Faze Clan has an estimated net worth of $8 million as of 2021.
FazeClan began as a bunch of video game enthusiasts, but they are now a recognised $8 million YouTube video producer and multi-game esports group that has revolutionised the image of virtual gaming around the world. This network of like-minded gamers earns millions of dollars per event.
Faze Clan, originally known as FaZe Sniping, is a professional esports and entertainment group. It was formed on May 30, 2010, by three Call of Duty addicts: Eric “CLipZ” Rivera, Ben “Resistance” Christensen, and Jeff “House Cat” Emann, who is now known as “Timid.”
This remarkable Los Angeles-based clan has attracted incredible chosen players from all over the world, spanning several games.
The faction participates in titles such as Call of Duty, Counter-Strike: Global Offensive, Tom Clancy’s Rainbow Six Siege, PlayerUnknown’s Battlegrounds, Valorant, FIFA, and Fortnite Battle Royale. In addition, the company grew and acquired a PUBG Mobile and a FIFA Online Roster in the Asian market.
This esports organisation is hardly a venture capitalist. It has, nevertheless, made itself available as an investee. The organisation closed its series A investment round just before the end of 2018. Professional basketball players Josh Hart and Meyers Leonard, as well as rappers DJ Paul and Ray J, all invested in Faze Clan.
For 2019, rapper Offset invested and became part of the organization as a new member. Throughout the year, famous personalities joined the bandwagon.
Big boy, a radio host, skateboarder Nyjah Huston, basketball players Jamal Murrey and Ben Simmons, footballer Gregory van der Wiel, music executives Sylvia Rhone, Guy Oseary, and Troy Carter, and musicians Swae Lee, Pitbull, Yo Gotti, and Disco Fries are all investors in this group.
Finally, we have actor Chris O’Donnell, who has merged with Faze Clan. Faze Clan, led by Jimmy Lovine and the mobile e-commerce platform NETWRK, concluded its series A round in December 2019.
Faze Clan received a $22.7 million loan from Canadian financial firm Canaccord Genuity. On June 18, 2020, the Faze clan disclosed its co-ownership of the food supplement company CTRL.
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