Roblox has over 18 million games. 67% of Roblox users are under 16. Roblox currently has 199 million monthly active users, according to estimates from RTrack. Roblox’s user base has seen significant growth over the past 18 months. (In fact, Roblox added 80 million users in 2020 alone.)
Roblox has 32.6 million daily active users. That’s up from 7 million daily active users in 2016. There are 7 million developers on the Roblox platform. Roblox had 5.7 million concurrent users during the platform’s all-time peak usage. Community developers have made over $200 million on Roblox. Roblox has over 18 million games.
Roblox is an online platform and game ... that two-thirds of all US children between the ages of nine and 12 playing games on the platform. Condos are spaces generated by users where people can talk about sex. Their virtual avatars can even get ...
Roblox, a free-to-play game popular among the under-18 crowd, now boasts 100 million active users according to a release sent out by the game’s creators. This is more than the 91 million players that Minecraft attracts per month, as reported by Microsoft back in March. The latest Fortnite numbers show just 78.3 million monthly players.
Roblox valuationYearValuation2017$1.1 billion2018$2.5 billion2020$4 billion2021$38 billionMay 4, 2022
Between these two videos coming out, Roblox released another stratospheric earnings report and their stock price surged once again. They are now a bigger company than Nintendo.
$1.92 billionIn 2021, it generated $1.92 billion in revenue which is up 108% year-over-year (YoY). In Q4, 2021, Roblox generated total revenue of $568.8 million, a jump of 83% YoY. User engagement rose 28% YoY to 10.8 billion hours, which translated to a 20% increase in quarterly bookings of $770.1 million.
– Roblox is officially more popular than Fortnite because it's not just one game, but a collection of over 50 million games, all created by its community of players. It is a virtual world where players can play games created by other players.
Roblox has overtaken Minecraft with an incredible 100 million monthly active users. Back in March, Microsoft said Minecraft had 91 million monthly players. Roblox is one of the biggest video games in the world, although it goes relatively undiscussed in the games media.
$1.9 billionRoblox released its financial results for the full year 2021, reporting a 108% increase in revenue to $1.9 billion. It's the first full year report from Roblox since its IPO in March 2021, with bookings growing 45% year-on-year to reach $2.7 billion.
The beta version of Roblox was created by co-founders David Baszucki and Erik Cassel in 2004 under the name DynaBlocks. Baszucki started testing the first demos that year. In 2005, the company changed its name to Roblox, and it officially launched on September 1, 2006.
202 millionRoblox monthly active users As of April 2021, Roblox has 202 million monthly active users, according to estimates from RTrack.
Roblox is earning its wealth by providing a massive multiplayer platform for playing games online. The overall trade (sale and purchase) of visual items on Roblox also increases net worth.
The biggest achievement of any game developing company is its user count, and as of 2019, Roblox has received around 100 Million active users. The team has been accoladed with many minor and major achievements. Nevertheless, it witnesses its horizon of prosperity.
Roblox is a home of virtual games which fulfills all sorts of interests and involves games of almost all niche, i.e., ...
The franchise has been awarded- San Mateo Country Economics’ Development Association Award of Excellence. In the broad category of Gaming and Sports, Roblox also had managed to stand out and got “San Francisco Business Times’ Tech and Innovation Award.
Evolution. David Baszucki and Erik Cassel co-established the beta version of Roblox in the year 2004 under the name DynaBlocks and initiated testing the very first demo during that year. The franchise was rebranded as Roblox in 2005 and was officially released on the 1st of September in the year 2006.
Roblox held their very first annual event called Hack Week in late 2011. This the event where developers of Roblox works on insane and fantastic ideas for new development in the company. The iOS version of Roblox was released on the 11th of December in the year 2012, and the Android version was launched on the 16th of July in the year 2014. The franchise launched its Developer Exchange Program on the 1st of October 2013, where all the franchise developers can exchange their earned Robux from their games into real currency.
It was launched in 2006 and is less than two decades old, but it has become a commonly used name and game among little kids of all age people.
So Roblox is worth more than both of those companies combined. It's also worth more than EA, which is at $37.6 billion at the time this was written. It's still behind some other big gaming giants though -- Activision is worth $71.5 billion right now, and it's also obviously well behind companies that do more than just video games, ...
What’s clear, however, is that Roblox is incredibly valuable, particularly by comparison to other video game companies. By comparison, Ubisoft's market cap is $9.6 billion at the time I'm writing this. GTA V and Red Dead Redemption publisher Take-Two Interactive's, meanwhile, is $19.5 billion. So Roblox is worth more than both of those companies combined. It's also worth more than EA, which is at $37.6 billion at the time this was written. It's still behind some other big gaming giants though -- Activision is worth $71.5 billion right now, and it's also obviously well behind companies that do more than just video games, like Microsoft and Sony. Tencent, the most valuable publicly traded company, is currently worth over $800 billion.
