Source of Wealth: Business (Playtech – a software company) Age: 48 Birth Place: Tel Aviv-Yafo， Israel Marital Status: Married (Yael Nizri) Full Name: Teddy Sagi Nationality: Israelite Date of Birth: 1972 Ethnicity: Israelite Occupation: Businessman Children: 4
Teddy Sagi is considered as as one of the richest people in Israel with an estimated net worth of $3.9 billion. This man is both an investor and an entrepreneur. He is the founder of the world’s leading supplier of casino gaming software called Playtech. Aside from this， he has also made numerous wise investments that have significantly increased his wealth over the years.
He launched Playtech in 1999 and it eventually became one of the largest online gaming software providers in the world. This company hired only the most qualified developers and mathematicians when it began so that their software will be at the top of the line. Because of this， the start-up costs were outrageous. However， Playtech eventually became the first European casino that was able to take their products online.
From the start， Sage made it sure that the software of Playtech always advanced with technology. The company is famous until today as it offers the most innovative software available in the market. The company was able to launch some of the new products early which includes an online bingo network as well as the needed software so they can accommodate live dealers.