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.
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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.
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.
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Founds SBTech (Founding).
SBTech merges with DraftKings (via a SPAC) (Major Exit/Financial Milestone).
Continues as Co-founder and major shareholder of the merged entity, guiding his private interests (Executive Oversight).
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.
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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.
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.
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0% | $0.00M
-0.17% | -$2.97M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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