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Yinon Costica

Yinon Costica

Y. Costica
0% | + $0.00M
$2.24 B ₹ 20,373 Cr
Real Time Net Worth #1863 Ranking as of 21 Feb 2026 By Forbes

More on Yinon Costica

Gender

Male

Age

43Y

Country

Israel

Born On

January, 1983

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Cybersecurity)

Primary Organization

Wiz

Titles

Co-Founder

Sources of Wealth

Wiz

Industry

Cybersecurity, Software, Technology, Cloud Computing

About Yinon Costica


Y inon Costica is an Israeli technology entrepreneur who is a co-founder of the cybersecurity unicorn, Wiz. The company has achieved a spectacular and record-breaking rise to become one of the most valuable private cybersecurity companies in the world. He and his partners are all veterans of the Israeli military's elite Unit 8200, which is a famous breeding ground for cybersecurity talent. Before Wiz, the same founding team had created another successful cloud security company, Adallom, which they sold to Microsoft for a large sum.

In 2020, they founded Wiz with a focus on cloud security posture management, helping large companies to identify and fix security risks in their cloud computing environments. The company's agentless and easy-to-use platform has been a massive hit with customers, and the company has grown at an unprecedented pace, reaching a multi-billion dollar valuation in a record amount of time. His founding stake in the highly valued private company is the source of his billion-dollar fortune.

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Quick Reads


  • Co-founder of the cybersecurity unicorn Wiz.
  • Wiz is one of the fastest-growing software companies in history.
  • He and his co-founders are all veterans of the Israeli military's elite Unit 8200.
  • They previously founded and sold another cybersecurity company, Adallom, to Microsoft.
  • His wealth is from his stake in the highly valued private company.

Early Life and Background


Yinon Costica is an Israeli businessman, the self-made billionaire Co-founder and Executive of Papaya Global, a global workforce management and payroll technology platform (SaaS). His career is rooted in technology, fintech, and entrepreneurial disruption.

Costica's philosophical approach centers on technological excellence, scale efficiency, and long-term commitment to streamlining global HR and payroll (pioneering the automated global workforce management model). He co-founded Papaya Global in 2016, recognizing the immense, untapped global demand for integrated cross-border payroll solutions.

  • Papaya Global (Co-founder & Executive): The core private asset, a global leader in payroll, payments, and workforce management software (known for its high valuation and rapid growth).
  • Fintech Pioneer: His success is built on scale software development and dominating the global market for integrated, compliant cross-border HR and payment solutions.
  • Investment Strategy: His philosophy is rooted in long-term investment in software IP and platform technology and leveraging the massive global growth of distributed workforces.

Career Journey of Yinon Costica


Yinon Costica's strategic genius was his commitment to solving complex regulatory issues with software. He co-founded Papaya Global in 2016, successfully building the platform into a dominant global fintech player by offering integrated, compliant payroll and workforce management solutions across numerous countries. His structural contribution is immense: pioneering the modern global payroll SaaS model that streamlined operations for multinational corporations.

The company achieved unicorn status rapidly. He remains a key executive and major shareholder, guiding the company's continuous expansion and technological modernization. His wealth is secured by the colossal, long-term, stable profitability and valuation of the global SaaS and fintech sector.

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Yinon Costica's Timeline


2016:

Co-founds Papaya Global (Founding).

2021:

Papaya Global achieves unicorn status and significant valuation (Financial Milestone).

Ongoing:

Continues as Co-founder and Executive, guiding the global fintech giant (Executive Oversight).

Major Business Ventures and Investments


Yinon Costica's wealth is concentrated in his founding equity and retained stake in the private technology giant, Papaya Global, and his private investments.

  • Papaya Global (Co-founder & Executive): The core private asset, a global leader in payroll, payments, and workforce management software.
  • Fintech Pioneer: His success is built on scale software development and dominating the global market for integrated, compliant cross-border HR and payment solutions.
  • Investment Strategy: His philosophy is rooted in long-term investment in software IP and platform technology and leveraging the massive global growth of distributed workforces.

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Philanthropy and Social Impact


Yinon Costica's social impact stems from Papaya Global's role in providing essential HR and payment infrastructure that enables compliant, efficient employment of global workforces, facilitating international business growth. His personal philanthropy supports various educational and community initiatives, often focused on technology and entrepreneurial education in Israel.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Yinon Costica 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 intellectual depth, typical of a pioneer in the specialized fintech 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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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-founder and Executive of Papaya Global (global payroll and workforce management software).
  • Papaya Global successfully achieved unicorn status.
  • His company pioneered the automated, compliant cross-border payroll model.
  • His fortune is tied to the successful monetization and scale of the global SaaS HR technology sector.
  • His philosophy emphasizes technological excellence and global regulatory compliance.

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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

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