Billionaire Profile
Teddy Sagi
Global Rank
#547

Image: Unknown authorUnknown author | Public domain | via Wikimedia Commons

Teddy Sagi

CEO, Gambling software
ISRAEL
Real-Time Net Worth
$7.083B
Estimated based on Gambling software stock value as of April 20, 2026
0% (24h)
Age
54
Source
Gambling software, Real Estate, Cybersecurity
Industry
Gambling & Casinos
Citizenship
ISRAEL

Biography

Teddy Sagi, an Israeli billionaire, is a prominent figure in the technology and real estate sectors. Born in 1971, Sagi is the founder of Playtech, a leading gambling software company, and has expanded his wealth through investments in diverse ventures. His estimated net worth is $7.1 billion. Sagi's career highlights include founding Playtech in 1999, taking it public on the London Stock Exchange, and later selling his remaining shares. He has also invested in cybersecurity (Kape Technologies) and real estate, notably London's Camden Market. His entrepreneurial journey reflects an ability to identify opportunities at the intersection of technology, regulation, and market trends.

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

Wealth Over Time

In-Depth Profile

Early Life

Teddy Sagi was born in Tel Aviv, Israel, on November 14, 1971. He is the only child of Ami Sagi, a businessman, and Lizi Sagi, a cosmetician. Sagi grew up in Tel Aviv's Shikun Lamed neighborhood.

Rise to Success

Sagi's career took off with the founding of Playtech in 1999. Playtech became a leading gambling software company. Sagi took Playtech public in 2006. Later, he divested his stake in Playtech. Sagi then invested in other ventures, including SafeCharge, a payment processing company, and Kape Technologies, a cybersecurity firm. Furthermore, Sagi has made significant investments in real estate, including the acquisition of London's Camden Market.

Key Business Strategies

Sagi's business strategy has involved identifying opportunities in emerging markets and operating at the intersection of regulation, ownership, and public markets. He has demonstrated an ability to adapt and pivot, as seen in his move from early internet businesses to gambling software and then to cybersecurity and real estate. His ability to take companies public on the London Stock Exchange has been a key strategy for monetization.

Philanthropy

Information regarding Teddy Sagi's specific philanthropic initiatives and amounts is not readily available through the provided search results.

Career Milestones

1999

Founded Playtech

Founded the gambling software company Playtech.

2006

Playtech IPO

Playtech was floated on the London Stock Exchange.

2014

Camden Market Investment

Began investing in London's Camden Market.

2018

Sold remaining shares in Playtech

Sagi sold his remaining shares in Playtech.

Business Philosophy & Leadership

Notable Quotes

"The way the world is going, people like to have engagement and entertainment. People want to connect with each other, to see each other."

Controversies & Challenges

1996

Conviction for Fraud and Bribery

Convicted in Israel for fraud and bribery and served a prison sentence.