Ruth Parasol | |
---|---|
Born | [1] San Francisco, California, U.S. | February 27, 1967
Education | University of San Francisco (BA) Western State College of Law (JD) |
Spouse | Russ DeLeon (m. 2003, div. 2014) |
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.
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]