|Legal Name:||Riot Games, Inc.|
|Headquarters Regions:||West Los Angeles, California, United States|
|Founded Date:||31 August 2006|
|Founders:||Brandon Beck, Marc Merrill|
|Number of Employees:||2500+|
|Area served:||United States of America and world|
|Products of Company:||video game developer, publisher, and esports tournament organizer|
|Net Worth in 2023:||$26 Billion|
Riot Games is a company that has specialized in eSports, video games, mobile games, and game development. Currently, the company ranks among the top in the Interactive entertainment industry. The company is considered the world giant Esports producer. Its popularity has made the company command a broad market, including but not limited to Australia, Europe, Asia, and America, among other nations in the world.
Besides, Riot Games is among the organizers of the League of World Championships. Also, it has become consistent in organizing competition series games across North America and Europe. Each tournament won attracts a winner prize of $2 million.
The company has become more popular among the young generation in love with technology and video games. However, video games have been developed in such a manner that a wider age group can still be entertained and be engaged in the tournaments. Creating diverse video games to target a more expansive age group has made the company’s popularity skyrocket.
The company’s current net worth is billions of dollars. Since the demand for video is still on the rise, they are expected to earn even more. What is interesting about the company is that Riot Games takes care of its employees well and has been featured as among the best paying video company on the planet.
Well, how well do you know about Riot Games? If not much, we have compiled all you need to know about Riot Games’s net worth in 2023, wiki and complete details. Well, if you’re all set, here is what we know about Riot Games to date.
The Riot Games was founded in 2006. The company’s co-founders are the celeb ‘Ryze,’ whose real name is Brandon Beck, and ‘Trundamere,’ whose real name is Marc Merill. West Los Angeles, California, is the company’s headquarters.
Some of the company’s key investors are FirstMark Capital and Benchmark Capital company. The company has partnered with Garena company which specializes in distributing the released video games. Some of Riot Games’ countries include but are not limited to wealthy nations such as China, Vietnam, Phillippines, Russia, Greece, Brazil, Malaysia, Canada, Thailand, Japan, Taiwan, Indonesia, and South Korea.
Initially, the company was known as League of Legends. However, a Chinese Company bought the League of Legends Company and Radiant Entertainment company that specializes in the development of video games.
Currently, the company makes diverse forms of video games, including but not limited to online and offline video games, various difficulty video games, and exciting video games.
When the company was launched, it became popular among video game fans. As the demand for videos increased, the company has widened its coverage to include at least 23 physical offices and 19 studios strategically located worldwide.
Currently, the company commands over 32.5 million video game players as employees from being founded by two video game fanatics. Out of these numbers, 4.2 million are paid daily, while 11.5 million employees are paid every month. The company has over 100 million players across the globe every month.
Apart from games, the company also offers video game tournaments. Besides, with a massive demand for video games on the rise every day, the company employees constantly release new entertaining video games as soon as possible. A dedicated 2,500 employees in various stations across the world are involved in the creation and maintenance of the video games database.
The following are a few of the most popular and regularly played games produced by the company. The video games include: Mechs vs. Minions, Cho’gath Eats the World, World of Warcraft, Astro Teemo, Dota 2, Hearthstone, Thieves, Ziggs Arcade Blast, Blitzcrank’s Poro Roundup, and Fighters, among others.
Despite some of the games requiring subscription or license, some are entirely free. For instance, one of the most featured best free video games is Blitzcrank’s Poro Roundup. The video game runs on the Android or iOS platform.
What has made Riot games to be among the best video game companies is its great relationship between its employees and players. Besides, concerns raised are often solved as soon as possible to satisfy consumer needs. Having established a great rapport, the company earns millions of referrals, increasing the company’s net worth.
Awards & Achievements
- In 2017, the company won the Best Company Culture and Best CEO
- In 2016, the company beat the Top 5% Rated CEO
- In 2019, they won The Game Awards
- In 2019, the company won the Esports Awards
- The company won the 39th Annual Sports Emmy Awards
- The company is a five times winner of the Game Developers Choice Online Awards
Net Worth & Earnings of Riot Games in 2023
As of 2023, Riot Games has a net worth of about $26 billion. The lucrative business has attracted wealthy shareholders, including Tencent Holdings that has invested $400 million. Besides, companies such as FirstMark Capital and Benchmark Capital have invested $7 million.
Annual revenue for the company is estimated to be about $964 million. A few of the bestselling video games for a single year of the company include Nexon’s Dungeon Fighter Online game that has attracted $981 in revenue. Also, $728 million has been earned from the video game World of Warcraft.
Riot Games is one of the most established video game producers on the planet. Having partnered and contracted various expertise in the field, the company has been able to stay on top of its competitors. Besides, the great video games have become popular and have called for more studios and offices to be placed in various countries across the world.
Diversifying video games has earned the company a significant number of members. While some videos are played offline, others are played online. Besides, some games are entirely free, while others need a subscription. In that manner, the company has been sensitive to take care of its broad category of fans irrespective of their geographical location or wealth status. Currently, the company earns billions of dollars for net worth.