"Forbes" errs over eligible billionaire bachelor Teddy Sagi

"Forbes" list of the 12 supposedly most eligible billionaire bachelors includes five men with a connection to Israel.

"Forbes" has mistakenly listed Playtech Cyprus Ltd. (AIM:PTEC) controlling shareholder Teddy Sagi in its list of the world's 12 most eligible billionaire bachelors. While the 40 year old Tel Aviv based high tech entrepreneur is not married, he has for the past two years been living with his partner Yael Nizri, a former beauty queen and Miss Israel 2006.

Other unmarried billionaires such as Facebook's Mark Zuckerburg, for example, are not listed by "Forbes" as eligible bachelors because they have been cohabiting with long-term partners.

"Forbes" list of 12 most eligible billionaire bachelors includes five men with a connection to Israel. In addition to Sagi, who is given a net worth of $1.2 billion by "Forbes" there is Canadian real estate magnate Mitchell Goldhar, 51, who owns Maccabi Tel Aviv soccer club, and is given a net worth of $1.5 billion.

Also on the list is French telecom tycoon Xavier Niel, one of the owners of Israel's new cellular carrier Golan Telecom. Niel, 44, is reportedly worth $4.5 billion. Homeless billionaire Nicolas Berggruen, who lives in hotels, is one of the owners of Berggruen Residential Ltd. (TASE:BRGN.B1), which is building the 37-floor luxury Meier on Rothschild project in Tel Aviv. Berggruen is 50 and has a fortune worth $2.3 billion. One of Berggruen's Tel Aviv tenants is the fifth eligible billionaire on the list with an Israel connection. Nat Rothschild, 40, worth just $1 billion, bought an apartment in Meier on Rothschild several years ago for NIS 6 million.

Published by Globes, Israel business news - www.globes-online.com - on April 3, 2012

© Copyright of Globes Publisher Itonut (1983) Ltd. 2012

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