After the success of PokerStars, the Israeli diversified his business empire and made investments in luxury and hospitality.
Mark Scheinberg is a key figure in the international business world and is also known for having co-founded PokerStarsthe most important online poker platform globally. Its rise not only transformed the online gaming sector, but also laid the foundation for its foray into various industries, such as real estate market and luxury hospitality.
The Israeli-Canadian businessman expanded its investments after the sale of PokerStarsbetting on high-profile assets in sectors such as hotels and exclusive residential complexes.
Who is Mark Scheinberg?
Born in Israel in 1973, Mark Scheinberg He emigrated with his family to Canada when he was 13 years oldsettling in Richmond Hill, Ontario, during the 1980s. In 2001, Together with his father Isai Scheinberg, he launched PokerStarsa platform that would revolutionize the online gaming sector. Thanks to his leadership, this initiative quickly became the most important in the world, also standing out for organizing the largest online tournaments in the industry.
The exponential growth of the company was fueled by the popularity of poker in the United States and in the rest of the world. In 2012, the innovative project acquired the Full Tilt Poker brand, consolidating its position as an industry leader. Two years later, the Grupo Amaya bought PokerStars’ parent company, Oldford Group Ltd, for $4.9 billionone of the most important transactions in the history of online gaming. Following this sale, Scheinberg, who owned 75% of the company, walked away from the business with more than $3 billion.
Subsequently, the businessman founded Mohari Hospitalityan investment firm focused on luxury properties and hospitality projects. Its assets include the Ritz-Carlton Yacht Collection, the Waldorf Astoria Miami and an exclusive resort in Costa Rica. In addition, the firm acquired a stake in the Centro Canalejas Madrid, a complex that includes the first Four Seasons hotel in Spain and various high-end commercial and residential options.
How much is Mark Scheinberg’s fortune?
As of January 2025, Mark Scheinberg’s net worth is estimated to be 5.6 billion dollarsplacing him in position 570 among the richest people in the world, according to Forbes. This capital was initially accumulated thanks to its majority participation in PokerStarsbut it has also grown due to its diversification into the real estate and hospitality sectors.
Source: Ambito
