Connect with us

Sales

Epic Games’ Tim Sweeney enters Bloomberg Billionaires Index

Published

on

The CEO and founder of Epic Games, Tim Sweeney, has made his way onto Bloomberg’s Billionaires Index.

Tim Sweeney is a 48 year old American computer game programmer and the founder of Epic Games, being best known for his work on ZZT and the Unreal Engine.

On January 8th, 2019; Tim entered Bloomberg’s billionaire index at position #196 with a total net worth of $7.16B. His largest asset is Epic Games, therefore his worth is considered self-made.

The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. The figures are updated at the close of every trading day in New York. Tim’s Billionaire Profile is as follows…

The majority of Sweeney’s fortune stems from his stake in Epic Games, the video game developer he founded in 1991. The company’s valuation is based on an October 2018 transaction where a consortium of investors, including KKR and Lightspeed Venture Partners, acquired a stake at a valuation of almost $15 billion.

Following the transaction, Sweeney’s stake in the business is calculated at 44.7 percent. Before this, he was estimated to own 51 percent, based on the company’s confirmation that Sweeney was the controlling shareholder. The analysis assumes that half the investment was funded through the sale of shares by existing shareholders — primarily Sweeney — and half through the issuance of new shares.

Sweeney’s cash holdings are based on Epic shares he’s estimated to have sold in that October transaction.

Nick Chester, a spokesperson for Epic Games, said the billionaire declined to comment on his net worth.

Relative Worth

Tim Sweeney’s net worth of $7.16B can buy…

  • 5.58M troy ounces of gold
  • 121M barrels of crude oil

… and is equivalent to …

  • 0.0369% of the GDP of the United States
  • 0.146% of the total wealth of the 500 richest people in the world
  • 1.81% of the top 100 U.S. college endowments
  • 113% of the top 200 U.S. executives’ total awarded compensation
  • 0.454% of U.S. existing home sales
  • 116,584 times the median U.S. household income

While the success of Fortnite has no-doubt played a very significant role in Tim and Epic’s success, it is not the only factor.

Xbox One

How to win a Special Edition Fortnite Xbox Controller

Find out how to win a brand-new Special Edition Fortnite Xbox Controller through your skill in the Fortnite Combine.

Published

on

Find out how to win a brand-new Special Edition Fortnite Xbox Controller through your skill in the Fortnite Combine.

It seems like the initial intention of Epic’s addition of the ‘Combine’ game mode was to help fine-tune the new sensitivity settings for console players. Since then, it has taken on a life of its own with the help of the speed-running community.

Part of the reason Fortnite is so great is the number of things you can do in the game. You can play a base Fotnite match or an unlimited number of game modes in a Creative lobby.

The Combine was just the next iteration of this, and players have already started to complete the mode in under a minute.

If you’re someone who have been spending hours practicing the Combine, your skills have not gone to waste. Epic has announced a Combine giveaway with a chance to win one in ten Special Edition Fortnite Xbox One Controllers.

The giveaway is set to run now through October 11, so get in there and start practicing.

The rules for the competition are simple. All you have to do is submit a photo or video of your best time to Twitter with #FortniteCombine in the title. 

You must be at least 16 years old to win this prize, and follow the best practices of submissions – found here.

According to the rules, it appears as though Epic is going to pick random players to win the controllers. This is good news and bad news since you don’t have to be one of the fastest times to win a controller.

Special Edition Fortnite Xbox Controller

In all likelihood, though, Epic will be choosing the fastest recorded time as one of the ten winners – so it won’t hurt to try your best. 

Speedrunning entered the Fortnite world in a big way through the Cizzorz Death Runs. