Billionaire Profile
Teddy Sagi
Global Rank
#536

Image: Public domain | via Wikimedia Commons

Teddy Sagi

CEO, Playtech
IL
Real-Time Net Worth
$7.1B
As of December 2025
Age
54
Source
Gambling software
Industry
gambling-casinos
Citizenship
IL

Biography

Teddy Sagi is an Israeli billionaire businessman based in London and Dubai. Born in Tel Aviv in 1971, Sagi is the founder of gambling software company Playtech, cybersecurity company Kape Technologies, and owner of London's Camden Market. His estimated net worth is $7.1 billion. Sagi's career has focused on the iGaming industry, where he founded Playtech in 1999, a leading platform and content provider. He has also invested in real estate, fintech, and cybersecurity, and is known for his shrewd investments and expansion into various sectors.

Wealth Over Time

In-Depth Profile

Early Life

Teddy Sagi was born in Tel Aviv, Israel, in 1971. His parents were Ami Sagi, a businessman, and Lizi Sagi, a cosmetician. Sagi grew up in the Shikun Lamed neighborhood of Tel Aviv.

Rise to Success

Sagi's career began with investments in real estate and the stock market. However, his significant breakthrough came with the founding of Playtech in 1999. Playtech quickly grew to become a major player in the online gaming industry. The company launched its first casino product in 2001 and was listed on the London Stock Exchange in 2006. Beyond Playtech, Sagi expanded into fintech and cybersecurity, including SafeCharge and Kape Technologies, contributing to the iGaming sector's modernization and online security.

Key Business Strategies

Sagi's success is attributed to his ability to anticipate market trends and capitalize on digital transformation. He introduced customizable gaming solutions at Playtech, helping to revolutionize how operators engaged with technology. His investments in fintech and cybersecurity have also been pivotal, shaping the future of online services. Furthermore, Sagi has invested heavily in real estate, including Camden Market in London, and has expanded his portfolio into various properties.

Philanthropy

While specific philanthropy amounts are unavailable, Sagi is known for his philanthropic activities.

Career Milestones

1999

Founded Playtech

Established Playtech, a gambling software development company.

2006

Playtech IPO

Took Playtech public on the London Stock Exchange.

2014

Purchased Camden Market

Acquired London's Camden Market.

Philanthropy & Social Impact

Charity

Various Charitable Causes

Undisclosed

Donations to various charitable causes

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, sentenced to nine months in prison, served five months.