Billionaire Profile
Teddy Sagi
Global Rank
#543

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Teddy Sagi

CEO, Gambling software
ISRAEL
Real-Time Net Worth
$7.083B
Estimated based on Gambling software stock value as of March 6, 2026
0% (24h)
Age
54
Source
Gambling software
Industry
Gambling & Casinos
Citizenship
ISRAEL

Biography

Teddy Sagi is an Israeli billionaire entrepreneur, with a net worth of $7.1 billion as of February 2, 2026, stemming from his ventures in gambling software, real estate, cybersecurity, and fintech. He is the founder of Playtech, a leading iGaming software developer, and also founded Kape Technologies, a cybersecurity firm, and SafeCharge, a fintech company. Sagi has a diverse portfolio that includes significant real estate holdings, notably Camden Market in London. His career has been marked by both success and controversy, including a past conviction for securities fraud.

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

Wealth Over Time

In-Depth Profile

Early Life

Teddy Sagi was born in Tel Aviv, Israel, on November 14, 1971. He grew up in a family with a business background; his father owned a travel agency, and his mother was a cosmetician. Sagi attended schools in Israel and grew up in the Shikun Lamed neighborhood of Tel Aviv.

Rise to Success

Sagi's career began in the financial market, providing investment advice and services. In 1999, he founded Playtech, a company that revolutionized the online gambling sector. Playtech's success led to its listing on the London Stock Exchange in 2006, significantly increasing its valuation. Sagi has since expanded his investments into various sectors, including cybersecurity with Kape Technologies and fintech with SafeCharge. He also owns London's Camden Market, a major tourist attraction.

Key Business Strategies

Sagi has demonstrated a knack for identifying and investing in emerging markets and technologies. His strategy often involves taking companies public, selling off portions of his stake, and reinvesting in new ventures. Sagi has a history of acquiring companies and developing them, as seen with Kape Technologies, which he transformed into a major player in cybersecurity. He has focused on infrastructure businesses and has a strong ability to operate at the intersection of regulation, ownership, and public markets.

Philanthropy

Sagi has supported various charitable causes and initiatives, reflecting his desire to make a positive impact beyond his financial success. He donated $3 million to fund academic scholarships for discharged Israeli soldiers in 2019.

Career Milestones

1999

Founded Playtech

Founded Playtech, a leading iGaming software developer.

2006

Playtech IPO

Took Playtech public on the London Stock Exchange.

2014

Acquired Camden Market

Bought Camden Market in London.

2019

Sold SafeCharge

Sold SafeCharge for $889 million.

Philanthropy & Social Impact

Education

Academic Scholarships for Discharged Soldiers

$3M

Donated to fund academic scholarships for discharged Israeli soldiers.

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 sentenced to nine months in prison.

2021

Alleged Assassination Attempt

Was the target of an alleged assassination attempt in Cyprus.