Riot Games, the Developer of multiple successful games such as League of Legends, Valorant, Teamfight Tactics, Wild Rift, and more! These are just the most prominent games Riot has developed. Each game makes a fortune for the developer in many different ways with a high-profit margin.
In this article, we are going to cover multiple things such as LoL’s net worth, how much Riot Games make, Riot Games’ employee count, The LoL YouTube revenue, Riot Games vs Epic Games in terms of revenue, and more!
How Do Riot Games Make Money in League of Legends?
Riot’s primary source is the In-game Purchases, also known as the digital market where you can buy items, skins, and more from there. This is the main source of income for the game League of Legends, developers create new skins and fancy stuff then players buy them. A win-win for both sides.
The second source of income for LoL is the Tournaments they organize. Yes, they do spend money on organizing these tournaments but they also make money through selling tickets for those who want to watch live, also not to forget the corporate sponsorships and selling streaming rights. They definitely don’t lose money by organizing these tournaments.
Moving next, we have the Merchandise – Riot Games is associated with manufacturing clothes that fans like to wear, which is a successful thing that also brings Riot Games more money. They don’t only do that for League of Legends but for most of the games they have.
Before last, we have YouTube – Riot Games launched a very successful YouTube channel for League of Legends – However, they don’t monetize their videos or run ads but sometimes they do run sponsorships.
The last thing we have is the License, Riot Games licenses its characters and intellectual property to other companies for use in products such as toys, clothing, and books. That also brings in revenue.
Also Read: Top 10 Most Expensive League of Legends Skins and Their Value in 2023
What’s League of Legends Net Worth?
Now moving on to the main question of the topic, how much does Riot Games make out of League of Legends?
The overall net worth of Riot Games is 21 billion dollars. This is the valuation of the company. League of Legends has made Riot Games around 1.9 billion dollars in revenue (in 2022). That’s from only 1 game, which is League of Legends. If we combine all the other games Riot operates then the revenue will be higher – however, note that Riot Games make most of their money from League of Legends.
How Much Riot Games Make?
Riot Games makes approximately $2.6 million in a single day. Theoretically speaking, they make a minimum annual revenue of $936 million. However, they do invest lots of money in such things as tournaments and advertisements.
League of Legends YouTube Revenue
League of Legends has over 15 million subscribers and 7 billion views on its channel. That for sure brings money. Even though League of Legends don’t place ads on their videos, they do make money through sponsorships on their YouTube videos.
If League of Legends monetized their YouTube videos they would have an estimated earnings of $25k-40k per month – that’s around $300k-480k annually.
How Many Employees Work for Riot Games?
According to Linkedin, there are over 6000 employees currently working at Riot Games. It is true that Riot Games is one of the highest-paying gaming companies all over the world. Not surprising that such a big company decently compensates its employees.
As a Software Engineer, you would be making around $180k a year if you were working for Riot Games. As a Product Manager, the compensation rate is a little bit higher which is $190k a year. A senior Operations Manager makes $400k a year in Riot Games.
Pretty convenient salaries, right? Yeah, it is… It’s some people’s dream to get a spot in Riot Games. If you’d like to check out the rest of the salaries and positions at Riot Games, visit Glassdoor.
Riot Games is always hiring employees. If you are looking for a job then you should check out their Careers page, find the desired position and apply. Maybe you are the next Riot Games employee!
Riot Games vs. Epic Games: Who Makes More?
Basically, League of Legends vs Fortnite… Who brings the more fortune?
As of 2023, Epic Games is more profitable than Riot Games. In 2021, Epic Games’ revenue was $5.8 billion, while Riot Games’ revenue was $1.5 billion. This is largely due to the success of Epic Games’ free-to-play game Fortnite, which generated over $5 billion in revenue in 2021. Riot Games’ most popular game, League of Legends, is also free-to-play, but it generates less revenue than Fortnite through in-game purchases.
However, Riot Games is growing rapidly. In 2022, its revenue grew by 20% year-over-year. If this trend continues, Riot Games could surpass Epic Games in terms of revenue in the next few years.
In terms of net worth, Epic Games is also more valuable than Riot Games. As of 2023, Epic Games is valued at $31.5 billion, while Riot Games is valued at $26 billion. This is because Epic Games has a larger user base and a more diversified revenue stream.
Also Read: How Much do Pro League of Legends Players Make Per Year? (2022)
League of Legends vs. Valorant: Which Brings More Money?
The newly added and successful game: Valorant. It is also by Riot Games – you know how it will go when Riot Games develop an FPS game, total success.
Since the release of Valorant it has been growing rapidly, in terms of player base and also revenue. But does Valorant make Riot Games more money than League of Legends?
The answer is No… League of Legends is currently the biggest Riot Games video game. But it is very expected that Valorant will surpass League of Legends in the future as it’s one of the most growing games at the moment.
| Year | League of Legends | Valorant |
| 2021 | $1.7 billion | $700 million |
| 2022 | $1.8 billion | $1.2 billion |
| 2023 (estimated) | $1.9 billion | $1.5 billion |
Also Read: Top 10 Highest Earning eSports Players Worldwide
Final Words
We hope that you enjoyed reading our article about Riot Games, and League of Legends Net Worth. League of Legends is one successful game and so is the provider Riot Games. They managed to create a game that is played by millions all over the world and generates an average revenue of 1.9 billion yearly. Riot Games isn’t just another ordinary company but it is the place for over 6k employees.
