Billionaire Profile
Shalom Meckenzie & family
Global Rank
#2676

Image: Public domain | via Wikimedia Commons

Shalom Meckenzie & family

CEO, DraftKings
IL
Real-Time Net Worth
$1.3B
As of December 2025
Age
49
Source
Sports betting
Industry
gambling-casinos
Citizenship
IL

Biography

Shalom Meckenzie, born June 12, 1976, is an Israeli entrepreneur and investor. He is primarily known as the founder of SBTech, a sports betting software company, which merged with DraftKings in 2020. This merger made Meckenzie the largest shareholder in DraftKings, significantly boosting his net worth. Meckenzie's wealth source is primarily rooted in sports betting. He is also the founder of 10bet, an online gambling company, and Amp, a home fitness company. As of December 5, 2025, his net worth is estimated to be $1.3 billion.

Wealth Over Time

In-Depth Profile

Early Life

Shalom Meckenzie was born in Bat Yam, Israel, where he grew up. He later moved with his family to the United States during his childhood. His father was a real estate developer.

Rise to Success

Meckenzie's career began with the co-founding of 10bet UK, an online gambling company, in 2001. However, his most significant achievement came with the founding of SBTech in 2007. SBTech became a leading sports betting technology provider. The company's growth culminated in a merger with DraftKings in 2020, making Meckenzie the largest private shareholder in the combined entity. This deal propelled him into the ranks of billionaires.

Key Business Strategies

Meckenzie's success can be attributed to identifying and capitalizing on opportunities in the sports betting industry. Through SBTech, he provided the technology that powered numerous online gambling platforms. SBTech offered a system for managing sports betting, including marketing and other tools. In 2021, he founded Amp, a home digital strength device company, powered by AI.

Philanthropy

While specific philanthropic activities are not readily available, his overall impact is evident through his business ventures and job creation within the tech and gaming sectors.

Career Milestones

2001

Co-founded 10bet UK

Co-founded 10bet UK, an online gambling company.

2007

Founded SBTech

Founded SBTech, a sports betting technology provider.

2020

DraftKings Merger

SBTech merged with DraftKings, making Meckenzie the largest shareholder.

2021

Founded Amp

Founded Amp, a home fitness company

Business Philosophy & Leadership

Notable Quotes

""When people offend me, that's what keeps me going.""

Controversies & Challenges

2021

Hindenburg Research Report

Hindenburg Research published a report alleging SBTech operated in countries where gambling is illegal, leading to scrutiny and a drop in DraftKings' share price.