Fortnite’s Epic Games Is Estimated To Be Worth $8 billion

Based on recent report by Bloomberg, Epic Games is now estimated to be worth $8 billion and Fortnite is largely responsible for the firm’s overall success.

Fortnite is a colorful and vibrant battle royale shooter where multiple players fight to the death with limited resources and weapons until one is left standing. This year alone, the battle royal shooter is expected to rake in at least $2 billion and Bloomberg Billionaires Index reported that Epic is now valued between $5 billion and $8 billion. The free-to-play shooter even managed to generate over $2 million daily for mobile and over $1.2 billion from in-app purchases to date. The game makes most of its revenue from microtransactions which is V-bucks, where players uses the in-game currency V-bucks to purchase cosmetic items, avatar gestures and dances, as well as special missions.

With Fortnite taking the video gaming helm and played by hundreds of millions of players across many platforms, it is not surprising that Epic’s CEO Tim Sweeney is now a billionaire.

Related posts

Rockstar Reveals Principe Deveste Eight And Doomsday Week Double Rewards

Rockstar Reveals Principe Deveste Eight And Doomsday Week Double Rewards


Rockstar Reveals Principe Deveste Eight And Doomsday Week Double Rewards

Rockstar Games' GTA Online offers Doomsday Week, where players can enjoy extra rewards for finishing any of the Doomsday Heist finales and also splurge on a new supercar. To earn the double rewards for RP and GTA$, players will need to complete the Doomsday Heist missions, such as the...

Call of Duty: Black Ops 4 Adds Loot Boxes That Comes With XP Boost

Call of Duty: Black Ops 4 Adds Loot Boxes That Comes With XP Boost


Call of Duty: Black Ops 4 Adds Loot Boxes That Comes With XP Boost

Call of Duty: Black Ops 4 has added loot boxes in its latest update. Black Ops 4's loot boxes doesn't only contain cosmetics, but signature weapons that comes with an XP boost which could affect the game play experience for many. For those who are willing to pay for the crates, signature...

Paradox Interactive Launched Paradox Mods With Microsoft

Paradox Interactive Launched Paradox Mods With Microsoft


Paradox Interactive Launched Paradox Mods With Microsoft

Paradox Interactive has partnered up with Microsoft to launch Paradox Mods, a new independent modding platform for both PC and Xbox One. For the time being, Xbox One, GOG, and Paradox Launcher users will have access to Stellaris, Cities: Skylines and Surviving Mars mods at Paradox Mods...

Leave a comment