Vikrant Bhargava
Born (1972-12-14) 14 December 1972
Jaipur, India
NationalityBritish
EducationIndian Institute of Technology Delhi
Indian Institute of Management Calcutta
OccupationBusinessman
Known forCo-founder of PartyGaming, company responsible for PartyPoker
SpouseMarried
Children3

Vikrant Bhargava (विक्रान्त भार्गव; born 14 December 1972)[1] is an Indian-born British businessman, and the co-founder and former marketing director of online casino operator PartyGaming.

Early life and education

Bhargava was born on 14 December 1972 in Jaipur, India,[1] and raised in Rajasthan.[2]

He holds a bachelor's degree in Technology in electrical engineering from IIT Delhi, where he met his future business partner Anurag Dikshit.[3] He also studied at the Indian Institute of Management, Calcutta.[1][3]

Career

Prior to joining PartyGaming, Bhargava was a credit officer at Bank of America, responsible for managing credit exposure and revenue for corporate clients, and a business analyst in the business development division of British Gas.

Bhargava joined PartyGaming (formerly iGlobalMedia) as marketing director in early 2000.[2] In July 2001, he oversaw the marketing for the launch of PartyPoker, as well as for Partygaming when it went public in 2005,[1] at the time the London Stock Exchange's largest IPO of an internet company, valued at over $8 Billion.

In 2005, he owned 15% of PartyGaming, estimated at £450 million.[1]

In May 2006, Bhargava announced he would leave the company's board of directors at the end of the year.[4] He also stepped down from his executive role in the company. Quoted in eGaming Review, John Shepherd, director of PartyGaming corporate communications, credited Bhargava with transforming PartyGaming into a multi-billion pound company.[5] When he left PartyGaming, Bhargava's fortune was estimated to be £850 million.[6] ($1.6 billion at that time)

Bhargava later became the head of a private investment company, Veddis Ventures, registered in Gibraltar.[7] According to the Electoral Commission, Bhargava has donated around £200,000 to the Conservative Party via two of his companies, Stellite Finance and Aria Properties.[7]

Personal life

He married his wife in 2005, and they have two children.[1]

See also

References

  1. 1 2 3 4 5 6 Pratley, Nils (19 March 2005). "The poker face". The Guardian. ISSN 0261-3077. Retrieved 15 November 2023.
  2. 1 2 Gumbel, Peter (20 November 2005). "How the U.S. Is Getting Beat in Online Gambling". TIME.com. Retrieved 15 November 2023.
  3. 1 2 Roy, Amit (20 March 2005). "Poker princes eye pot of gold - IIT alumni lord over company valued at $6 billion". The Telegraph of India. Retrieved 15 November 2023.
  4. PartyGaming's Billionaire Dikshit Quits Board
  5. "PartyGaming Executive Added as World Poker Congress Keynoter".
  6. "Gibraltar Rich list: Top 5 Millionaires and their net worth in 2019". 15 September 2018.
  7. 1 2 "Donor Watch". Private Eye (1445): 11. 2 June 2017.
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