Teddy Sagi (born 1971) is a London-based Israeli billionaire business owner. He is the co-founder of Playtech, a FTSE 250 gaming software and also company, as well as the majority shareholder of Market Tech Holdings, which possesses London’s Camden Market. He is likewise the majority investor of two AIM-listed modern technology business.
Sagi obtained an 18-month jail sentence in 1999 for “grave deceit, bribery and trading”, after being of manipulating bond costs in Israel in 1994.
Early life
Teddy Sagi was birthed in 1971 in Tel Aviv, Israel as well as grew up there in the Shikun Lamed neighborhood, the son of Ami as well as Lizi Sagi. His papa Ami was the owner of a travel agency, and also his mom Lizi was a certified cosmetician that made her living marketing as well as using makeup.
Career
Sagi has 33.6% of Playtech, which he founded in 1999. It was in 2006 on the London Stock Exchange at a price that valued business at roughly ₤ 550 million.
Sagi is the bulk investor of SafeCharge, an “online payment service provider” listed on the Alternative Investment Market (AIM) of the London Stock Exchange. Additionally, he is the majority investor of Crossrider, a webbrowser optimizer also on the .
Camden Market Holdings, the proprietor of Camden Market, Stables Market and Camden Lock was gotten by Sagi in March 2014 for ₤ 400 million (US$ 664 million) from Bebo Kobo (50% proprietor), and Richard Caring and Elliott Bernerd. Sagi has actually remained to get residential property in the Camden Market area and as of March 2015, has the 4 most important of the 6 areas of the market, London’s 2nd most prominent visitor after Buckingham . Sagi means to invest ₤ 300 million in creating the marketplace location by 2018.
In November 2012 Sagi spent $4 million in Sync.me.
In 2013, The Guardian reported that Sagi had actually “been based in Cyprus for some years”.
In April 2015, Forbes approximated Sagi’s net worth at US$ 3.3 billion.
In August 2015, The GoodVision Trust (beneficiary Teddy Sagi) sold a 24.79% stake of Austrian real-estate company conwert Immobilien Invest SE to the German real-estate business ADLER Real Estate AG. The marketplace worth of these shares was 0.25 billion Euro.
Sagi founded gaming site Playtech, which he took public in London Stock Exchange in 2006 and now owns a chunk of its stock. Also owns several e-commerce services, an e-payment company, instant messenger service Messenger Plus and commercial real estate and hotels in Europe. Reportedly bought the most expensive home in Israel in December for about $35 million. According to tabloid reports dated Israeli model Bar Refaeli.
Source:
- Wikipedia
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