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Mark Scheinberg is an Israeli-Canadian entrepreneur and investor renowned for co-founding PokerStars, the world’s largest online poker company. His ventures span real estate and luxury hospitality, reflecting his diverse business acumen.
- Full Name: Igal Mark Scheinberg
- Date of Birth: December 27, 1973
- Place of Birth: Israel
- Nationality: Israeli-Canadian
- Occupation: Investor, Entrepreneur, Philanthropist
- Parents: Isai Scheinberg (father)
- Net Worth: $5.6 billion (as of November 2024)
- Residence: Isle of Man
Early Life and Family Background
Born in Israel in 1973, Mark Scheinberg moved to Toronto, Canada, at the age of 13 with his family, settling in Richmond Hill during the 1980s. His father, Isai Scheinberg, was a computer programmer who later co-founded PokerStars with Mark. This familial partnership significantly influenced Mark’s entrepreneurial journey, blending technological expertise with business innovation.
Career Beginnings and Key Milestones
In 2001, at 28, Mark Scheinberg co-founded PokerStars with his father, Isai. Under his leadership, PokerStars became the world’s largest online poker platform, hosting major tournaments and acquiring Full Tilt Poker in 2012. In 2014, the Scheinbergs sold PokerStars’ parent company, Oldford Group Ltd., to Amaya Gaming Group for $4.9 billion, marking a significant milestone in online gaming history.
Charitable Work and Legacy
The Scheinberg Relief Fund, established in 2020, demonstrates his commitment to philanthropy, focusing on COVID-19 relief and conservation efforts. The fund has supported initiatives like the Wildlife Ranger Challenge, aiding conservation and animal welfare.
Notable Works and Achievements
Beyond PokerStars, Scheinberg founded Mohari Hospitality in 2017, focusing on luxury real estate and hospitality investments. Notable projects include the Peninsula Resort in Costa Rica, the Ritz-Carlton Yacht Collection, and the Four Seasons Private Residences in Washington, D.C. In 2023, Mohari Hospitality acquired a 66.9% stake in Tao Group for $550 million, expanding its footprint in the luxury hospitality sector.
Personal Life and Relationships
Mark Scheinberg maintains a private personal life. He resides on the Isle of Man and is single. His philanthropic efforts are notable; in March 2020, he and his family established The Scheinberg Relief Fund with a $50 million allocation to address the impacts of COVID-19. The fund supports various organizations in regions where the family has business or personal ties.
Future Plans and Impact on Culture
Through Mohari Hospitality, Scheinberg continues to invest in luxury hospitality and real estate, with projects like the Waldorf Astoria Miami and the Four Seasons in Madrid. His ventures significantly influence the luxury hospitality industry, setting standards for quality and innovation.
Net Worth and Lifestyle
As of November 2024, Scheinberg’s net worth is estimated at $5.6 billion, primarily from the sale of PokerStars and subsequent investments through Mohari Hospitality. His assets include luxury properties and investments in high-end hospitality ventures, reflecting his refined lifestyle and business interests.
Mark Scheinberg’s journey from co-founding PokerStars to leading Mohari Hospitality exemplifies entrepreneurial success and a commitment to philanthropy, leaving a lasting impact on the online gaming and luxury hospitality sectors.
Disclaimer: Mark Scheinberg: Age, wealth data updated April 2026.
