In June 2005, PartyGaming Plc 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.

Parasol and her ex-husband served as consultants to PartyGaming Plc until December 2006, and they sold their remaining shares in 2015.Īfter the launch of in 2001, PartyGaming Plc grew to generate more than $500 million in annual profits by 2005. Vikrant Bhargava and Russ DeLeon joined as principals of Party Gaming in 20 respectively. In turn, Dikshit made Parasol a partner in his IT services business based in India. In 1998, she made software engineer Anurag Dikshit a partner in her business, which later became known as PartyGaming Plc. Parasol launched Starluck Casino Online in the Caribbean in 1997. Parasol continues to reside primarily in Gibraltar and to maintain homes in Israel, London, and Spain. They separated in 2010, and were decreed divorced in early 2014.

They moved with their children to Gibraltar in 2004. Parasol also amassed a small fortune in the business of online pornography and the operation of phone sex lines. in Business from the University of San Francisco in 1988.Īfter earning her juris doctor from Western State College of Law at Argosy University in 1992, Parasol worked for her father's real estate management business. Parasol grew up in Mill Valley, California, graduated from Marin Academy in 1984, and received a B.A. Richard worked as an engineer for several years and then went on to become a real estate developer. Richard eventually emigrated to study mechanical engineering at California Polytechnic State University. She is the eldest daughter of Guna Parasol, who is Swedish, and Richard Parasol, a Jewish-Polish Holocaust survivor who served in the Israel Defense Forces. Parasol was born in 1967 in San Francisco, California. Īccording to the Sunday Times Rich List in 2020, Parasol has an estimated net worth of £780 million. In 2010, The Economist ranked her 15th of the world's wealthiest self-made women. By the end of 2015, Parasol sold her final shares. 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. It was then a record valuation and the largest online poker room. The company floated on the London Stock Exchange in 2005 for US$8.46 billion. Ruth Monicka Parasol (born February 27, 1967) is an American businesswoman and lawyer who founded PartyGaming in 1997.

Ruth parasol and family