Israeli Billionaire Teddy Sagi Net Worth 2013

Friday, March 22, 2013

Teddy Sagi net worth: Teddy Sagi is an Israeli billionaire who has a net worth of $1.8 billion. Teddy Sagi is the founder of Playtech, a gaming software development company that provides software for online casinos, online poker rooms, online bingo games, online sports betting, scratch games, mobile gaming, live dealer games as well as fixed-odds arcade games online. In 1999 he established the company, while in 2006 he took it public on the London Stock Exchange.Teddy SagiIn the past two years he has increased his possession in the group, from 40% to nearly 50%, and he did so with a good reason. The market price of Playtech's share has almost doubled in the past year, adding hundreds of millions to Sagi's fortune. In addition to Playtech, he also owns several e-commerce services, an e-payment company, instant messenger service Messenger Plus and commercial real estate as well as various hotels in Europe. Reportedly, Sagi bought the most luxurious home in Israel for about $35 million. Being one of the most eligible bachelor worldwide, once he dated model Bar Refaeli. Thanks to his growing wealth, Teddy Sagi is one of 10 richest people in Israel.

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