Forbes Richest...

#164 J Russell DeLeon

Net Worth: $1.8 billion

Source: Gambling /Leisure, online gaming

Self made

Age: 39

Marital Status: Married, 2 children

Hometown: Gibraltar

Education: University of California Berkeley, Bachelor of Arts / Science

Harvard University, Doctor of Jurisprudence

With wife Ruth Parasol, owns 32% of Internet poker site PartyGaming (each holds a 16% stake). Parasol studied at U. of San Francisco, served as adviser for father's phone-sex-chat business. Moved to Internet porn sites; litigation threats prompted switch to online gambling. Launched Starluck Casino 1997. With partners developed online casino software; enabled gamblers around the world to play one another in poker. Problem: 80% of customers live in America, where online gambling is illegal. Solution: don't operate on U.S. soil; servers, employees based in Gibraltar, India, England, the Caribbean. Took public on London exchange in June; stock down 48% since Sept. 6 announcement of slower revenue growth and increased competition. But sales robust: up 1,900% in last 2 years. No longer active in management; still serves as a consultant.

his wife has made the same amount...

something tells me, no matter how much we get the MAN, he is still sitting fairly nice...

User Avatar

posted by thenooch

Sept. 23, 2005 12:33pm

1 replies:

  1. haha Nooch... but truth of the matter is.. we are not trying to make the man lose on his end.. who cares about his end.. we care about OUR END.. US being PAID OUT and not Paying in!!!!!!! Lets Collect!

    User Avatar

    posted by dab2dap

    Nov. 8, 2005 1:46pm

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