Envy Gaming is an American professional esports and entertainment organization, founded in 2007. In the years since, Envy Gaming has become one of the most influential organizations in the esports industry and has earned quite a reputation for its success, with many notable teams and players under its banner.
With such a vast history and history of success, it’s no surprise that Envy Gaming is worth an estimated $100 million today. In this article, we will explore the history and background of Envy Gaming and how it has become so successful.
How Much is Envy Gaming Worth
Envy Gaming is a North American esports organization that was established in 2007. With the passion of the founders, it grew from a single competitive Counter-Strike team to a renowned esports organization with multiple teams for several games such as CS:GO, Overwatch, Call of Duty, PUBG and Super Smash Bros.
Throughout the years, Envy Gaming has built an impressive track record of competitive success in many major tournaments and leagues such as Major League Gaming (MLG), World Esports Association (WESA) and ESL Pro League. In addition to dominating in past tournaments, our current rosters have continued to prove their immense competitive skill by consistently placing top-tier at DreamHack Masters and ESL One events since 2016.
As well as delivering world class teams through intense training, Envy has also created numerous other successful initiatives such as integrating on multiple platforms like Twitch TV, YouTube and our own ENVYUSTV website. Through these platforms we can emotionally transport our audiences into the great plays that have taken place or even show them how champions tick when they game! Our comprehensive understanding of how gaming culture works gives us the knowledge to provide content for viewers all over the world.
History of Envy Gaming
Envy Gaming, formerly known as Team Envy and EnvyUS, is one of the most successful esports organizations in the world. Founded in 2007, the company has gone on to acquire multiple teams and become one of the most profitable organizations in the industry. In 2020, Envy Gaming was valued at around $200 million.
Let’s take a look at the history of Envy Gaming and how they became so successful.
Founding of Envy Gaming
Envy Gaming was founded in 2007 by a group of competitive, passionate gamers. From humble beginnings, their mission was to grow the competitive gaming scene in North America. Envy Gaming began as an independent grassroots organization and quickly became the front-runner for competitive gaming leagues. Through their commitment to the growth of competitive gaming and development of new games, Envy Gaming played a key role in establishing the global esports industry.
As their organization grew, so did the number of games under Envy’s command. Starting with Counter-Strike: Global Offensive (CS:GO) and expanding into Call of Duty (CoD), Dota 2, League of Legends (LoL) and more recently PUBG, Envy Gaming has experienced success across nearly every esport game they’ve competed in. Over their 11 years as an esports brand they’ve had multiple world champions and over 40 tournament victories across five different game titles.
In addition to competing professionally, they are heavily involved with content creation through Twitch streams and YouTube uploads, releasing latest news coverage and even offering “how-to” guides on both platforms to help aspiring esports players get involved with the industry at a grassroots level.
Expansion of Envy Gaming
Envy Gaming, initially known as Team Envy, is a professional esports organization based in Dallas, Texas. Founded in 2007 by Thomas “Wxrthy” Lee, the organization started as a competitive Call of Duty roster based in the United States and has since expanded to include rosters and players from all over the world.
Envy Gaming has since grown to become one of the largest and most recognizable names in the esports industry and are currently one of the top teams in League of Legends, Call Of Duty, Overwatch and Fortnite. The team is also an active participant in Counter-Strike: Global Offensive having once again become permanent fixtures within ESL Pro League’s competition structure.
The organization also runs an academy team program that gathers some of the best upcoming talent from various countries across multiple games, aiming to develop them all into full blown professional players. This program allows Envy Gaming to showcase their talents for potential future contracts with major organizations globally.
With a vision that extends beyond esports success alone and more towards lifestyle aspirations, Envy Gaming also focuses on building communities locally while strengthening international outreach through collaborations with music artists as well as different levels of media presence on multiple IP streaming platforms. As such they have recently relaunched ENVYUS Media & Lifestyle – their brand’s media hub – which now serves as an official channel for all news updates related to their various achievements across esports, original content such as podcasts & influencers’ branded competitions.
Financials
As a result of their success in the esports industry, Envy Gaming has become an incredibly valuable company. In 2018, their value was estimated at around $110 million, with their total assets surpassing $220 million.
In this section, we will take a closer look at the financials of Envy Gaming, including how much it is worth and how it has grown in recent years.
How Much is Envy Gaming Worth?
Envy Gaming is a competitive gaming and e-sports collective that owns and manages several different teams. With a sprawling website, multiple leagues, teams, apparel, and other goods and services, the competitive gaming organization’s estimated worth varies.
Due to its wide range of offerings, Envy Gaming has value from those who follow its associated teams and players and from the products it sells through its online store. Industry analyst estimates of Envy’s total net worth vary depending on their source but rank between $120 million to $160 million. That valuation was built on revenue estimates in excess of $30 million per year as well as hardware, software sponsorships, branding agreements and more than 50 live events.
