Faze Clan net worth is a reflection of the organization’s growth over the years. They have revolutionized and taken gaming to another level.
Faze Clan’s followers keep increasing daily. They have millions of followers across various social media channels. Their YouTube channel is also doing great.
With the owners’ decision to make Faze Clan publicly traded and listed on the NASDAQ exchange, people are beginning to wonder what its actual net worth is.
In this post, we’ll discuss the net worth of Faze Clan and other information you need to know about this organization. Keep reading!
Faze Clan: What Is It About?
If you’re an avid gamer, you most likely would have heard about Faze Clan. This organization has transformed the gaming industry, thanks to its ever-growing and innovative fanbase.
Faze Clan was founded in 2010 and is an esports entertainment organization established to make gaming more engaging. The organization is headquartered in Los Angeles, The United States of America.
Faze Clan allows players from around the globe to connect and play some of the popular games available. These include games like FIFA, Call of Duty, Fortnite: Battle Royale, etc.
This organization makes popular video games more engaging. It has established itself as one of the world’s leading gaming organizations.
Numerous factors make Faze Clan a top gaming organization. The most prominent are the organization’s disruptive content, creative ideas, and ever-increasing and engaging fanbase.
Reports show their fanbase has increased massively over the years, as they keep on rekindling the passion in gaming. Faze Clan’s fanbase has now grown to over 510 million subscribers across all platforms and the company is showing no signs of slowing down.
Faze Clan has recorded billions of views on YouTube and other platforms. They recently celebrated having over 10 billion views on GIPHY, a platform animating everyday conversation online.
Faze Clan is a global brand. The owners’ decision to make the company publicly traded proves this. They are one of the world’s most popular and successful gaming platforms. The organization’s over 10 billion views on GIPHY places it above other brands. They are the only gaming and esports brand to hit such a number of views on the platform.
Faze Clan Net Worth: The Details
Faze Clan net worth in 2021 was $305 million. In 2022, the organization’s net worth rose to over $400 million. Part of the money they made in 2021 came from Cox enterprise’s investment. It helped to boost their net worth.
Faze Clan makes money via several means. They raked in some of their revenue from media appearances, brand endorsements, official merchandise, and as digital influencers.
How Valuable is the Faze Clan?
Faze Clan isn’t the only gaming platform, though it is one of the most valuable. Other valuable ESport teams include TSM, Team Liquid, and 100 Thieves.
Faze Clan is the fourth most valuable ESport team in the world. In that order, teams ahead of them include TSM, 100 Thieves, and Team Liquid.
Faze Clan: Who Are The Owners?
Faze Clan’s humble beginning began with YouTube. And nine different people are now the company’s owners. Rapper Offset is one of them. Other prominent individuals in the company include Jimmy Iovine, co-founder of Beats Electronics and Interscope Records, and Nick Kolcheff, world-famous Twitch streamer.
Most people might be talking about the above individuals as the founder of Faze Clan because of their popularity they have gained in the entertainment industry. However, we must remember the original six who dedicated their time to creating Faze Clan and believed in the project from the onset.
So, the remaining six individuals who founded Faze Clan include:
- Nordan Shat
- Thomas Oliveira
- Brian Awadis
- Alexander Prynkiewicz
- Yousef Abdelfattah
- Richard Bengston
The History of Faze Clan
The story of how Faze Clan began is an interesting one. The net worth and popularity the company has gained over the years show how valuable it has become.
Faze Clan, formerly “Faze Sniping,” is an ESport company established to make gaming more engaging. Players in Faze Clan participate in professional tournaments and win prizes.
Three individuals started Faze Clan. They wanted more interaction with other players worldwide and decided to have their platform make it possible.
The first name in Faze Clan’s history book is Eric “ClipZ” Rivera. He’s the founder of the ESport company and lead player. Eric hails from New York City and is an avid gamer.
House cat Jeff Emann is another popular figure in Faze Clan. He’s one of the three individuals who originally founded the organization.
Jeff’s current name is “Timid,” and he has two loyal teammates helping him maintain his ranks. Ben Christensen is the other important member and founder of Faze Clan. He, Eric Rivera, and Jeff Emann established the highly successful gaming organization.
Faze Clan’s history won’t be complete without Ted “Fakie.” He changed the company’s history, making it more popular than before he joined. He started “ILLCAMS,” a gaming series, the moment he joined the group.
The idea behind ILLCAMs was to create trick shots and then upload them on YouTube. Shockingly, the Trickshot videos uploaded on YouTube went viral and attracted gamers across the globe.
Where are Faze Clan founders today? All three Faze Clan founders are alive and active. Now, the team behind the company has increased from three to nine.
Faze Clan started with Call of Duty and on YouTube. They only shifted to Fortnite when the game became popular.
The company has operated for over a decade and has witnessed intense competition from esports like TSM, 100 Thieves, and Team Liquid.
Most of Faze Clan’s members have succeeded on social media, away from the organization. For instance, Faze Rug, one of the members, boasts over 24.8 million subscribers on YouTube and over 2.2K videos.
