Age, Biography and Wiki
Ruth Parasol (Ruth Monicka Parasol) was born on 27 February, 1967 in San Francisco, California, U.S., is an American entrepreneur and attorney (born 1967). Discover Ruth Parasol's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 57 years old?
| Popular As |
Ruth Monicka Parasol |
| Occupation |
N/A |
| Age |
57 years old |
| Zodiac Sign |
Pisces |
| Born |
27 February 1967 |
| Birthday |
27 February |
| Birthplace |
San Francisco, California, U.S. |
| Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 27 February.
He is a member of famous entrepreneur with the age 57 years old group.
Ruth Parasol Height, Weight & Measurements
At 57 years old, Ruth Parasol height not available right now. We will update Ruth Parasol's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Ruth Parasol's Wife?
His wife is Russ DeLeon (m. 2003, div. 2014)
| Family |
| Parents |
Not Available |
| Wife |
Russ DeLeon (m. 2003, div. 2014) |
| Sibling |
Not Available |
| Children |
Not Available |
Ruth Parasol Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Ruth Parasol worth at the age of 57 years old? Ruth Parasol’s income source is mostly from being a successful entrepreneur. He is from United States. We have estimated Ruth Parasol's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
entrepreneur |
Ruth Parasol Social Network
Timeline
Ruth Monicka Parasol (born February 27, 1967) is an American businesswoman and lawyer who founded PartyGaming in 1997.
Parasol was born in 1967 in San Francisco, California.
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.
Richard eventually emigrated to study mechanical engineering at California Polytechnic State University.
Richard worked as an engineer for several years and then went on to become a real estate developer.
Parasol grew up in Mill Valley, California, graduated from Marin Academy in 1984, and received a B.A. in Business from the University of San Francisco in 1988.
After 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 also amassed a small fortune in the business of online pornography and the operation of phone sex lines.
Parasol launched Starluck Casino Online in the Caribbean in 1997.
In 1998, she made software engineer Anurag Dikshit a partner in her business, which later became known as PartyGaming Plc.
In turn, Dikshit made Parasol a partner in his IT services business based in India.
Vikrant Bhargava and Russ DeLeon joined as principals of Party Gaming in 2000 and 2001 respectively.
After the launch of PartyPoker.com in 2001, PartyGaming Plc grew to generate more than $500 million in annual profits by 2005.
In 2003, Parasol married Russ DeLeon.
They moved with their children to Gibraltar in 2004.
Parasol is the Principal Benefactress and Trustee Director, a Gibraltar-based independent philanthropic organization that was founded 2004.
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.
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.
In October 2006, PartyGaming publicly withdrew from the U.S. market after the passage of the Unlawful Internet Gambling Enforcement Act of 2006, a piece of anti-gambling legislation approved by the United States Congress as part of the SAFE Port Act.
As a result, the company’s share price dropped 60% and the company subsequently withdrew from the FTSE 100 Index.
In 2008, Anurag Dikshit pleaded guilty to violation of the Federal Wire Act, agreed to cooperate with prosecutors, and personally paid $300 million to the United States Department of Justice as part of his plea.
In 2009, PartyGaming entered a non-prosecution agreement with the Justice Department and paid a fine of $105 million.
In 2010, The Economist ranked her 15th of the world's wealthiest self-made women.
They separated in 2010, and were decreed divorced in early 2014.
Parasol continues to reside primarily in Gibraltar and to maintain homes in Israel, London, and Spain.
In 2011, the Justice Department reversed its earlier position, determining that the Federal Wire Act does not apply to online poker and casino games, only to sports betting.
By the end of 2015, Parasol sold her final shares.
According to the Sunday Times Rich List in 2020, Parasol has an estimated net worth of £780 million.
As of 2020, the Trust has given over GBP £30 million in donations.
The Parasol Trust's grant making focuses on non-profit organizations in the areas of health, the environment and cultural heritage.
The Parasol Trust works with organizations such as The Red Cross, The University of Cambridge, Tel Aviv University, Technion University, The Victoria & Albert Museum, The Prince’s Trust, the British Council and MacMillan Cancer Support.
The trust also has a special interest in using new technologies and Internet solutions to aid charitable programs.
