Epic Games is now worth $8 billion, all thanks to Fortnite

Fortnite is the current money printer in the gaming industry. This Battle Royale title is currently raking in $2 million per day in mobile in-game transactions, while the PC, PlayStation 4, and Xbox One versions are also bringing in equally large amounts of money. The latest, the developer of this game is Epic Games, which is priced from $5 billion to $8 billion thanks to the success of this online game.

This news has been confirmed by the Bloomberg Billionaires Index, a measure of wealth that was not only boosted by Fortnite, but also because Chinese tech giant Tencent bought a large share of the company’s shares many years ago. , which helps push prices up. Tencent previously bought a 40% stake in Epic in 2012 for $330 million when the company as a whole was worth $825 million. As a result, Epic games increased the company value by seven billion dollars in six years.

For those who aren’t familiar with current gaming trends and are wondering how Fortnite has helped Epic Games become one of the most valuable companies today. Fortnite Battle Royale is a free game that attracts a lot of players of different ages. For example, it is not only popular among young people and adults, but also athletes from all over the world participate in it.

With such success, Fortnite will certainly have to contend with many other Battle Royale games. In addition to PUBG as the current main competitor, Call of Duty: Black Ops 4 is also about to launch its own Battle Royale mode called Blackout. Let’s see how Fortnite will break out in the near future.