According to Epic Games, over 350 million people played Fortnite as of January 2022, and Newzoo ranks it as the world’s second most popular core PC game.
At the current time, Epic Games’ majority shareholder is Tim Sweeney, the company’s founder, and CEO. He owns more than half of the business. Sweeney has had a majority stake in the company from its inception.
At the current time, Epic Games’ majority shareholder is Tim Sweeney, the company’s founder, and CEO. He owns more than half of the business. Sweeney has had a majority stake in the company from its inception. The most likely reason Epic Games isn’t publicly traded is that Sweeney would lose control of the company if he went public.
Epic Games’ valuation is $32 billion, according to the company’s announcement in April 2022, following a $2 billion round of funding from Sony Group Corp and KIRKBI (parent company of LEGo group), each investing S1 billion each.
Epic Games had recently reported revenue of $5.1 billion. Despite its growth, the Epic Games Store expects to be profitable only in 2025, according to public markets.
Investing in Epic Games is currently limited to companies that possess a private stake in the company.For example, you can invest in Tencent Holdings, a Chinese corporation that owns a large portion of Epic Games stock. This form of indirect investment can help get a share of EPIC game stock.
Tencent owns 40% of Epic Games, making it the most straightforward option to invest in the game. Tencent is the world’s largest video game publisher by annual revenue, with an enormous portfolio of blockbuster games such as Supercell’s Clash of Clans, Clash Royale, Arena of Valor, and Riot Games’ League of Legends.