, I will try this with you."