Teddy Sagi is an Israeli billionaire businessman based in London and Dubai.
21 Facts About Teddy Sagi
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Teddy Sagi was born in 1971 in Tel Aviv, the only child of Ami Teddy Sagi, a businessman who owned a travel agency, and his wife Lizi, a cosmetician who sold make-up.
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Teddy Sagi grew up in Tel Aviv's Shikun Lamed neighborhood.
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In 2009 Teddy Sagi obtained Cypriot citizenship as part of a 'golden visa' scheme by Cyprus government.
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In 2013, The Guardian reported that Teddy Sagi had "been based in Cyprus for some years".
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Teddy Sagi has a daughter with his former partner, Limor Bahat-Simanovic.
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Since 2010, Teddy Sagi has been living with Yael Nizri, the 2006 Miss Israel, and they have six children together.
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Teddy Sagi owns the most expensive home in Israel, located in Herzliya.
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Teddy Sagi owns two penthouses in Herzliya, and other homes in Tel Aviv, London's Knightsbridge, Cyprus, and as of 2021 Dubai.
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Teddy Sagi has since invested in hi-tech companies and real estate.
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Teddy Sagi was majority shareholder of the company, which is a credit card clearing company for the online gambling industry.
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Teddy Sagi was listed on the Alternative Investment Market of the London Stock Exchange.
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In late 2012, Teddy Sagi acquired the start-up company Crossrider for $37 million.
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Teddy Sagi went public on AIM at a value of $250 million.
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In 2015 Teddy Sagi acquired the start-up company Stucco Media for $43 million.
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In November 2018, Teddy Sagi acquired the mobile advertising company Mobfox from Matomy Media for $7.5 million.
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Teddy Sagi has continued to buy property in the Camden Market area and as of March 2015, owns the four most important of the six sections of the market, London's second most popular tourist attraction after Buckingham Palace.
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In July 2017 Teddy Sagi has completed delisting Market Tech from the LSE, at a value of 1.1Bn ILS.
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Teddy Sagi is reported to enter the co-working share workspace sector with an international brand LABS.
20.
In March 2020, Labtech, the property investment firm owned by Teddy Sagi, completed the sale of Holborn Links Estate for 245 million euros to investors Tristan Capital Partners and Cording Real Estate Group.
21.
Teddy Sagi was one of 565 Israelis listed in the Pandora Papers, published by the International Consortium of Investigative Journalists, according to Shomrim, an Israeli investigative journalism nonprofit organization that took part in the investigation.