RedCarpetLife
2428
In the world today
Shalom Meckenzie & family

Shalom Meckenzie & family

S. family
-0.02% | - $-0.34M
$1.59 B ₹ 14,452 Cr
Real Time Net Worth #2428 Ranking as of 21 Feb 2026 By Forbes

More on Shalom Meckenzie & family

Gender

Male

Age

49Y

Country

Israel

Born On

February, 1977

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Sports Betting Technology)

Primary Organization

DraftKings

Titles

Shareholder

Sources of Wealth

DraftKings

Industry

Gambling & Casinos, Sports, Technology

About Shalom Meckenzie & family


S halom Meckenzie is an Israeli technology entrepreneur who became a billionaire primarily through his involvement with the sports betting and fantasy sports company DraftKings. He is known as the largest individual shareholder in the company. Meckenzie's journey into the betting world began with SBTech, a global technology company he founded that provides online sports betting and gaming platforms to operators around the world. He built SBTech into a major B2B player in the iGaming industry.

The pivotal moment in his wealth creation came in 2020 through a three-way special purpose acquisition company (SPAC) merger. This complex deal involved DraftKings, SBTech, and another company, which resulted in DraftKings becoming a publicly traded entity on the NASDAQ. As a major owner of SBTech, Meckenzie received a substantial block of shares in the newly public and much larger DraftKings, instantly making him one of the wealthiest individuals in the gaming industry. He continues to hold a significant stake, tying his fortune to the performance of the high-growth digital sports entertainment market.

Advertisement

Quick Reads


  • Largest individual shareholder of the sports betting giant DraftKings.
  • Founder of SBTech, a major B2B provider of online gaming platforms.
  • His fortune was created through a 2020 SPAC merger that took DraftKings public.
  • He exchanged his ownership in SBTech for a large stake in the combined company.
  • A key figure in the global online sports betting and gaming industry.

Early Life and Background


Shalom Meckenzie is an Israeli businessman, the self-made billionaire Co-founder and Former Executive of SBTech (gaming technology) and a major shareholder in DraftKings Inc. (NASDAQ: DKNG). His career is rooted in technology, finance, and sports betting software.

Meckenzie's philosophical approach centers on technological excellence, scale efficiency, and long-term commitment to digital gambling and sports betting infrastructure. His structural wealth is tied to the successful merger of SBTech with DraftKings and the subsequent boom in online sports betting.

  • DraftKings Inc. (Major Shareholder): The core publicly traded asset, a global leader in digital sports entertainment and gaming. His wealth comes from his stake in the merged entity.
  • SBTech (Former Founder & Owner): The foundational source of his wealth, the major sports betting technology and software provider that merged with DraftKings.
  • Fintech Pioneer: His success is built on scale software development and dominating the market for integrated sports betting technology (a key structural component of the global regulated gaming market).

Career Journey of Shalom Meckenzie & family


Shalom Meckenzie's strategic genius was his commitment to high-performance, flexible gaming technology. He founded SBTech (approx. 2007), successfully building it into one of the world's leading B2B providers of sports betting technology. His structural contribution is immense: providing foundational software infrastructure that enabled the massive global growth of the regulated online sports betting market.

The pinnacle of his financial career was the 2020 merger of SBTech with DraftKings (via a SPAC), which instantly made him a billionaire. His wealth is secured by the colossal, long-term, stable profitability of the global sports betting technology and gaming sector.

Advertisement

Shalom Meckenzie & family's Timeline


2007 (approx.):

Founds SBTech (Founding).

2020 (April):

SBTech merges with DraftKings (via a SPAC) (Major Exit/Financial Milestone).

Ongoing:

Continues as Co-founder and major shareholder of the merged entity, guiding his private interests (Executive Oversight).

Major Business Ventures and Investments


Shalom Meckenzie's wealth is concentrated in his retained equity stake in the publicly traded technology giant, DraftKings Inc. (NASDAQ: DKNG), and his private investments.

  • DraftKings Inc. (Major Shareholder): The core publicly traded asset, a global leader in digital sports entertainment and gaming. His wealth comes from his stake in the merged entity.
  • SBTech (Former Founder & Owner): The foundational source of his wealth, the major sports betting technology and software provider that merged with DraftKings.
  • Investment Strategy: His philosophy is rooted in long-term investment in software IP and leveraging the massive global growth of regulated sports betting.

Advertisement

Philanthropy and Social Impact


Shalom Meckenzie's social impact stems from SBTech's role in providing essential technology and infrastructure for the regulated global sports betting industry. His personal philanthropy supports various community and educational initiatives, often focused on technology and entrepreneurship in Israel.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Shalom Meckenzie maintains the professional, composed style of a technology executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a pioneer in the specialized software sector.

Residing in Tel Aviv, Israel, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to technology innovation, strategic management, and fintech entrepreneurship.

Advertisement

Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is a Co-founder and Former Executive of SBTech (sports betting technology).
  • His fortune is tied to the 2020 merger of SBTech with DraftKings.
  • DraftKings is a global leader in digital sports entertainment and gaming.
  • His company provided foundational software infrastructure for the regulated gaming market.
  • He holds an estimated net worth in the billions of dollars (2025 estimate).
  • His philosophy emphasizes technological excellence and scale efficiency.

Advertisement

More Profiles


James France

0% | $0.00M

Femi Otedola

-0.17% | -$2.97M

You May Like


Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

Sponsored Content