Last Updated on 9 months by Anoob P T
FaZe Clan net worth in 2023 is valued at around $43.9 Million only after the company had gone public at a valuation of $725 Million.
In this post, we are going to look at Faze Clan Net Worth, Salary, Members, Channels & How Faze Clan Made & lost Money.
I have also written a detailed post of FaZe Jarvis net worth, you can check it out if it interests you.
Table of Contents
FaZe Clan Net Worth Update
As of September 2023, Faze Clan stock is now trading at just $0.19 which means the company is very near to being delisted from stock market.
Is Faze Clan Broke
As of September 2023, FaZe Clan is not broke yet, but the company shares are trading at just 19 cents which means that they are close to being broke. It is reported that FaZe clan has cash reserves of just $40 million left.
FaZe Clan Net Worth & What You Can Learn from FaZe Clan
FaZe Clan net worth in 2022 was valued at around $305 million (after the $40 million fund raise) and with the investment from Cox Enterprises, but the companies fortunes have made a drastic turn ever since.
How Faze Clan Became Popular
Catch the wave early
FaZe Clan started uploading videos on May 30, 2010–which was fairly early when you consider e-sports market.
Thier videos went super viral and beacause FaZe clan entered the niche early, they were able to make a fortune doing what they loved.
When You Find Something working, double down.
After FaZe Clan’s YouTube channel reached 1 Million subscribers, FaZe Clan quicky expanded and formed dedicated teams that would take part in e-sports competitions and dominating some of them.
This resulted in FaZe clan, being able to become a dominant force in the e-sports industry which was still evolving.
If you are into gaming or entertainment niche in general, you can consider starting a YouTube channel.
Faze Clan Net Worth, Salary, Members, Channels & How Faze Clan Made Money
Who is FaZe Clan?
FaZe Clan is an esports company that participates in professional gaming tournaments. According to the number of followers on different social media channels FaZe Clan is one of the post popular esports companies in the world.
FaZe Clan started as a group that posted “trickshot” videos and quickly became popular. FaZe Clan started in 2010 and in 2016, FaZe Clan created a separate professional team for the game Counter-Strike: Global Offensive.
To know more about FaZe Clan members, please check our FaZe Clan Roster section.
You can watch official FaZe Clan YouTube videos here.
FaZe Clan Net Worth
FaZe Clan History
FaZe Clan started as FaZe Sniping and they were mostly focused on Call of Duty game. The clan had three payers in the beginning Eric “CLipZ” Rivera, Jeff “House Cat” Emann (now known as “Timid”) and Ben “Resistance” Christensen.
The group started posting trickshot videos on YouTube many of which went viral and their content became popular after Ted “Fakie” joined the team.
After Ted “Fakie” joined, FaZe Clan started a series called ILLCAMS which was focused on trick shots and more inclined for social media audience.
In 2015,Norwegian entrepreneur Sebastian Guerts invested in FaZe Clanand Mr. Lee Trink was appointed as CEO to run the clan.
In 2018, Greg Selkoe, founder of Karmaloop, became the president of FaZe Clan, with CEO Lee Trink stepping into the CEO role full-time.
In the same year, FaZe Clan also received series A funding.
In January 2020, FaZe Clan also received $22.7 million investment loan from Canaccord Genuity, a Canadian financial company.
To know more about the history of FaZe clan, you can check this link.
FaZe Clan Career
FaZe Clan is easily one of the most successful professional esports companies in the world with major wins across multiple events.
FaZe Clan career wins include IEM Sydney 2018 with Xizt, ESL One: Belo Horizonte 2018 with cromen and BLAST Pro Series: Miami 2019 with AdreN.
It is estimated that FaZe Clan has earned a total prize money worth $9,665,439.83 across 389 Tournaments that they have taken part in.
FaZe Clan Bio
| Real Name | FaZe Clan |
| Nick Name | Faze |
| Date of Formation | May 30, 2010 |
| Net Worth | $40 million (approx) |
| Source of Wealth | Professional Gaming, Wins, Media Appearances, Merchandise |
FaZe Clan Awards
In 2016, FaZe clan participated in MLG Major Championship: Columbus and in ELEAGUE Major: Boston 2018, won second place losing to Cloud9.
In 2017, FaZe Clan were the champions of ELeague CS:GO Premier winning prize money of $500,000.
In 2017, FaZe Clan were the runners up in ESL Pro League Season 6.
FaZe Clan Merch
FaZe Clan also has official merchandise for fans. FaZe Clan Merch is also a source of income for FaZe Clan.
You can buy FaZe Clan official merchandise from this link.
FaZe Clan Logo
The official FaZe Clan logo was created by a freelance graphic designer called by the nickname Ferox.
The original FaZe Clan logo shows overlapping letters “F” (reversed) and “C”.
The original FaZe Clan Logo was red in white background.
How to Join FaZe Clan
FaZe Clan is one of the most popular esports clan in the world, so millions of people are looking for ways on how to join FaZe Clan.
FaZe Clan announces some contests through which you stand a chance to join FaZe Clan team.
FaZe clan usually recruits new members via a form which is made available on this page of thier website.
You need to fill the form with your details and then wait for someone from FaZe team to contact you.
There are some terms and conditions also for entering contests to join FaZe clan. You can read full terms and conditions here.
Do note: You have to be over the age of 13 to be eligible to enter.
Who Owns FaZe Clan
FaZe Clan is not owned by a single person or a company but rather a group of people.
FaZe Clan owners include:
Alexander “Adapt” Prynkiewicz
Kiari “Offset” Cephus
Thomas “Temperrr” Oliveira
Yousef “Apex” Abdelfattah
Brian “Rug” Awadis
Richard “Banks” Bengston
FaZe Clan House
FaZe Clan featured FaZe House on one of their YouTube videos which is estimated to be worth $30,000,000.
You can watch video of FaZe House here:
FaZe Clan Roster
FaZe Clan has seperate roster for players engaged on different esports competitons and teams.
Here are few FaZe Clan Rosters for you to get to know some of the players.
FaZe Clan Social Media Channels
FaZe Clan is pretty active on all major social media channels.
You can follow FaZe Clan using these social media handles.
FaZe Clan YouTube channel (where it all started) has more than 8.6 million followers and has generated billions of views.
FaZe Clan eSports Twitter Update
Frequently Asked Questions about FaZe Clan Net Worth
Who owns FaZe clan?
Its not one individual, but a group of individuals including Thomas “Temperrr” Oliveira Yousef “Apex” Abdelfattah Nordan “Rain” Shat Brian “Rug” Awadis Richard “Banks” Bengston Alexander “Adapt” Prynkiewicz Nicholas “Nickmercs” Kolcheff Kiari “Offset” Cephus Jimmy Iovine Paul “DJ Paul” Beauregard.
How is FaZe clan so rich?
FaZe clan is rich because it is one of the most followed e-sports companies in the world, and they have also raised $40 million funding at a valuation of $305 million.
Who is the highest paid FaZe member?
Currently it is “rain” with estimated earnings of $750,000 followed by “NiKo” with an estimated earnings of $670,000.
Who is the CEO of FaZe?
Current CEO of FaZe is Lee Trink.
Is RiceGum part of FaZe?
Yes RiceGum is part of FaZe.
Is Lil Yachty in FaZe?
Yes Lil Yachty is a FaZe member.
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FaZe Clan Net Worth
FaZe Clan Net Worth Summary
FaZe Clan is an esports company that participates in professional gaming tournaments. According to the number of followers on different social media channels FaZe Clan is one of the post popular esports companies in the world. FaZe Clan net worth is valued at around $40 million.
Overall
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FaZe Clan
