Who is Riot Games and what is Riot Games net worth 2018? There is something about men and gaming that only men can understand it. Even younger boys seem to be hooked on gaming, and there is nothing as difficult as getting their attention from their game pads. I bet the feeling can be compared with girls who love playing with dolls and making tea-parties to partake with those Barbie dolls. Even so, the intensity of which the men and boys love gaming cannot be compared with any obsession that women and girls have. And now with Riot Games developing League of Legends, the matter has gotten worse.
Riot Games is a company that deals with developing video games. Other than this, it is also a publishing company and an esports organiser of tournaments. It was established in the year 2006 and has been on the rise ever since. Many people are aware of Riot Games, and they are particularly fans of their game called League of Legends which has become a viral game that is more addictive than any substance out there. The central office of Riot Games is located in Los Angeles to the west, California. This company was founded by Brandon Beck and Marc Merrill.
This company has been funded by many giant companies like Benchmark Capital and FirstMark Capital. These two raised $7 million for Riot Game’s first funding. The second time, the company was funded by these two capital firms and a third Chinese company called Tencent Holdings that deals with technology. In the year 2011, Tencent Holdings managed to purchase the majority of Riot Game’s shares at an estimated value of more than $231 million.
This company is home to around 1,000 employees with some of the most renowned people like employees of Defense of the Ancients, Steve Feak who is a developer, as well as Steve Mescon among others.
Riot Games is the company to watch out for. This company is famous for developing League of Legends as stated earlier. A game that has taken the gaming society to a level of fun that they have never experienced before. The fans of this game call it LOL. LOL is meant for a Windows or Mac platform, and its genre is Multiplayer Online Battle Arena (MOBA). It has amazing features and a sense of realism that gets everyone excited.
It was developed in the year 2009, and it still thrives up to date. There is also the Mechs vs. Minions which is relatively new and was developed in the year 2016. The genre is co-operative Strategy, and it works on Tabletop platforms. These two are the two major games developed by Riot Games. There are mini games developed as from 2013 to 2015, and they include Astro Teemo, Cho’agath Eats the World and Blitzcrank’s Poro Roundup. All these mini games have done great in the market place.
Net Worth of Riot Games
The net worth of Riot Games is currently unknown because there are no releases made concerning their net worth. Even so, what we know is that, the annual revenue of this company stood at $1.8 billion.
I have reason to believe that the gaming industry is the best place to put your money in. Look at Riot Games and tell me I am wrong. Furthermore, we know that the world will never fail to produce gaming lovers. Therefore, you can be sure that you will make money. It all depends on how good and amazing your game is.