The most immediate answer is because Roblox is not just a game for kids, as it might appear to anyone who hasn't dipped in before.
So why is Roblox worth so much? Most likely, because investors have noticed all this and more, and believe in the direction the company's going, thus motivating them to invest in their future.
As mentioned before, Roblox going with a direct listing rather than an IPO means that it isn't suddenly getting a big influx of cash from going public. According to Harding-Rolls, this direct listing is, at least in part, about prior investors being able to exit and get a return on their initial investments.
Tencent, the most valuable publicly traded company, is currently worth over $800 billion. In November 2020, Lil Nas X performed a concert in Roblox, bringing in 30 million viewers across four performances. That's the primary indicator of a company's worth, certainly, there are some other things to know when assessing what Roblox is worth ...
What's a "direct listing"? For that matter, what's an IPO? One key point to be aware of when thinking about Roblox going public is that unlike many other gaming companies that have gone public lately, Roblox has gone public through something called a "direct listing" rather than an "initial public offering.".
His stake in the company is now worth more than $4 billion. Roblox is free to download on phones, tablets and consoles. The company generates nearly all of its revenue from the sale of its Robux currency, which can be used to purchase in-game virtual objects.
Roblox posted revenue of nearly $925 million last year, up 82% from 2019. The company also said earlier this month that it now expects sales to rise about another 60% this year to a range of $1.44 billion to $1.52 billion. No slowdown in sight for IPOs or SPACs.
Roblox had 32.6 million daily active users at the end of 2020 and the company is predicting that it will have 34.6 million to 36.4 million by the end of 2021. The majority of the company's players are kids 13 and under. But Baszucki said that the company is approaching a point where most of its players won't be tweens.
Roblox describes itself as a "metaverse" where players can make their own avatars and environments to play in, such as virtual theme parks or scuba diving. "Roblox is an amazing community where people are creating together," said Roblox CEO and co-founder David Baszucki in an interview with CNN Business Wednesday.
Roblox listed shares directly on the New York Stock Exchange as opposed to issuing new stock in an initial public offering. The NYSE had set a reference price of $45 a share for the stock.
Baszucki said he was excited about the stock market debut, adding that it is good for longer-term investors and employees in Roblox, which was founded in 2004, to take part financially in the company's success.
Baszucki, whose own Roblox user name is builderman, added that he's not overly worried about Roblox being a fad that will eventually suffer from a loss of popularity.
Unlike other players on the list, he amassed his fortune in a short period of time. Zlib has a Robux value of $66,600,822 and his RAP is R$16,433,032. Among his collectibles which are 222 in number are two highly valued limited items that must have contributed to his Robux value. These items are Dominus Empyreus and Dominus Formidulosus. He has a following of over 110,000 and 94 friends. Zlip follows 69 people on the platform.
Using the username Roblox, David Baszucki who is the co-founder of the online gaming platform is the world’s richest Roblox player. He has a Robux value of $199,916,639 and a RAP of R$53,013,563. He has been actively playing on Roblox since it was launched in 2006.
Valued at R$50,553,954, Azarth is the 8th richest Roblox player in the world. He joined Roblox on August 17th, 2012 and has a RAP of R$8,747,099. Over the years, he has climbed up the ladder on the list of top richest Roblox players. In 2020, he clinched the 8th spot, moving from the 9th position he occupied in 2019, and has retained the 8th spot in 2021. Azarth has a following of 3,124 on the platform and 45 friends. He is following just 12 people and his collectibles are 812 in number, consisting of three limited items namely, Dominus Empyreus, Dominus Frigidus, and Dominus Infernus.
Professionally known as CV10K, Scott joined Roblox on November 23rd, 2014 and has a RAP of R$12,409,875. The popular game player is valued at R$50,575,648. He is a member of the Dominus group whose items (Dominus items) are quite valuable on the Avatar marketplace on Roblox. This, obviously account for his massive Robux value. Having belonged to the Dominus group, Scott’s collection of 271 items consists of multiple limited and limited U items. They include Dominus Aureus, Dominus Empyreus, Dominus Rex, and Dominus Messor. His number of followers on the gaming platform is more than 25,000 and his friends are 137 in number. He is following 23 gamers.
While some of these players have earned their wealth from developing their own games, sales of clothing, and reselling or trading of items , quite a few have acquired a great fortune through donations from their group members. With its growing number of gamers, the list of the richest players on Roblox often changes. This is not surprising, as the biggest earners on the platform make tremendous profit out of their passion for creating games which on several occasions have outperformed their expectations. With that said, here’s a look at the top 12 biggest earners on Roblox.
Roblox went public in March 2021 and was valued at $41 billion. Baszucki is a recipient of the Award of Excellence from the San Mateo County’s Economic Development Associations, as well as the Tech & Innovation Award in Gaming and Sports from the San Fransisco Business Times.
Roblox was founded by David Baszucki and Erik Cassel in 2004 but was released on PC in September 2006.