Who is Mark Scheinberg?
Mark Scheinberg is an Israeli/Canadian billionaire, residing on the Isle of Man. He was born in Israel on December 27, 1974. He moved to Canada in 1986. He co-founded PokerStars with his father.
His father is Isai Scheinberg. He worked at IBM Canada, where he helped develop a standard known as Unicode. In 2000, he founded PYR, a software company located in Richmond Hill near Toronto. The next year he started Rational Entertainment Enterprises, the PokerStars parent now located in the Isle of Man tax haven.
Pokerstars is an online gambling company. It was founded by Isai and Mark Scheinberg in 2001. PokerStars became the world’s largest online poker business and organized the world’s largest online tournament series.
In 2015 they sold PokerStars to Amay for US$ 5 billion. Interesting story here.
Amaya is a software company based in Richmond Hill. The company was founded as PYR Software by Mark and his father Isai Scheinberg. It was probably also sold to Amaya, hence the name change.
With the funds of the sale of Pokerstars, Weinberg started investing in real estate and leisure.
With his company Mohari Hospitality, he purchased a 50% stake in Centro Canalejas Madrid, Spain. He also owns the One Hotel in Toronto, Canada.
He is also co-owner of the Ritz-Carlton Yacht Collection. The company offers holidays on three custom-built yachts. Each yacht will feature 149 suites but is also available for private charter.
How Much is Mark Scheinberg Net Worth?
His net worth is estimated at $5 billion. He is the richest man on the Isle of Man. His assets include the One Hotel in Toronto, and the Ritz-Carlton Yacht Collection.
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