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Old 07-10-2005, 11:17 PM  
Drake
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Join Date: Mar 2003
Posts: 12,508
Quote:
Originally Posted by datatank
Founder Ruth Parasol made her fortune originally from running premium rate adult chat lines and adult entertainment websites, before switching to online gaming in 1997.

Parasol and her husband Russell de Leon, both lawyers, are each set to cash in around $370 million and still own a combined stake worth about $2.7 billion. Parasol and de Leon now act as legal consultants to the Gibraltar based company.


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I don't know anything about this person but I would bet most of her net worth was made in the online gambling part of her career rather than the adult, and being a 'webmistress' so to speak. It seems her dad basically handed her his thriving business:

"Although qualified as a lawyer, it is unclear whether she ever practiced, because shortly after leaving law school she went into business with her father, who by then was running sex chatlines. By 1994 she had two of her own chatlines, called WKP and SPR. Some say Richard Parasol gave them to his daughter to help her make her own way in the world of adult entertainment." - http://********.com/read.aspx?ID=10316

If she was ever a webmistress is was for a brief time because according to her spokesperson she was out of adult by 1996 (when most online sites were just getting their start).

"Ms Parasol's spokesman says she and her father had withdrawn from IEG by mid-1996, and that she has severed her connections with the internet pornography industry."

Interesting woman and story nonetheless.

Last edited by Drake; 07-10-2005 at 11:18 PM..
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