⬅ # 446 Doug Meijer|# 448 David Bonderman ➡

# 447 Teddy Sagi 

$6.53B

Real Time Net Worth
as of 7/25/2024

# 447 Teddy Sagi 

$6.53B

Real Time Net Worth
as of 7/25/2024
OccupationFounder, Playtech
Source of WealthGambling Software
Age52
ResidenceTel Aviv, Israel
Marital StatusIn Relationship
Children6
Age-Adjusted Net Worth$11.2B
Teddy Sagi
Teddy Sagi
Israel
Net worth: $6.53B

Self-Made Score 

Wealth History

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Biography

Overview

Teddy Sagi, born November 14, 1971, is an Israeli billionaire businessman based in London and Dubai.
He is the founder of gambling software company Playtech, cybersecurity company Kape Technologies, and owner of London's Camden Market.
Sagi has interests in real estate, gambling software, payments processing, and digital advertising.
He obtained Cypriot citizenship in 2009 and holds a Passport of the European Union.

Early Life and Personal

Sagi was born in Tel Aviv, the only child of Ami Sagi, a businessman, and Lizi, a cosmetician.
He grew up in Tel Aviv's Shikun Lamed neighborhood.
Sagi has a daughter with his former partner, Limor Bahat-Simanovic, and has been living with Yael Nizri since 2010; they have six children together.
Sagi owns multiple properties including the most expensive home in Israel, penthouses in Herzliya, homes in Tel Aviv, London's Knightsbridge, Cyprus, and Dubai.

Career Highlights

Founded Playtech in 1999, scaling down his holdings to 4.6% from 81% at IPO.
Founded hi-tech companies like cybersecurity firm Kape Technologies, owner of ExpressVPN.
Took four companies public on London's AIM: Playtech, Market Tech, SafeCharge, and Kape.
Sold SafeCharge to Nuvei for $889 million in 2019.

Real Estate Ventures

Bought Camden Market Holdings in 2014 for £490 million, London's second most popular tourist attraction.
Acquired 44% of Brack Capital Properties N.V in 2017, a real estate company in Germany.
Reportedly entered the co-working space sector with LABS, with the first location in London.
Sold Holborn Links Estate in 2020 for 245 million euros.

Other Ventures and Acquisitions

Acquired Stucco Media, an eCommerce website technology company, for $43 million in 2015.
Acquired Glispa, a mobile advertising company, for €32 million in 2015.
Acquired Mobfox, a mobile advertising company, for $7.5 million in 2018.
Invested in technology startups and co-working spaces.

How long would it take you to become as rich as Teddy Sagi?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Teddy Sagi's net worth of $6.53B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

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Teddy Sagi is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Teddy Sagi, Gambling Software is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey