Teddy Sagi
Teddy Sagi is a Cypriot-Israeli businessman, partially based in London. He is ranked 6th on Forbes’ Richest Israeli People. On May 30, 2019 in the Forbes rankings – 546th. Sagi is the founder of the gambling software company Playtech and owner of London’s Camden Market.
- Teddy Sagi founded gambling software developer Playtech in 1999 and built it into a $700 million (sales) firm that trades on London’s stock exchange.
- Sagi sold a 12% slice of Playtech for almost $400 million in 2016; he sold the rest for $88 million in November 2018.
- He has taken 3 companies public on London’s AIM: Market Tech, online payments processor SafeCharge and cybersecurity company Kape.
- Sagi took Market Tech (now Labtech London) private in July 2017; it owns a portfolio of London property including tourist hot spot Camden Market.
- His other investments include co-working spaces and technology startups.