Teddy Sagi Gifts Omer Adam Over $1 Million for Wedding

Billionaire Teddy Sagi gifted Israeli singer Omer Adam and his bride, Sasha Israelovitch, a wedding present of 300,000 euros, equivalent to over one million shekels. The generous gift was given jointly with tech entrepreneur Ram Mizrahi, co-owner of the company "Sunflower," valued at approximately $2 billion.

This follows a previous report that Sagi and his wife, Rachel, gave model Omer Nudelman and her husband Sean Simanovich an unprecedented wedding gift of 3 million shekels. Adam and Israelovitch recently married in a civil ceremony in Italy, an event that garnered significant media attention for its blend of international glamour, substantial financial investment, and secrecy.

At Adam's explicit request, all wedding gift money, including Sagi's substantial contribution, was donated to charity. Sagi, the founder of the online gambling software giant Playtech with an estimated net worth of $7.1 billion according to Forbes, has a history of philanthropic collaboration with Adam.

Previously, Sagi donated approximately one million shekels to Adam's "Taxis for Soldiers" initiative, a volunteer program providing free rides to IDF soldiers following the events of October 7th. This project became one of Adam's prominent aid efforts for the country.