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David von Rosen

From Simple English Wikipedia, the free encyclopedia
David von Rosen-von Hoewel
BornApril 1976
EducationEuropean Business School
Occupations
Known forFounder of Lottoland
AwardsYoung Global Leader, World Economic Forum

David von Rosen-von Hoewel (born 1976) is a German billionaire and founder of Lottoland, an online lottery company.[1][2]

As of November 2024, his net worth was estimated to be $1.82 billion.[3][4]

Early life

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Von Rosen was born in 1976 and grew up in Westerwald, Germany.[5] He attended the European Business School.[6]

In 2002, he co-founded CareerConcept in Munich, a company that provided student loans.[6][7] Susanne Klatten was one of the company's earliest investors.[5] He was listed as a Young Global Leader by the World Economic Forum.[8]

He later founded luxury fashion brand VONROSEN.[9] In 2011, Steve Jobs wore a jumper from the brand at an Apple event.[10][11] It led to a big increase in sales at the company.[12][13]

In 2013, Von Rosen founded Lottoland.[2] The company allows customers to take part in lotteries around the world.[14] It was awarded a Guinness World Record for the largest online gambling win in history of £79 million in 2018.[15] As of 2024, it employs 400 people and has 20 million customers.[16] In 2021, Lottoland was considering an IPO with a value over $1.3 billion.[17]

In 2024, he founded luxury property developer 25 Degrees in Dubai.[18][19] Its first villa sold for £16.9 million and later set a record for selling a villa for $43.7 million.[20][21] In 2025, the company paid $100 million for a plot on Palm Jumeirah.[22][23] Von Rosen has also invested in real estate, defence, and renewable energy companies through his family office.[18]

He has spoken widely about technology,[24] business,[25] gambling regulation,[26][27] and real estate in Dubai.[28] He is also known for his views on entrepreneurship,[29] tech startups,[30] and artificial intelligence.[31]

Personal life

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Von Rosen lives in Dubai and Verbier, Switzerland.[32] He moved to Verbier during the COVID-19 pandemic.[32]

He competes in motor sports races.[33]

References

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  1. Marsh, Joe (2024-12-23). "David von Rosen builds firm's presence from gambling to real estate". PE Hub. Retrieved 2025-07-27.
  2. 1 2 Berlin, Oliver Moody (2025-06-07). "How Germany lost its work ethic — and can Merz bring it back?". www.thetimes.com. Retrieved 2025-07-27.
  3. "David von Rosen". Bilanz (in German). Retrieved 2025-07-27.
  4. "David Frederik von Rosen-von Hoewel". World Economic Forum. Retrieved 2025-07-27.
  5. 1 2 Mühlauer, Alexander (2010-05-17). "Bafög für die Besten". Süddeutsche.de (in German). Retrieved 2025-07-27.
  6. 1 2 D'Amico, Mary Lisbeth (2004-03-29). "Funds' Bet Is on Borrowers' Potential". Wall Street Journal. ISSN 0099-9660. Retrieved 2025-07-27.
  7. "Start me up". The Economist. ISSN 0013-0613. Retrieved 2025-07-27.
  8. Wilkinson, Tara Loader (2010-04-12). "Entrepreneurs' Views of Wealth Managers". Wall Street Journal. ISSN 0099-9660. Retrieved 2025-10-18.
  9. Wilson, Eric (2009-11-25). "But I'm on the List..." New York Times. Retrieved 2025-07-27.
  10. Jardine, Nick. "German Designer Selling Out Of "Steve Jobs" Sweater". Business Insider. Retrieved 2025-07-27.
  11. Wauters, Robin (2011-06-08). "'Many Apple Fans Around The World Wonder Which Sweaters Steve Jobs Wears'". TechCrunch. Retrieved 2025-07-27.
  12. "Softwear upgrade as Apple head Steve Jobs goes for iSweater2". www.thetimes.com. 2011-06-11. Retrieved 2025-07-27.
  13. "Do you want Steve Jobs' sweater?". NBC News. 2011-06-08. Retrieved 2025-07-27.
  14. Allen, Brad (2017-08-21). "Disruptive influence: Lottoland founder on his long-term vision for the lottery betting firm - EGR Intel". Retrieved 2025-07-27.
  15. "Largest online gambling payout". Guinness World Records.
  16. "Lottoland reaches 20 million customers worldwide". www.gamblinginsider.com. Retrieved 2025-07-27.
  17. "Lottoland considering stock market float at over £1bn". www.gamblinginsider.com. Retrieved 2025-10-18.
  18. 1 2 Marsh, Joe (2025-01-13). "Family office Vonrosen eyes partners for Dubai property venture". PERE. Retrieved 2025-07-27.
  19. Sambidge, Andy (2024-02-19). "Lottoland founder bets on Dubai's ultra-luxury property market". AGBI. Retrieved 2025-07-27.
  20. "25 Degrees sets new record with $16.9 million Palm Jumeirah villa sale". CW Property Middle East. 2024-07-24. Retrieved 2025-07-27.[permanent dead link]
  21. "Dubai villa fetches $43.7 million in record resale". Retrieved 2025-10-18.
  22. Nagraj, Aarti. "Five luxury villas to be built on plot sold for $100m in Dubai's Palm Jumeirah". The National. Retrieved 2025-07-27.
  23. "Dubai: Mega Palm Jumeirah plot sells for staggering $100 million". Khaleej Times. Retrieved 2025-07-27.
  24. "UAE is "leaps and bounds" ahead of Silicon Valley, says entrepreneur David von Rosen - Finance Middle East". 2024-05-06. Retrieved 2025-07-27.[permanent dead link]
  25. Birch, Kate (2023-09-06). "Dubai rising: why tech entrepreneurs are setting up here". businesschief.eu. Retrieved 2025-07-27.
  26. Sambidge, Andy (2023-06-19). "Lottoland founder bets on softened gambling rules in UAE". AGBI. Retrieved 2025-07-27.
  27. Sambidge, Andy (2023-09-04). "Lottoland boss hails UAE move to set up gaming regulator". AGBI. Retrieved 2025-07-27.
  28. "US investors can supercharge Dubai's real estate market, but the city will need to lure them in". Arabian Business. 2024-06-12. Retrieved 2025-07-27.
  29. Rosen, David von (2024-06-21). "POV: Why outsourcing HR is always a mistake". Fast Company. Retrieved 2025-07-27.
  30. "The next fintech unicorn will be a firm that completes the transition to cashless societies". Tech.eu. 2023-11-11. Retrieved 2025-07-27.
  31. "It's too difficult to make money out of AI, says billionaire family office principal". Family Capital. 2025-01-09. Retrieved 2025-07-27.
  32. 1 2 "300 plus riches: David von Rosen". Bilan (in French). 2024-11-26. Retrieved 2025-07-27.
  33. "David Von Rosen: 10 Rules For Business Success | SL.Man". slman.com. 2024-07-24. Retrieved 2025-07-27.