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Teddy Sagi
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Teddy Sagi
Teddy Sagi (Hebrew: טדי שגיא; born November 14, 1971) is an Israeli billionaire businessman based in London and Dubai. Sagi is the founder of the gambling software company Playtech, cybersecurity company Kape Technologies and owner of London's Camden Market. His personal wealth is estimated at US$7.1 billion, with interests in real estate, gambling software, payments processing, and digital advertising.
Sagi was born in 1971 in Tel Aviv, the only child of Ami Sagi, a businessman who owned a travel agency, and his wife Lizi, a cosmetician who sold make-up. He grew up in Tel Aviv's Shikun Lamed neighborhood.
In 1996, he was convicted in Israel for fraud and bribery, and was sentenced to nine months in prison, but was released after serving five months.
In 2009 Sagi obtained Cypriot citizenship as part of a 'golden visa' scheme by Cyprus government. As Cyprus is part of the European Union, Sagi obtained a Passport of the European Union. In 2013, The Guardian reported that Sagi had "been based in Cyprus for some years".
Sagi has a daughter with his former partner, Limor Bahat-Simanovich. Since 2010, Sagi has been living with Yael Nizri, the 2006 Miss Israel, and they have six children together. Sagi owns the most expensive home in Israel, located in Herzliya. The home, which he bought in 2010, lies in the wealthy neighborhood of Herzliya Pituah on Galei Techelet Street, Israel's most expensive street. It is a 2,000 square meter house on a half-acre lot on the shore, and has a fitness room, wine cellar, sealed room, and an elevator to the beach. Sagi also owns two penthouses in Herzliya, and other homes in Tel Aviv (including an apartment in the Tzameret Towers purchased from former Israeli Prime Minister Ehud Barak), London's Knightsbridge, Cyprus, and as of 2021 Dubai.
On 14 September 2024, Forbes listed his net worth as US7.1 billion.
Sagi founded Playtech in 1999. It was floated in 2006 on the London Stock Exchange at a price that valued the business at approximately £550 million. He has since scaled down his holdings to 4.6%, as opposed to 81% at the time of its IPO. He has since invested in hi-tech companies and real estate.
Sagi was majority shareholder (with 68% control) of the company, which is a credit card clearing company for the online gambling industry.
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Teddy Sagi
Teddy Sagi (Hebrew: טדי שגיא; born November 14, 1971) is an Israeli billionaire businessman based in London and Dubai. Sagi is the founder of the gambling software company Playtech, cybersecurity company Kape Technologies and owner of London's Camden Market. His personal wealth is estimated at US$7.1 billion, with interests in real estate, gambling software, payments processing, and digital advertising.
Sagi was born in 1971 in Tel Aviv, the only child of Ami Sagi, a businessman who owned a travel agency, and his wife Lizi, a cosmetician who sold make-up. He grew up in Tel Aviv's Shikun Lamed neighborhood.
In 1996, he was convicted in Israel for fraud and bribery, and was sentenced to nine months in prison, but was released after serving five months.
In 2009 Sagi obtained Cypriot citizenship as part of a 'golden visa' scheme by Cyprus government. As Cyprus is part of the European Union, Sagi obtained a Passport of the European Union. In 2013, The Guardian reported that Sagi had "been based in Cyprus for some years".
Sagi has a daughter with his former partner, Limor Bahat-Simanovich. Since 2010, Sagi has been living with Yael Nizri, the 2006 Miss Israel, and they have six children together. Sagi owns the most expensive home in Israel, located in Herzliya. The home, which he bought in 2010, lies in the wealthy neighborhood of Herzliya Pituah on Galei Techelet Street, Israel's most expensive street. It is a 2,000 square meter house on a half-acre lot on the shore, and has a fitness room, wine cellar, sealed room, and an elevator to the beach. Sagi also owns two penthouses in Herzliya, and other homes in Tel Aviv (including an apartment in the Tzameret Towers purchased from former Israeli Prime Minister Ehud Barak), London's Knightsbridge, Cyprus, and as of 2021 Dubai.
On 14 September 2024, Forbes listed his net worth as US7.1 billion.
Sagi founded Playtech in 1999. It was floated in 2006 on the London Stock Exchange at a price that valued the business at approximately £550 million. He has since scaled down his holdings to 4.6%, as opposed to 81% at the time of its IPO. He has since invested in hi-tech companies and real estate.
Sagi was majority shareholder (with 68% control) of the company, which is a credit card clearing company for the online gambling industry.