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Shalom Meckenzie & family
Rank #2514
ISRAELGambling & Casinossports betting

Shalom Meckenzie & family

Net Worth
$1.59B
-0.04% (24h)
Shalom Meckenzie is an Israeli entrepreneur and investor. He is known for his involvement in the sports betting and technology sectors. Meckenzie's wealth primarily stems from his early investment in DraftKings, where he became the largest shareholder following the merger of his gambling software company, SBTech, with DraftKings. With a current net worth of $1.6 billion, Meckenzie has leveraged his background in data systems and engineering to create a significant impact on the gambling industry. His career highlights include founding SBTech and later founding Amp, a home fitness device company.

The Full Dossier

Early Life

Shalom Meckenzie was born in Bat Yam, Israel, on June 12, 1976. He spent part of his childhood in the United States before returning to Israel. His father was a real estate developer. Meckenzie's upbringing provided him with early exposure to business and the value of hard work.

Rise to Success

Meckenzie's career took off in the early 2000s when he co-founded 10bet UK, an online gambling company. In 2007, he founded SBTech, a betting software company. SBTech became a major player in the sports betting industry, providing the technology for online gambling platforms. A pivotal moment in his career was the merger of SBTech with DraftKings in 2020, making Meckenzie the largest shareholder of DraftKings.

Key Business Strategies

Meckenzie's success can be attributed to a few key strategies. Firstly, identifying the potential in the sports betting industry early on. Secondly, focusing on developing the backend infrastructure and software, ensuring the smooth operation and scalability of gambling platforms. Thirdly, his ability to recognize market opportunities. SBTech was providing crucial services that were essential for the industry's expansion.

Philanthropy

While specific details of his philanthropic endeavors are not widely publicized, Meckenzie is actively involved in charitable causes. His commitments are aligned with his personal values and sense of social responsibility.

Career Timeline

2021

Founded Amp

Founded a home digital strength device powered by AI, with a built-in AI coach.

2020

SBTech Merged with DraftKings

Became the largest shareholder in DraftKings.

2007

Founded SBTech

Founded a betting software company.

2001

Co-founded 10Bet UK

Co-founded an online gambling company.

Philanthropic Impact

PhilanthropyUnknown

Undisclosed

Active in philanthropic activities

Wealth Trajectory