Riot Games is a video game, mobile game, and game production firm that specializes in eSports, video games, and game production. The company is currently ranked among the best in the interactive entertainment business.
The company is regarded as a global Esports powerhouse. Due to its success, the corporation now has a global market that includes, but is not limited to, Australia, Europe, Asia, and America, among other countries.
Riot Games is also one of the League of World Championships’ organizers. It has also become a reliable organizer of competition series games in North America and Europe. Each tournament winner receives a $2 million reward.
The company has grown in popularity among young people who are fascinated by technology and video games. However, video games have been designed in such a way that players of all ages can be entertained and participate in competitions. The company’s popularity has skyrocketed as a result of creating varied video games to appeal to a wider age group.
The present net value of the corporation is in the billions of dollars. They are anticipated to earn even more as the demand for video continues to soar. What’s unique about Riot Games is that it values its employees and has been named one of the best-paying video game companies on the planet.
So, how familiar are you with Riot Games? If not much, we’ve assembled everything you need to know about Riot Games’ net worth in 2021, as well as a wiki and other useful information. Thus, if you’re ready, here’s everything we know about Riot Games so far.
|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 2021:||$26 Billion|
Beginning of Riot Games
Riot Games was established in 2006. Celebrities ‘Ryze,’ whose real name is Brandon Beck, and ‘Trundamere,’ whose actual name is Marc Merill, are co-founders of the company. The company’s headquarters are in West Los Angeles, California.
FirstMark Capital and Benchmark Capital are two of the company’s major investors. The company has teamed with Garena, a company that specializes in delivering video games that have been released. Wealthy nations such as China, Vietnam, the Philippines, Russia, Greece, Brazil, Malaysia, Canada, Thailand, Japan, Taiwan, Indonesia, and South Korea are among Riot Games’ countries.
League of Legends was the company’s original name. However, the League of Legends Firm and Radiant Entertainment, a video game development business, were purchased by a Chinese company.
Currently, the company produces a wide range of video games, including online and offline games, games of varying degrees of difficulty, and interesting video games.
Evolution of Riot Games
When the company first opened its doors, it was well-received by video game fans. As video demand grew, the company expanded its footprint to encompass at least 23 physical offices and 19 studios strategically situated across the world.
The company now employs over 32.5 million video game players after being created by two video game enthusiasts. 4.2 million employees are paid on a daily basis, whereas 11.5 million are paid once a month. Every month, the corporation attracts over 100 million new players from throughout the world.
The company also hosts video gaming tournaments in addition to games. Furthermore, with an ever-increasing demand for video games, the company’s personnel are regularly releasing new interesting video games as soon as feasible. The video games database is created and maintained by 2,500 committed professionals working in various stations throughout the world.
The following are a selection of the company’s most popular and frequently played games. 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 are among the video games available.
Despite the fact that some games require a subscription or a license, others are completely free. Blitzcrank’s Poro Roundup, for example, is one of the most popular free video games. The video game is available for Android and iOS devices.
Riot Games’ outstanding connections with its staff and players has helped them become one of the top video game companies. Furthermore, consumer problems are frequently addressed as soon as feasible to meet their needs. The corporation generates millions of referrals as a result of its strong relationship, increasing its net worth.
Awards and Achievements
- The company was named Best Company Culture and Best CEO in 2017.
- In 2016, the company outperformed the top 5% of CEOs.
- They won The Game Awards in 2019.
- The company won the Esports Awards in 2019.
- The company was named the winner of the 39th Annual Sports Emmy Awards.
- The company has won the Game Developers Choice Online Awards five times.
Riot Games: Net Worth
Riot Games has a net worth of almost $26 billion. The lucrative industry has drawn a slew of affluent investors, including Tencent Holdings, which has put $400 million into the venture. In addition, firms like FirstMark Capital and Benchmark Capital have put in $7 million.
The company’s annual revenue is anticipated to be over $964 million. Nexon’s Dungeon Fighter Online game, which brought in $981 in revenue in a single year, is one of the company’s best-selling video games. In addition, the video game World of Warcraft brought in $728 million.
Riot Games is one of the most well-known video game studios in the world. The organization has been able to keep ahead of its competitors by partnering with and contracting numerous experts in the sector. Furthermore, fantastic video games have become popular, necessitating the establishment of more studios and offices in numerous places throughout the world.