In the past few years, esports has been on the rise and several new organizations have entered the market with popular and wealthy faces for players, which has eventually made the esports business a booming space. And a recent Forbes report lists the most valuable esports companies of 2022.
While the esports business is challenging, organizations remain strong facing the challenges of the industry, especially the pandemic. The newest report lists the most valuable esports companies of 2022, ranking 10 organizations by their net worth. The American organization Team Solo Mid, also known as TSM (officially TSM FTX), topped the list for two consecutive years. 100 Thieves is ranked second on the list by Forbes.
The Most Valuable Esports Companies of 2022 and Their Net Worth
Below are the most valuable esports companies in 2022.
1. SCM
Founded in September 2009 by Andy “Reginald”Dean, TSM has come a long way in the esports industry. The American professional esports organization has over 10 rosters across various games including Valorant, PUBG Mobile, BGMI, Fortnite, LOL, Apex Legends, etc. FTX exchange. According to Forbes, TSM’s total cost is US$540 million.
2. 100 thieves
Founded in November 2017, 100 Thieves is an American lifestyle brand and professional gaming organization that originated in Los Angeles, America. This organization was founded by Matthew Haag, also known as Nadeschot, and is now owned by some of the big names. 100 Thieves also features various teams competing in Apex Legends, Fortnite, Valorant, and COD variants. According to Forbes, he has the highest growth of 142% year-over-year and has a total net worth of $460 million.
3. Team Liquid
Team Liquid has its own history of becoming a multi-regional professional esports organization. Founded in 2000 in the Netherlands, it is now owned by aXiomatic, a leading entertainment and sports management company. The company has about 20 teams in various eSports games. According to the Forbes list, Team Liquid is up 42% year-over-year, bringing its net worth to $440 million.
The following organizations are on the Forbes Most Valuable Esports Companies list:
4. Faze Clan – $400 million
5. Cloud 9 – $380 million
6. G2 Esports – $340 million
7. Fnatic – $260 million
8. Gen.G – $250 million
9. NRG – $240 million
10. Т1 – 220 million US dollars.