Eric Persson Net Worth: NetEnt’s CEO Way to Success

Article by : Divya Gandotra Sep 26, 2023

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Updated: Feb 13, 2024

Can people earn from gambling when they don’t gamble? It’s possible when you are a CEO of a vast iGaming brand. Eric Persson, the founder and former CEO of NetEnt, can prove this with his experience. This Swedish businessman and investor doesn’t fully disclose his income, but experts estimate it at about $560 million.

This huge amount isn’t surprising since NetEnt is an iGaming giant, while Eric is a giant in this business. I’m fond of stories where people grow businesses lots of users are fond of, so I decided to learn more about Eric’s personal life, education, and current net worth, and I plan to increase this amount!

Eric Persson’s Net Worth Today

Today, Eric’s approximate net worth is $560 million. First of all, he’s been NetEnt’s CEO for years, and when Evolution Gaming acquired the company, he received a good share from this deal as a co-founder.

Among the other factors explaining Eric’s wealth, I can highlight senior positions at large iGaming companies, his Maverick Gaming company, and considerable wins in poker tournaments. As for me, he proves that money sticks to money.

The Rise of Eric Persson

Eric is a fascinating person. His education shows that knowledge is power, while several senior positions show that this man has always been focused on huge incomes.

Family & Childhood

Eric Hans Persson was born in 1975 in a settlement in Hoquiam, Washington. He is the son of Fridolph Hilman Persson. His grandfather, Hilman J. Persson, was an Ashkenazi Jewish Swedish immigrant who came to the United States in the late 1800s.

The granddad married Eliza J. Armstrong, a prominent Westport pioneer. While Eric has connections to European pioneer families and Ashkenazi Jewish ancestry, he does not have Native American ties, but his roots are firmly linked to European pioneers.

Eric Persson’s Education

Eric’s education started at a local school. Then, he graduated from the University of Nevada Las Vegas with a Bachelor’s level of Arts in Sociology, Criminal Justice, and Psychology. , he studied Communications between 1992 and 1998. I was surprised to learn that the man was a Shoalwater Bay Tribe member for two years. 1998-2001, he finished his Doctorate at Georgetown University Law Center.

NetEnt is The Largest Eric’s Project

In the early 1990s, Eric worked as a computer programmer, creating slot machines available only in a land-based form. One of the most significant achievements of the early days of Persson’s career was the launch of the NetEnt company in 1996, where he was a co-founder.

The company was first listed on the Stockholm Stock Exchange in 2009. 2015 the company entered the US market, significantly increasing its value. Eric has been the company’s CEO till 2018, and in 2019, NetEnt was acquired by Evolution Gaming for a record-breaking amount of more than $2 billion.

Other Businesses of Eric Persson

Eric Persson’s career is highly engaging, so those interested in stories of success where people manage to rule giant corporations should take a peek at the main milestones in Eric’s career:

• Eric started his career in this sector with Michael Gaughan, founder of Coast Casinos.
• He was the director of Table Games for Prairie Band Casino & Resort from 2001 to 2003.
• His other mind-blowing occupations were Senior Vice President and Assistant General Manager at Wheeling Island Casino from 2003 to 2005 and the President of Tioga Downs from 2005 to 2006.
• In 2017, he became a General manager at Aruze Gaming.
• The same year, he was invited to be President and COO at the same company. At the same time, he started Maverick Gaming, his own business, which operates 31 casinos with 2700 slots, 1300 hotel rooms, 360 table games, and 50 restaurants.

Eric Persson’s Poker Skills & Business

I was surprised that such a professional businessman is also so good at poker, but he is. Eric mastered this game when he was 18 at the University of Nevada-Las Vegas. After he graduated from Georgetown University Law Center, this hobby picked up steam.

For over 30 years of being in the game, this guy spent over 30,000 hours playing poker. In February 2023, the man amazed everyone by fighting Patrik Antonius for a $1.9 Million historic pot on PokerGo.

A Glimpse into the Lifestyle

Eric Persson’s social media is now entirely focused on his poker career, so I found little information about his hobbies. However, I found a post where he congratulated his daughter on her birthday, celebrated in Miami, so he is a great dad. From Eric’s appearance, he is an avid sportsman who is definitely into a healthy lifestyle.

Eric Persson’s Influence on the Gambling Industry

It will be fair to admit that NetEnt is one of the most legendary gambling brands in the world, so it’s Eric’s first achievement in this industry. Players can now access mind-blowing slots like Gonzo’s Quest and Starburst.

Besides, his poker achievements make the industry thrilling and so unpredictable. Finally, Eric proves that a business person can love every detail of their industry, building new projects related to the basic one.