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Ruth Parasol
American entrepreneur and attorney (born 1967) / From Wikipedia, the free encyclopedia
Ruth Monicka Parasol (born February 27, 1967) is an American businesswoman and lawyer who founded PartyGaming in 1997. The company floated on the London Stock Exchange in 2005 for US$8.46 billion. It was then a record valuation and the largest online poker room.
Ruth Parasol | |
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Born | (1967-02-27) February 27, 1967 (age 57)[1] San Francisco, California, U.S. |
Education | University of San Francisco (BA) Western State College of Law (JD) |
Spouse | Russ DeLeon (m. 2003, div. 2014) |
The company grew to generate more than $500 million in annual profits by 2005 and then floated its IPO on the London Stock Exchange at a value of £4.64 billion ($8.46 billion), and in September of that year was admitted to the FTSE 100 list of companies - a first for a female founded and spearheaded company. By the end of 2015, Parasol sold her final shares.
In 2010, The Economist ranked her 15th of the world's wealthiest self-made women.[2]
According to the Sunday Times Rich List in 2020, Parasol has an estimated net worth of £780 million.[3]