The ‘Fortnite’ game is on a path towards generating $2 Billion this year. Because of that, Epic Games will reportedly be worth $5 to 8 billion. The gaming phenomenon, Fortnite, has reportedly made over $1 billion from in-game purchases according to market research firm SuperData Research. The report shows that Fortnite’s overall popularity continues to
The gaming phenomenon, Fortnite, has reportedly made over $1 billion from in-game purchases according to market research firm SuperData Research. The report shows that Fortnite’s overall popularity continues to trend upward as well. This information surfaces not long after Sensor Tower reported that Fortnite made over $100 million on in-app purchases on its iOS platform.
Amazon CEO Jeff Bezos is now the richest man in modern day history. According to Bloomberg, Bezos has a net worth of $150 billion ($55 billion more than Bill Gates). In fact, he is worth more than Gates and Larry Page (Google co-founder) combined. Bezos owns 16% of Amazon’s shares (some of which he sold).
Merck Mercuriadis started his own music IP investment company called Hipgnosis Songs, and the first person he signed was multi-talented entertainer The-Dream. The deal allows Hipgnosis to acquire 75% of The-Dream’s catalog for $23 million. Some of the songs in The-Dreams catalog, which he will retain 25% of, includes co-writing credits on Justin Bieber’s “Baby,”
According to Bloomberg, Instagram is estimated to be worth over $100 billion. Facebook was purchased in 2012 and reached 1 billion active users per month. Bloomberg noted that Instagram is gaining new users faster than the main Facebook site, and is expected to get over two billion users in the next five years. It was
In a landmark decision, Canada has legalized recreational marijuana becoming the second country to make the decision after Uruguay back in December 2013 and the first of the G7 nations. The Cannabis Act passed with a vote of 52-29 on Tuesday with the bill gives the Canadian government control over the cultivation, distribution, and selling
The International House of Pancakes is changing their name. IHOP, which has been a staple in breakfast foods for 60 years, took to Twitter to announce that they will be changing their name. In a tweet, IHOP wrote, “For 60 pancakin’ years, we’ve been IHOP. Now, we’re flippin’ our name to IHOb. Find out what
According to reports, Beyonce recently purchased a rather large church in New Orleans. The church is said to be about 7,500 square feet. Although it is unclear how much she actually paid, the facility was listed at $850,000. The church was reportedly built in the early 1900s. It has not been in use in recent
What seems to be the transition of choice for many of the world’s celebrity elite, Pharrell Williams is the next to get involved in gastronomy. As reported in the South Florida Business Journal, Pharrell’s Swan and Bar Bevy has been established in collaboration with nightclub mogul, David Grutman. Set to open amongst the bustle of
Warren Buffett recently got back to belittling bitcoin and the other cryptocurrencies that have come along since he first bashed the digital asset pool four years ago. During an interview he granted CNBC on Saturday, May 5, Buffett used harsher language than he usually does to speak to the value he sees coins having –
