FaZe Clan has revolutionised the gaming industry securing investors such as Offset and Pitbull as well as being part of some of the biggest esports tournaments in the world.
With FaZe Clan set to become a public listed company on the NASDAQ exchange, gaming fans have been left wondering how much the company is worth and who its owners are.
What is FaZe Clan?
Founded in 2010, FaZe Clan is a professional esports and entertainment organisation based in Los Angeles. It includes players from around the world playing some of the most popular games including Call of Duty, Fortnite: Battle Royale and FIFA.
FaZe Clan has established itself as one of the most prominent and influential gaming organisations in the world, and they have become known for their disruptive content and hyper-engaged fanbase which has hit a staggering 351 million.
What is FaZe Clan’s net worth?
In 2021, FaZe Clan has been valued at around $305 million due to investment from Cox Enterprises. The company accrued their staggering net worth from digital influencers, media appearances, official merchandise and brand endorsements.
FaZe Clan were also ranked the fourth most valuable esports company in the world. CEO Lee Trink said: “What you have seen in the last year is other esports companies are catching on to what has been our philosophy from Day 1, which is to explore the outer reaches of what gaming can be.”
Who owns FaZe Clan?
Surprisingly, FaZe Clan is owned by nine different individuals including rapper Offset, co-founder of Beats Electronics and Interscope Records Jimmy Lovine and world-renowned Twitch streamer Nick Kolcheff.
But who can forget the original six? Thomas Oliveira, Yousef Abdelfattah, Nordan Shat, Brian Awadis, Richard Bengston, Alexander Prynkiewicz were the creators of the company which had its humble beginnings on YouTube.