Teddy Sagi
Teddy Sagi’s early business exploits got off to a less than auspiucious start when he was sentenced to nine months in prison in his home country of Israel in his early 20s.
But when he founded online gambling technology business Playtech in 1999 - at a time when the legal status of online betting was mostly unclear - it set him on the path to being London’s richest tech entrepreneur.
Playtech provided the platforms for Ladbrokes and William Hill’s online casinos. Sagi also diversified into payments, cybersecurity and property, eventually buying Camden Market in 2014. At the same time, his reported relationship with supermodel Bar Rafaeli put him in gossip pages.
Sagi - who owns a luxury Knightsbridge flat - sold his final stake in Playtech in 2018 for £80 million, amid pressure from an activist investor Jason Ader who reportedly felt Sagi’s past could upset American regulators.
In 2021, Israeli media reported Sagi was the subject of a failed assassination attempt in Cyprus.
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