The estimated net worth value is derived from a combination of revenue sources such as sponsorship deals with tech companies like Intel and Nvidia; broadcast deals with Twitch, YouTube Gaming and Facebook; prize plays; individual team performance; merchandise sales; plus digital media rights to the brand itself. This is in addition to funds received by managing teams across a variety of games in multiple global regions across PC, console & mobile platforms which all factor into NETWORTH Estimate of 120-160 Million USD.
Envy Gaming’s Revenue Streams
Envy Gaming, Inc. has been providing entertainment and esports services through its subsidiaries since its launch in 2007. With two decades of industry experience, the company’s main sources of revenue come from the Twitch live streaming service and through sponsorships for esports teams and special events. Profit margins for these services have remained consistently high over time due to the global reach of Twitch, allowing Envy Gaming to generate significant income from worldwide viewership.
The company has also generated additional revenue streams from sponsorships, where it has partnerships with various corporations such as Intel, CNBC, NIVIDIA and Coca-Cola. Such partnerships provide Envy Gaming with access to their customers’ expansive networks, enabling it to create valuable business-to-consumer relationships that result in further sponsorship opportunities.
Moreover, Envy Gaming’s strategy also consists of offering direct marketing services which include media planning and placement as well as event marketing campaigns in order to maximize visibility and reach new audiences. These studies are carried out by partnering with digital influencers that can represent its brand across a variety of channels including social media platforms such as YouTube, Twitter or Instagram.
Finally, another important source of income for Envy comes from merchandise sales where clothing items featuring the organization’s logo are made available for purchase. By doing so Envy is able expand its community by creating long time customers that can use these products on a daily basis as well generating word-of-mouth publicity as people showcase their love for the organization through their apparel.
Successes
Envy Gaming, founded in 2007, is an international esports organization based in the United States worth over $100M.
This organization has achieved success in a range of esports titles such as Counter-Strike: Global Offensive, Call of Duty, Rainbow Six Siege, and more.
This article will discuss Envy Gaming’s key successes since their inception and how much they are worth in the current market.
Major Tournaments Won by Envy Gaming
Envy Gaming has had many successes since its inception in 2007, winning several major tournaments and becoming one of the most respected teams in the esports world. The organization’s players have achieved a number of impressive victories in top-level tournaments around the world, from Counter-Strike: Global Offensive (CS:GO) to Overwatch and Call of Duty.
The team’s star Counter-Strike roster won various major tournaments across the globe, most notably the ESL Pro League Season 5 Finals and its follow-up event, ESL Pro League Season 6 Finals. Both events were held in Brazil, where Envy won grand finals over powerful opponents such as FaZe Clan and SK Gaming respectively. More recently, Envy earned first place at DreamHack Open Atlanta 2017, before taking first place at DreamHack Montreal 2018 against none other than rival Team Liquid in a smashing 3-0 win.
In Overwatch, Envy claimed victory at OGN Apex Season 1 against Rogue before becoming back to back champions at Contenders North America Seasons 0 and 1. They also earned a bronze medal finish at Blizzard’s inaugural Overwatch World Cup event held in Anaheim back in 2016.
Additionally, their Call of Duty lineup has won two major championships—the 2017 CWL Dallas Open followed by a CWL 2018 Pro League Stage 2 Finals win against Luminosity Gaming—as well as numerous top placements throughout their professional careers. With titles like these under their belt and an ambitious ownership that continues to invest into their players for success both on and off the stage, Envy is now established as one of the leading esports teams worldwide.
Awards Won by Envy Gaming
Envy Gaming is an organization that has been committed to producing top quality professional gamers since 2007. Their history and success are famed in the gaming community, as they have won many awards for their efforts. Over the past thirteen years, their players have been able to take home over 140 global championships across all their games. This level of dominance in esports is undeniable, as evidenced by the number of tournaments they won and continue to win.
Among their numerous trophies are almost 60 Major Championships, while they have also won several other awards such as:
- ESL One Cologne 2019 (CS:GO)
- Intel Grand Slam Season 1 (CS:GO)
- Call of Duty World League Championships 2018 (CoD)
- G-League 2017 2017(StarCraft II)
- Heroes of the Storm Global Championship 2016 (Heroes of the Storm)
- Major League Gaming X Games Aspen Invitational 2016 (Halo 5: Guardians)
- Evolution Championship Series 2015 (Ultra Street Fighter IV)
- Counter Pit Season 2 2015 (CS:GO).
In addition to these major awards, Envy Gaming has also had a powerful impact on numerous smaller tournaments like DreamHack Valencia 2015 or DreamHack Tours 2016. They have also earned titles from ESL Pro League Seasons 4 through 11 and ESL One New York 2016 for CS:GO. As one of the most successful esports organizations in history, Envy Gaming has made a lasting impression in competitive gaming that will likely remain for years to come.
Conclusion
Taking a look at Envy Gaming’s past and present, it is evident that the company has seen success in recent years and is worth a considerable amount. Through strategic collaborations, investments and partnerships, Envy Gaming has allowed itself to become a premier and well-respected organization in the Esports world.
In conclusion, the total net worth of Envy Gaming is estimated to be around $35 million.
