Rank #834
Tim Sweeney
Net worth $5.1B
Video games · United States
- Born
- Dec 13, 1970
- Age
- 55
- Source
- Video games
- Residence
- Cary, North Carolina
- Citizenship
- United States
- Marital status
- Children
- 0
- Education
- Bachelor of Arts/Science, University of Maryland, College Park
Net worth over time
Biography
- Tim Sweeney is cofounder and CEO of Epic Games, the developer behind Fortnite, one of the world's most popular video games.
- Epic raised $2 billion in 2022 from Sony and the family office of the clan behind Lego in a funding round that valued the company at $31.5 billion.
- In 2024, Epic raised $1.5 billion from Disney in a funding round that valued the company at $22.5 billion.
- Epic had been battling Apple in court over app store fees since 2020, when Sweeney conceded defeat in 2024 in what he called "a sad outcome for all developers."
- Epic Games paid $520 million to settle FTC allegations of privacy violations and unwanted charges in 2022.
- The company is the creator of the Unreal Engine, one of the most used game development tool kits for other studios.
- Sweeney is an active land conservationist in North Carolina, where he has purchased about 60,000 acres of forest land to keep it from being developed.
- In 2021, Sweeney pledged 7,500 acres in North Carolina's Roan Highlands to the Southern Appalachian Highlands Conservancy.