Len Ainsworth Net Worth is$1.3 Billion
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Len Ainsworth Net Worth: Len Ainsworth is an Australian entrepreneur who has a net worth of $1.3 billion. Having made his fortune through 2 slot-machine companies, Len Ainsworth is one of the richest people in Australia today. At first, he transformed his father's dental-equipment business into slot machines and set up Aristocrat Leisure in 1953. Over the years, Aristocrat Leisure has become the second largest slot machine producer worldwide. However, he was forced to leave that Company in 1994 when he got an incorrect cancer diagnosis, but still holds a large stake in it. Shortly after, he established Ainsworth Game Technology, where he serves as executive chairman. His net worth is constantly on the rise along with the boost of the companies' shares. Spending his 90th birthday at work, Ainsworth still leads an active life. Maybe he has stopped driving, but still rides a motorcycle at his farm near Sydney.
Aristocrat Leisure Limited is an Australian company, which has its administrative centre in the Sydney suburb of North Ryde, although the majority of its research and development is also done at its North Ryde site. It also has marketing and development offices in South Africa, Russia, the United States and Japan.
Aristocrat is the largest gaming machine manufacturer in Australia, and is one of the largest manufacturers of slot machines in the world (currently second only to US based International Game Technology).

The company produced its first machine in 1953, and was listed on the Australian Stock Exchange in 1996. The company was founded by Len Ainsworth, whose family maintains a lucrative stake in the company, but is now Chairman of a different gaming company, Ainsworth Game Technology. Aristocrat is now licensed to distribute slot machines and other gaming products in over 200 jurisdictions (note that many countries, such as Australia, have a number of different gaming-licence jurisdictions).
Aside from spinning reel slot machines, the company also has interests in gaming systems (a computerised network systems that manage slot machines), computerised card game simulations, electronic table games and linked jackpot systems (such as the patented Hyperlink systems). The company has developed the exclusive Reel Power system, where players buy reels instead of lines, win combinations in the standard configuration.
To this day, probably the most iconic Aristocrat game is Queen of the Nile, with its classic Egyptian theme. However, a key revenue driver for the company is its linked jackpot themes, such as the Cash Express or Jackpot Carnival hyperlink themes, which place large progressive jackpots over a number of machines, usually between 4 and 12, but theoretically up to 256 machines can be linked under one jackpot system.
The company has a number of distribution partnerships, such as its partnership with Sammy Corporation in Japan.

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Len Ainsworth Latest News

Aristocrat reels in a Big Fish

Seventy years ago, Len Ainsworth upset his dentist father by turning his father’s hobby of making dental supplies and equipment into a business. A chance encounter in the early 50s then led him into the pokie manufacturing business and, as pokies were ...
Posted: December 5, 2017, 4:59 pm

Len Ainsworth puts David Crawford, Elizabeth Alexander to shame

In fairness to Elizabeth Alexander, the 74-year-old Medibank Private chair seeking re-election for another three years, she's only a year older than David Crawford, who'll be 91 by the time the South African coal assets (along with him) are spun out of ...
Posted: October 31, 2017, 3:32 am

Len Ainsworth cashes out $473m pokies stake

Billionaire pokies king Len Ainsworth will donate "a large chunk" of a $473 million windfall to charity, after he sold his 53 per cent stake in the company he founded, Ainsworth Game Technology, to Austrian gaming company Novomatic. The 92-year-old ...
Posted: February 22, 2016, 10:20 pm
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