|Net Worth/Valuation:||$2 billion|
|Latest Reported Gross Revenue:||$5.8 billion (2021)|
|Owned By:||Epic Games, Tencent|
Frequently Associated With
- Epic Games
- Tyler “Ninja” Blevins
- Tim Sweeney (Founder & CEO of Epic Games)
- Tencent (Majority shareholder of Epic Games)
Fortnite Net Worth
Fortnite: Battle Royale has been estimated to have a valuation of roughly $2 billion.
How does Fortnite make its money?
It’s a legitimate question, as Fortnite: Battle Royale is a free-to-play game. However, for many players, it’s no surprise to learn that a lot of the revenue that Fortnite generates comes from optional in-game purchases. You can buy skins for your character and weapons/accessories with Fortnite V-Bucks, the in-game currency. These V-Bucks are purchased with real money either in-game or in retail stores through gift cards.
In addition to skins, Fortnite players are able to purchase a Battle Pass, which gives them access to features that aren’t available to non-Battle Pass players. You get to partake in map and character changes, and you get a better deal on some purchases as well.
Lastly, Fortnite has numerous partnership deals with various merchandising companies. This allows them to generate revenue from use of their intellectual property for a percentage of revenue or profits made by each of their partners.
Fortnite revenue over the years
Why is Fortnite so successful?
While there are many things Fortnite does really well, what sets them apart from a lot of other games is that Fortnite implemented a free-to-play model that attracted a lot of players from the get-go and allowed them to become invested in the game before opening up their wallets to features like skins and passes.
As of 2021, latest records show that Fortnite has a player base of over 270 million players around the world.
Fortnite is best known for
Fortnite is known best as a wildly successful franchise in the battle royale space, competing with the likes of PlayerUnknown’s Battlegrounds, another first-person shooter in the Battle Royale genre. In this type of game, you try and eliminate other players while staying within a dynamic boundary on the map that gets smaller and smaller until only one player is left standing as the winner.
Oh, and they are also known for their iconic Loot Llama as well.
Parent company of Fortnite
Fortnite is owned by Epic Games which is in turn owned by majority shareholder Tencent as well as founder and CEO Tim Sweeney.
Fortnite’s most popular player
Fortnite’s most popular and most well-known player is definitely Tyler “Ninja” Blevins, who reportedly makes over $500,000 per year streaming the game on Youtube and Twitch.
Recent developments in Fortnite
In March of 2022, Fortnite officially announced that they would add a Zero Build feature to the game, where the building features of the game are removed and players can simply focus on playing the game through traditional elimination, making it more familiar to players of other battle royale games who may not have played Fortnite or avoided it due to the building skills required on top of being a first-person shooter.