BillionaireNet
family
Shalom Meckenzie & family
Rank #2702
ISRAELGambling & CasinosSports betting

Shalom Meckenzie & family

Net Worth
$1.292B
+0.21% (24h)
Shalom Meckenzie, born in 1976, is an Israeli billionaire and entrepreneur, best known for his involvement in the sports betting industry. He is the founder of SBTech, a betting software company that merged with DraftKings in 2020. This merger made Meckenzie the largest shareholder of DraftKings and propelled him into the billionaire ranks. His source of wealth is primarily derived from sports betting. Meckenzie's career has been marked by both significant achievements and recent controversies, with his current net worth estimated at $1.3 billion.

The Full Dossier

Early Life

Shalom Meckenzie was born in Bat Yam, Israel, and spent a portion of his childhood in the United States. His father was a real estate developer.

Rise to Success

Meckenzie's entrepreneurial journey began in 2001 when he co-founded 10bet UK, an online gambling company. In 2007, he founded SBTech, a company that provided sports betting technology. SBTech grew to become a major player in the industry, offering solutions for online gambling, government lotteries, and more. The merger of SBTech with DraftKings in 2020 was a pivotal moment, making Meckenzie the largest shareholder of the combined entity. DraftKings is an official daily fantasy and sports betting partner of the NFL, NBA, MLB, NHL, PGA TOUR and UFC.

Key Business Strategies

SBTech's success was built on providing comprehensive software solutions for sports betting, including odds setting, account management, and payment integration. Meckenzie focused on giving customers the best odds.

Philanthropy

Information on specific philanthropic initiatives or amounts is not readily available.

Career Timeline

2021

Founded Amp

Founded Amp, an at-home exercise machine startup.

2020

SBTech merged with DraftKings

Became the largest shareholder of DraftKings.

2007

Founded SBTech

Founded a betting software company.

2001

Co-founded 10bet UK

Co-founded an online gambling company.

Wealth Trajectory