Background and career
Teddy Sagi (Hebrew: טדי שגיא; born November 14, 1971) is an Israeli billionaire businessman based in London and Dubai. Sagi is the founder of the gambling software company Playtech and owner of London's Camden Market and cybersecurity company Kape Technologies. His personal wealth is estimated by Forbes at US$7.1 billion as of June 2026, with interests in real estate, gambling software, payments processing, and digital advertising.
Sagi was born in 1971 in Tel Aviv Israel, the only child of Ami Sagi, a businessman who owned a travel agency, and his wife Lizi, a cosmetician who sold make-up. He grew up in Tel Aviv's Shikun Lamed neighborhood. In 1996, he was convicted in Israel for fraud and bribery, and was sentenced to nine months in prison, but was released after serving five months. In 2009 Sagi obtained Cypriot citizenship as part of a 'golden visa' scheme by Cyprus government. As Cyprus is part of the European Union, Sagi obtained a Passport of the European Union. In 2013, The Guardian reported that Sagi had "been based in Cyprus for some years". In March 2021, it was reported that Sagi was saved from an assassination attempt in Cyprus, after being warned by the local authorities. Following the incident he immediately left Cyprus. Sagi has a daughter with his former partner, Limor Bahat-Simanovich. Since 2010, Sagi has been living with Yael Nizri, the 2006 Miss Israel, and they have six children together. Sagi owns the most expensive home in Israel, located in Herzliya. The home, which he bought in 2010, lies in the wealthy neighborhood of Herzliya Pituah on Galei Techelet Street, Israel's most expensive street. It is a 2,000 square meter house on a half-acre lot on the shore, and has a fitness room, wine cellar, sealed room, and an elevator to the beach. Sagi also owns two penthouses in Herzliya, and other homes in Tel Aviv (including an apartment in the Tzameret Towers purchased from former Israeli Prime Minister Ehud Barak), London's Knightsbridge, Cyprus, and as of 2021 Dubai.
Sagi founded Playtech in 1999. It was floated in 2006 on the London Stock Exchange at a price that valued the business at approximately £550 million. He has since scaled down his holdings to 4.6%, as opposed to 81% at the time of its IPO. He has since invested in hi-tech companies and real estate.
Sagi was majority shareholder (with 68% control) of the company, which is a credit card clearing company for the online gambling industry. Primarily based in Bulgaria, SafeCharge was traded on London's AIM, with a market cap of £385 million. The company was listed on the Alternative Investment Market (AIM) of the London Stock Exchange. In 2019, Nuvei Corporation announced its acquisition of SafeCharge, and agreed to pay $889 million in cash for it. In August 2019, Nuvei completed the acquisition.
In 2015 Sagi acquired the start-up company Stucco Media for $43 million. The acquisition was made by Market Tech, and the company is now owned by him. Stucco Media develops eCommerce website technology.
Also in 2015, Sagi acquired the German start-up for €32 million. Glispa is an advertising company, mainly via mobile phones.
Sources
Net-worth figure: Celebrity Net Worth (October 2026), in USD. Biography and career facts: the person's Wikipedia article and linked reporting. Snapshot date for all StarWorth figures: 28 October 2026.
