Like Cuban, Parasol was quick to recognize the Internet's power to transform daily life. Through phone sex, then Web porn and most recently online poker, the 38-year-old lawyer has leveraged a succession of new technologies to become a self-made billionaire whose net worth rivals those of Internet entrepreneur Mark Cuban and Las Vegas mogul Steve Wynn. No longer active in management still serves as a consultant. But sales robust: up 1,900% in last 2 years. 6 announcement of slower revenue growth and increased competition. Took public on London exchange in June stock down 48% since Sept. soil servers, employees based in Gibraltar, India, England, the Caribbean. Problem: 80% of customers live in America, where online gambling is illegal. With partners developed online casino software enabled gamblers around the world to play one another in poker. Moved to Internet porn sites litigation threats prompted switch to online gambling. of San Francisco, served as adviser for father's phone-sex-chat business. Russell DeLeon, owns 32% of Internet poker site PartyGaming (each holds a 16% stake). Western State University College of Law, Doctor of Jurisprudence Education: University of San Francisco, Bachelor of Arts / Science
