Billionaire Profile

Global Rank

#2954

Image: Public domain | via Wikimedia Commons

Fredrik Österberg

CEO, Betsson AB

Real-Time Net Worth

$1.1B

As of December 2025

Age

Source

Gambling products

Industry

gambling-casinos

Citizenship

Biography

Fredrik Österberg is a Swedish entrepreneur and investor, ranked #2954 globally with a net worth of $1.1 Billion as of December 5, 2025. His primary source of wealth is attributed to his involvement in the gambling products industry. Österberg co-founded Evolution AB in 2006, which provides casino solutions to online gambling operators. His career also includes a role as CEO of Sportal Nordic. His strategic investments and entrepreneurial ventures have positioned him as a visionary leader in technology and investments, contributing to Sweden's economic growth.

Wealth Over Time

Portfolio Holdings

Evolution AB

In-Depth Profile

Early Life

Fredrik Österberg was born in Stockholm, Sweden, in 1971. He started his journey in the tech industry during the early stages of Sweden's technological boom in the 1990s.

Rise to Success

Österberg's entrepreneurial spirit led him to co-found Evolution AB in 2006. Evolution provides casino solutions to online gambling operators, including live-streamed tables of blackjack, poker, craps, and roulette. The company went public in Stockholm in 2015 and today provides its services to over 700 customers in 21 countries. Prior to Evolution, he served as CEO of Sportal Nordic.

Key Business Strategies

Österberg's investments have expanded into various sectors, including renewable energy, biotechnology, and fintech. His portfolio reflects a strategic approach to leveraging emerging trends and disruptive technologies.

Philanthropy

In addition to his business endeavors, Österberg is actively involved in philanthropy. He supports various charitable causes, with a focus on education, healthcare, and cultural preservation in Sweden and internationally.

Career Milestones

2006

Co-founded Evolution AB

Co-founded Evolution AB, a provider of casino solutions for online gambling operators.

Prior to 2006

CEO of Sportal Nordic

Served as the CEO of Sportal Nordic.

Philanthropy & Social Impact

Philanthropy

Various Charitable Causes

Unknown

Supports charitable causes focused on education, healthcare, and cultural preservation in Sweden and internationally.