Riot Games Net Worth has been a subject of interest recently. Riot Games is a developer, a publisher of video games, and an eSports tournament organizer. They are one of the giants in the Interactive entertainment industry. Besides making video games, they now engage in making mobile games also. Let’s know more about the Riot games as and their achievements.
With the increasing demands of mobile video games, the company has expanded its wings to various corners of the world.
The company organizes the League of Legends World Championship and Championship Series in Europe and North America. They offer the prize money of $2,000,000 in their tournaments.
Inception and Founders
In earlier days, the company was known as League of Legends. Later the company was sold to Tencent Holdings Limited, a Chinese company.
They have made an acquisition of Radiant Entertainment, a video game developing company. Companies like Benchmark Capital and FirstMark Capital are the primary investor in the game growing company.
They are also associated with online game service provider Garena who has the responsibility to distribute the game online.
Riot Games also release their League of Legends in many countries like the Philippines, China, Singapore, Vietnam, Brazil, Russia, Malaysia, Greece, Thailand, Taiwan, Canada, South, Korea, Japan, and Indonesia.
Evolution and Development
Their stand-alone title League of Legends was launched as its first title in October 2009 and got immense popularity among game-loving people.
They have 19 studios and 23 offices around the world. In some years after releasing the game, the company announces that they have 32.5 million players, among whom 11.5 million play monthly, and 4.2 million play daily.
Recently the company has announced that League of Legends, the online multiplayer game has 100 million players monthly.
The game company arranges online game tournaments all over the world. With their games and tournaments, the company’s profile is growing upward day by day.
Two thousand five hundred employees are constantly engaged in developing games and maintain the online database across the world.
Some of their famous games are World of Warcraft, Dota 2, Hearthstone, Mechs vs. Minions, Astro Teemo, Cho’gath Eats the World, Blitzcrank’s Poro Roundup, Thieves, Fighters, and Ziggs Arcade Blast.
Blitzcrank’s Pro Roundup is a free mobile game that runs on iOS and Android. Riot has made a community to give the best environment to the players, and through the community, they maintain good communication relations between a company’s employees and the players.
Riot Games Net Worth
As of March 2021, It is estimated that Riot Games earned net worth revenue of around $26 billion. The premier stakeholder Tencent Holdings invested $400 million.
Form the capital firms like Benchmark Capital and FirstMark Capital; the game company got $7 million.
League of Legends earned revenue worth $964 million, Nexon’s Dungeon Fighter Online game made $981 million and World of Warcraft brought in $728 million in one year.
Mobile video games are top-rated among the younger generation in the modern world. With the intention of changing the mobile game world, the company started working as a game developer.
For being extremely exciting and user-friendly games, they got immense popularity. Different types of online games offline games are on the priority lists of our daily life.
Day by day, the number of online gameplays is increasing. To full fill the demons of the game lovers, the game developers are always engaged in making different exciting, challenging games.
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