How much money has Riot made?

League of Legends Revenue Stats

As of July 2022, Riot Games' mobile portfolio has accumulated $828 million. League of Legends generated $1.75 billion in revenue worldwide in 2020, becoming one of the top 10 revenue-generating free-to-play titles in 2020.

How much is Riot worth?

Interactive chart of historical net worth (market cap) for Riot Platforms (RIOT) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Riot Platforms net worth as of April 12, 2023 is $1.77B.

How much profit did Riot make?

Riot Games peak revenue was $1.5B in 2022.

Does Riot make profit?

How Much Does Riot Games Make A Day? Riot Games makes $4.1M in a day. In a single month, Riot Games normally makes close to $125.0M in revenue.

How much does Riot make per day?

How much does Riot make a day? In-game purchases generate the most revenue for Riot Games. These so-called microtransactions earn the company approximately $31 a second, or $2.64 million a day.

How Much MONEY Does League of Legends Make?

How much does Riot Games pay to quit?

Every worker that doesn't want to embrace the new strategy and decides to quit the company will receive 25% of their annual salary. Nicolo Laurent, CEO of Riot Games, shared details about this five-year plan in a blog post on January 11.

Where does Riot get most of their money?

Riot Games is a North American video game publisher, developer, and eSports tournament organizer founded by Marc Merrill and Brandon Beck in 2006. Riot Games generates the bulk of company revenue through in-game purchases, with these microtransactions earning approximately $31 per second.

Is Riot richer than Blizzard?

Activision Blizzard's brand is ranked #527 in the list of Global Top 1000 Brands, as rated by customers of Activision Blizzard. Their current market cap is $74.97B. Riot Games's brand is ranked #77 in the list of Global Top 100 Brands, as rated by customers of Riot Games. Their current valuation is $3.52B.

How successful is Riot?

One of the world's most successful publishers, Riot has established solid multi-regional esports scenes with titles like League of Legends and VALORANT. Moreover, the company is also developing an ever-growing Wild Rift scene. As a result, the company has become a reference in competitive gaming.

Who owns most of Riot Games?

In 2011, Riot Games was acquired by Chinese conglomerate Tencent. Riot Games' publishing arm, Riot Forge, oversees the production of League of Legends spin-offs by other developers.

Which game made the most money?

Top Grossing Games 2022

Honor of Kings snatched the title from PUBG Mobile, which had held it for three years previously. PUBG Mobile had a noticeable decline in 2022, from $2 billion to $1.12 billion.

How much did Riot earn from Arcane?

Riot Games' Arcane beat out the explosively popular Squid Game, which according to Bloomberg produced about $900 million in impact value. The show actually cost over $21 million to create yet still made Netflix a profit of about $1 billion.

Is Riot worth billions?

Valued at almost US$ 21 billion, Riot Games, publisher of one of the biggest games in the world League of Legends (LoL), held the Grand Final of the Brazilian Championship in SAo Paulo.

How rich is the CEO of Riot Games?

Brandon Beck's Salary

Brandon Beck net worth and salary: Brandon Beck is an American businessman and entrepreneur who has a net worth of $200 million. Brandon Beck is best known for being the co-founder and CEO of the video game publisher Riot Games. Beck founded Riot Games, Inc.

How does Riot make so much money?

Riot Games generates the bulk of company revenue through in-game purchases, with these microtransactions earning approximately $31 per second. What's more, the company earns advertising and sponsorship revenue from game tournaments broadcast on YouTube.

Is Riot bigger than Activision?

Activision Blizzard's brand is ranked #527 in the list of Global Top 1000 Brands, as rated by customers of Activision Blizzard. Their current market cap is $74.97B. Riot Games's brand is ranked #77 in the list of Global Top 100 Brands, as rated by customers of Riot Games. Their current valuation is $3.52B.

Is Riot bigger than Steam?

Is Riot bigger than Steam? Riot games now has more monthly users than Steam. While Riot didn't give a breakdown of the numbers across different titles, it said the figure is based on games set in the League of Legends universe.

Is Riot owned by China?

Tencent, a Chinese multinational conglomerate, bought a majority share in Riot Games in 2011 for USD$400 million for a few reasons.

What is Riot Games most successful game?

We Are Rioters. Riot Games was founded in 2006 to develop, publish, and support the most player-focused games in the world. In 2009, we released our debut title, League of Legends, to worldwide acclaim. League has gone on to be the most-played PC game in the world and a key driver of the explosive growth of esports.

What is Blizzard's most profitable game?

Using data from Sensor Tower and AppMagic, Mobilegamer.biz found out which mobile titles were the main revenue drivers for Activision Blizzard in Q3 2022. Candy Crush Saga remained the highest-grossing game, generating $316.8 million in the third quarter.

How much does LoL make a year?

First released in 2009, League of Legends (LoL) is an online multiplayer battle arena game which generated revenue of 1.75 billion U.S. dollars in 2020. This figure represents recovery from the dip to 1.4 billion U.S. dollars in annual revenue generated in 2018.

Who funds Riot Games?

Riot Games is funded by 4 investors. HAX and Tencent are the most recent investors. Riot Games has made 23 investments. Their most recent investment was on Mar 7, 2023 , when The Believer Company raised Riot Games has made 2 diversity investments.

Who is the CEO of Riot Games?

Nicolo Laurent has been a member of Riot's leadership team since joining the company in 2009 and has been Chief Executive Officer since 2017. As CEO, Nicolo oversees strategy, operations, products, and disciplines to ensure Riot delivers the highest quality experiences to players around the world.