How rich is Riot?

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 05, 2023 is $1.6B.

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.

Is Riot a billion dollar company?

Riot Games has made $20 billion from just one video game. Now the success of Fortnite has the company scrambling to prove it can be more than just the decade-old 'League of Legends.

How much money does 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 does Riot have 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.

Riot Games Severed Ties With Garena. And It's a Big Deal...

Does Riot have debt?

Debt to Equity History and Analysis

Debt Level: RIOT is debt free. Reducing Debt: RIOT has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.

How much does Riot make per day?

Riot Games makes $4.1M in a day.

See all answers to common company questions.

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.

Will Riot Games pay $100 million?

Why it matters: The settlement is a win for women who worked at Riot and for a California agency that had blocked an earlier, smaller deal. Details: The $100 million settlement will pay thousands of dollars to women who currently or formerly worked at Riot between Nov.

Is Riot owned by Vanguard?

Fintel reports that Vanguard Group has filed a 13G/A form with the SEC disclosing ownership of 15.22MM shares of Riot Blockchain Inc (RIOT). This represents 9.09% of the company.

Does Riot make profit?

Many wonder how much money Riot can generate by selling their skins; now we have the answer. With the sale of a single VALORANT skin, Riot Games has earned over $20 million. Recently, Riot Games has made public a staggering statistic.

What is the richest gaming platform?

In November 2021, Roblox Corporation was ranked first among the biggest gaming companies worldwide with a market cap of 74.55 billion U.S. dollars, which had been boosted by market activity surrounding the metaverse hype in October 2021.

What is the largest gaming company?

Sony will continue to be the world's largest video game company in 2022. The PlayStation 5, which was released in 2020 and quickly became the world's most popular next-generation video game console, now accounts for most of the Japanese tech giant's gaming earnings, totaling $24.9 billion last year.

Which game makes Riot the most money?

How successful is Riot Games?

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.

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.

Does Riot pay pro players?

With developers Riot controlling the domestic and international events, there's not much opportunity for players to earn prize money. The majority of League pro players' income comes from salaries behind closed doors. However, these earnings are a bit hard to calculate.

Is Riot owned by Microsoft?

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.

How big is Riot company?

Founded by Brandon Beck and Marc Merrill, and led by CEO Nicolo Laurent, Riot is headquartered in Los Angeles, California, and has 4,500+ Rioters in 20+ offices worldwide.

Does China own Riot Games?

Riot Games is wholly owned by China's social media, games and video conglomerate Tencent Holdings.

Is Riot a big company?

Based in Los Angeles, CA, Riot Games is a key player in the technology industry with 2,500 employees and an annual revenue of $1.5B.

Who sponsors Riot?

Share. Game developer Riot Games has renewed its partnership with Prime Gaming, the gaming branch of ecommerce company Amazon. The multi-faceted deal will see Prime Gaming continue as a global sponsor for all Riot Games esports titles.

Who pays for a Riot?

Insurance. The first entities that typically must pay for these injuries and damages are insurance companies. When a property owner suffers losses thanks to rioters, insurance policies will often cover the losses.