FaZe Clan (formerly FaZe Sniping) is a Los Angeles-based American e-sports and entertainment company. Call of Duty, Counter-Strike: Global Offensive, PlayerUnknown’s Battlegrounds, Tom Clancy’s Rainbow Six Siege, FIFA, Valorant, Fortnite Battle Royale, and Rocket League are among the games played by the group, which was founded on May 30, 2010. In 2020, the company expanded into Asia by acquiring a Thai PUBG Mobile and FIFA Online roster.
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Inception and Formation
FaZe Sniping made its YouTube debut on May 30, 2010. The group was founded as a Call to Duty clan by Eric “CLipZ” Rivera, Jeff “House Cat” Emann (now known as “Timid”), and Ben “Resistance” Christensen. The trio gained a reputation for pioneering trickshotting in Call of Duty: Modern Warfare 2. The clan’s YouTube content skyrocketed after Ted “Fakie” joined the group.
ILLCAMS, FaZe’s most popular series on their channel, was then revealed. FaZe Clan’s emphasis on trickshotting and a personality/social-media approach contributed to FaZe Clan becoming one of the first successful YouTube video game channels, compared to other Call of Duty channels that were based on wiping.
After the channel reached one million subscribers in 2012, the clan began competing in e-sports tournaments. When FaZe Clan members began competing in tournaments such as the Call of Duty Championship and the Counter-Strike: Global Offensive Major Championships, which were held independently of the clan’s YouTube video producers, they were split into two camps.
FaZe Clan had no organizational structure at the time, but the first CEO was Thomas “Temperrr” Oliveira, a Brazilian who had been a part of FaZe since he was 16 years old. In 2014, Oliveira and COO Richard “Banks” Bengston founded the first FaZe shared home in Plainview, New York.
Sebastian Guerts, the founder of Hubrick, a former social media site, agreed to invest in FaZe Clan in 2015. Lee Trink, a former album executive, was hired as the company’s CEO by Hubrick. In January 2016, FaZe Clan acquired G2 E-sports’ international Counter-Strike: Global Offensive lineup, and they competed as FaZe Clan in the 2016 MLG Major Championship: Columbus, Ohio. At ELEAGUE Major: Boston 2018, the team finished second, losing to Cloud9 from the United States.
Bengston moved to Los Angeles in 2017, where he founded the Clout House, a new shared living space for YouTubers. FaZe Clan finished second in the ESL Pro League Season 6 and second in the ESL Pro League Season 7 and ESL One Cologne 2018, respectively, in 2017. FaZe Clan took home $500,000 in prize money after winning the ELeague CS:GO Premier in 2017.
In 2018, Greg Selkoe, the founder of the streetwear web store Karmaloop, was named president of FaZe Clan, and CEO Lee Trink was promoted to full-time CEO. In late 2018, FaZe Clan announced the start of their series A funding round.
Ray J, DJ Paul, Offset, Swae Lee, Yo Gotti, Pitbull, and Disco Fries, as well as basketball players Meyers Leonard, Josh Hart, Ben Simmons, Jamal Murray, footballer Gregory van der Wiel, skateboarder Nyjah Huston, radio host Big Boy, music entrepreneurs Sylvia Rhone, Troy Carter, and Guy Oseary, and actor Chris Oseary, all invested in FaZe Clan in 2019.
In December 2019, entrepreneur Jimmy Iovine led a series A round of funding for FaZe and NTWRK, a mobile e-commerce startup. In January 2020, FaZe Clan received a $22.7 million investment loan from Canaccord Genuity, a Canadian financial firm. On June 18, 2020, FaZe Clan announced its co-ownership of CTRL, a food supplement company.
On December 5, 2014, FaZe Clan announced the formation of Red Reserve as a branch of the organization. They continued to publish FaZe-related content until June 2016, when they left FaZe to pursue other opportunities under their own banner. According to reports, FaZe Clan and Michael Sugar, a film and television producer and the founder of Sugar23, collaborated to form FaZe Studios in April 2020.
The studio’s primary focus will be independent films and scripted television shows. The initiative was accelerated due to a lack of live programming provided by traditional networks during the pandemic. Brian “Rug” Awadis stars in their first film, Crimson, which premiered on October 29, 2020.
Evolution and Progression
On April 11, 2018, FaZe Clan and Legia Warsaw put one-of-a-kind polo shirts designed for and signed by their CS:GO players up for auction on a charity auction website. The funds will be used to assist the Institute of Mother and Child in the acquisition of new facilities. On February 12, 2020, FaZe Clan partnered with the Ronald McDonald House Charity in Los Angeles to open a gaming lounge.
It was revealed on the 27th. Fight 2 Fund, a four-week charity Call of Duty: Warzone event featuring social media influencers, YouTubers, streamers, actors, athletes, and artists, will take place on March 15, 2020, according to FaZe Clan. Viewers could make a charitable donation, which would then be distributed to those in need.
Achievements & Awards
Xizt won IEM Sydney 2018, Cromen won ESL One: Belo Horizonte 2018, and AdreN won BLAST Pro Series: Miami 2019. FaZe Clan is the first team to win multiple major tournaments with various stand-ins: Xizt won IEM Sydney 2018, Cromen won ESL One: Belo Horizonte 2018, and AdreN won BLAST Pro Series: Miami 2019.
Faze Clan’s Net Worth and Earnings in 2022
FaZe Clan has amassed a net worth of approximately $10 million since its inception in 2022.
FaZe Clan is one of the most well-known and well-known gaming organizations in the world today. It has been entertaining its fans for many years and has received numerous awards for its gaming activities. We wish them luck in their upcoming competitions and tournaments.