Who is the Biggest Owner of Faze?
Faze Holdings is a renowned video-game-influencer company that has been making waves in the gaming industry. As a company that has gained massive popularity, it’s natural to wonder who owns the majority of Faze. In this article, we will delve into the biggest owner of Faze and explore some key statistics that highlight the company’s ownership structure.
Largest Individual Faze Holdings Shareholder
According to recent reports, Nick Lewin is the largest individual Faze Holdings shareholder, owning an impressive 17.70M shares. This represents 23.19% of the company, making him a significant stakeholder in the organization. With a substantial holding like this, it’s clear that Lewin plays a vital role in shaping the company’s decisions and strategies.
Faze Holdings Share Ownership Breakdown
Here’s a breakdown of the company’s share ownership structure:
Investor | Shareholding % |
---|---|
Nick Lewin | 23.19% |
B. Riley Financial, Inc. | 10.55% |
JW Asset Management, LLC | 6.46% |
Bellecapital International Ltd. | 5.32% |
Boothbay Fund Management, Llc | 4.92% |
Vanguard Group Inc | 4.62% |
Geode Capital Management, Llc | 4.25% |
VEXMX – Vanguard Extended Market Index Fund Investor Shares | 4.03% |
BlackRock Inc | 3.85% |
Caz Investments Lp | 3.61% |
Northern Trust Corp | 3.45% |
Company Acquisitions and Funding
In addition to its share ownership structure, Faze has been involved in several acquisitions and funding rounds. The company has received investments from various institutional investors, including B. Riley Financial, Inc., JW Asset Management, LLC, and Bellecapital International Ltd.
In May 2023, Faze announced that it had received funding from Cox Enterprises and Jonathan Keidan, which has further solidified the company’s financial position.
Faze’s Revenue Streams
Faze Holdings generates revenue from various streams, including:
• Brand sponsorships: $6.26m in Q1 2023
• Content revenue: $3.00m in Q1 2023
• Esports revenue: $2.84m in Q1 2023
Total Debt
As of the latest financial reports, Faze Holdings has a total debt of $1.83M.
Conclusion
In conclusion, Nick Lewin is the largest individual Faze Holdings shareholder, owning an impressive 23.19% of the company. The company has a diverse ownership structure, with various institutional investors and individuals holding significant stakes. With a strong financial position and significant revenue streams, Faze Holdings is poised for continued growth and success in the gaming industry.
Additional Reading
If you’d like to learn more about Faze Holdings, here are some additional resources you might find useful:
- Faze Holdings’ latest financial reports
- Faze Clan’s official website
- Articles about Faze Holdings’ business and ownership structure
By understanding who the biggest owner of Faze is and exploring the company’s financial position and ownership structure, we can gain valuable insights into the gaming industry and its major players.