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Billionaire Profile
Fredrik Österberg
Global Rank
#2988

Image: Scanned by user AlphaZeta, photographer unknown | Public domain | via Wikimedia Commons

Fredrik Österberg

CEO, Gambling products
SWEDEN
Real-Time Net Worth
$1.125B
Estimated based on Gambling products stock value as of March 6, 2026
+0.11% (24h)
Age
55
Source
Gambling products
Industry
Gambling & Casinos
Citizenship
SWEDEN

Biography

Fredrik Österberg, born in 1970, is a Swedish entrepreneur known for co-founding Evolution AB, a company specializing in live casino solutions. His source of wealth stems from gambling products, and he has amassed a net worth of $1.1 Billion as of early February 2026. Prior to Evolution, Österberg served as the CEO of Sportal Nordic. He holds a Bachelor of Business Administration from Stockholm University. Österberg's career showcases a commitment to innovation in the online gambling sector, building a company that provides services to over 700 customers in 21 countries globally.

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

Wealth Over Time

In-Depth Profile

Early Life

Details about Fredrik Österberg's early life are not widely available in the search results. However, it's known that he was born in 1970 and is a Swedish citizen.

Rise to Success

Fredrik Österberg co-founded Evolution AB in 2006 with Jens von Bahr. The company provides live casino solutions to online gambling operators, including live-streamed tables for games like blackjack, poker, craps, and roulette. Evolution's initial casino studio was established in Riga, Lithuania, in 2006. The company expanded, and today has studios in nine countries, including the U.S.. Evolution Gaming went public in Stockholm in 2015.

Key Business Strategies

A key strategy for Österberg's success was identifying and capitalizing on the growth of the online gambling market. Evolution Gaming's focus on live casino solutions provided a unique offering, allowing online casinos to provide a more immersive experience to players. The company's expansion to over 700 customers in 21 countries and its global availability demonstrate the success of this strategy.

Philanthropy

Information regarding Fredrik Österberg's specific philanthropic initiatives is not available in the search results.

Career Milestones

2006

Co-founded Evolution AB

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

2015

Evolution AB goes public

Evolution AB went public in Stockholm.

Philanthropy & Social Impact

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Undisclosed

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Business Philosophy & Leadership

Notable Quotes

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Leadership Principles

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Controversies & Challenges

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