Mark Scheinberg

Mark Scheinberg is an Israeli-Canadian businessman and investor with investments in various sectors including real estate and luxury hospitality. He is the co-founder and former co-owner of the online gambling company PokerStars, which was sold in 2014 to Amaya Gaming for $4.9 billion.

• Mark Scheinberg cofounded PokerStars with his father, Isai, and built it into the world’s biggest online poker company before cashing out in 2014.
• Scheinberg, who owned 75% of Rational Group at the time, pocketed more than $3 billion from the sale.
• He helped launch PokerStars in 2001, at age 28, and benefited tremendously from the poker boom that soon swept the U.S. and the rest of world.
• Scheinberg is investing some of the proceeds in Madrid, where he is helping restore seven historic buildings for commercial and residential use.
• In 2018, Scheinberg bought a stake in the Ritz-Carlton Yacht Collection from majority owner, private equity firm Oaktree Capital.
• He also owns the Thompson Toronto hotel in Canada, which is set to undergo extensive renovations in 2019.