Some of the company’s founders are now producing other content besides gaming. But their decision to move to try something different besides gaming content didn’t stop Faze Clan from being active. They still participate in major gaming tournaments today.
Faze Clan is also one of the Esport companies publicly traded on the NASDAQ.
Who Is The Richest Faze Clan Member?
Faze Clan’s members have amassed fortunes by doing the things they love, such as playing video games. The team usually participates in tournaments and wins prizes.
Besides the prizes won from tournaments, Faze Clan members are using their popularity in the gaming world in the best possible way.
Today, the wealthiest Faze member is “Banks” with a net worth of over $16 million. Faze Rug is the second richest, with a net worth of $10 million, and currently has millions of subscribers on his personal YouTube channel.
Faze Bank has been one of Faze Clan’s most involved members. He also has massive followers on social media. He has also collaborated with famous figures like Jake Paul and Logan Paul.
How Much Prize Money Has Faze Clan Won?
Faze Clan participates in professional tournaments and has won substantial prizes. In 2022, they won the most prizes.
RobbaN’s team clinched five championships and won $1,861,750. The group failed to win the Intel Grand Slam Season 4. Otherwise, their total prize money in 2022 would have been higher.
Who Is Faze Clan’s CEO?
Lee Trink is the company’s current CEO. Trink entered the company as an advisor but quickly became the CEO in 2018, two years later.
It is impressive to see how much Faze Clan has grown. When the company started, there was no corporate structure. Brazilian Thomas “Temperrr” Oliveira was the first CEO. He joined the company at 16 years old.
Who Are The Most Active Members of Faze Clan?
Though Faze Clan opened the door and showed other creators the power gaming content wields, they must continue being active. Otherwise, they risk falling by the wayside. Interestingly, some members of the Faze clan are super active, and it’s only right that we acknowledge them.
So, here are the active members of Faze Clan:
- Adapt
- Offset
- Banks
- Apex
- Rain
- Temperrr
- Jimmy Lowine
How Many YouTube Subscribers Does Faze Clan Has?
Faze Clan subscribers have grown over the years. They currently have 8.65 million subscribers and published 1.8K videos.
With this figure, Faze Clan is YouTube’s most subscribed gaming platform. They lead the way, and others follow.
Faze Clan has a strong team in diverse video game genres. They have teams for Call of Duty, Counter-Strike: Global Offensive, and others.
Does Faze Clan Have A Female Team?
Faze Clan boasts an all-female esports team, ready to battle it out with their opponents. The five pro players include:
- Jennifer “refinnej” Le
- Vannesa Emly “Panini) Emory
- Emma “Emy” Chloe
- Madison “maddiesuun” Mann
- Diane “Di^” Tran
These players were Riot’s “Volarant” North American competition teammates. It was a championship tour hosted under the team name “Hamboigahs.”
Fans can’t understand why it took Faze Clan, a reputable and popular gaming company, to sign female pro players, but as the saying goes, “it is better late than never.”
The company’s decision to sign female professional video gamers, proves its commitment to inclusivity and growth.
What made the recruitment a breeze for Faze Clan was that the female players had the same agent who had been pitching the idea of female gamers to other teams. Faze bought the idea and decided to act on it.
Though players have refused to disclose the terms of their contracts, Vanessa has been kind enough to provide some insight to the public. She claims that Faze’s salary is higher than she received in her previous contract.
Is Snoop Dogg In Faze Clan?
Snoop Dogg used to be a member of the board of directors of Faze Clan, but that has changed. The esports and lifestyle brand mentioned that Snoop Dogg, whose real name is Calvin Broadus Jr., has resigned from the board of directors of Faze Clan with immediate effect.
Faze stated that the company was on good terms with Snoop Dog. They claimed his decision to resign was personal and not because of a disagreement.
A December 2022 report Forbes made available showed that Faze reportedly agreed with Snoop Dogg to give him several rewards. They offered to give him $1.9 million in stock, including a spot on the company’s board of directors.
That wasn’t all. Faze even promised to give Snoop Dogg’s son stock worth $248,000. They promised the stock would be given to each of his sons, including the manager.
Following its transition to a publicly traded company, things began to turn sour for Faze. The company’s stock dropped below $1.
So, many believe Snoop Dogg’s decision to resign from the company’s board of directors is tied to the falling stock price. He has seen the end and doesn’t see a way out for the Faze Clan.
How Many Members Does Faze Clan Have?
Faze Clan boasts 93 members, comprising esports competitors, content creators, and top celebrities like Snoop Dogg. But Snoop Dogg is no longer with the company.
The company’s social creators boast a combined following of 500 million across various platforms, such as TikTok, YouTube, and Twitch.
Conclusion
Faze Clan net worth was $400 million in 2022. In 2021, it was $320 million. It shows how valuable the company has become as a gaming platform involved in gaming tournaments and
creating content to have such revenue. Faze Clan boasts many subscribers and engages in professional gaming tournaments. In 2022, they won the most championships of any size. They won five championships, generating $1,861,750 in the process.
Three friends founded the company. And those three are Eric Rivera, Jeff Emann, and Ben Christensen. But today, Faze Clan has nine different owners.