Fredrik Österberg

Net Worth

$1.133B

-1.19% (24h)

Fredrik Österberg, a Swedish billionaire, is a prominent figure in the gambling industry, with a current net worth of $1.1 billion as of December 16, 2025. His wealth stems from his ventures in gambling products. He co-founded Evolution AB in 2006. He has made significant contributions to Sweden's economic growth and innovation ecosystem.

The Full Dossier

Early Life

Fredrik Österberg was born in 1971 and grew up in Stockholm, Sweden. He began his career in the tech industry during the 1990s, a period of rapid technological advancement in Sweden.

Rise to Success

Österberg's entrepreneurial spirit led him to co-found Evolution AB in 2006 with Jens von Bahr. Evolution provides casino solutions, primarily live-streamed tables, to online gambling operators. His ventures capitalized on Sweden's reputation as a hub for innovation and technology. He also served as CEO of Sportal Nordic.

Key Business Strategies

Österberg's strategy includes investing in diverse sectors, including renewable energy, biotechnology, and fintech, to leverage emerging trends. Evolution AB went public in Stockholm in 2015.

Philanthropy

Fredrik Österberg is actively involved in philanthropy, supporting causes focused on education, healthcare, and cultural preservation in Sweden and internationally.

Career Timeline

Prior to 2006

CEO of Sportal Nordic

Served as CEO of Sportal Nordic.

2015

Evolution AB went public

Evolution AB went public in Stockholm.

2006

Cofounded Evolution AB

Co-founded Evolution AB with Jens von Bahr, selling casino solutions to online gambling operators.

Philanthropic Impact

PhilanthropyUndisclosed

Various charitable causes

Supports charitable causes focused on education, healthcare, and cultural preservation in Sweden and internationally.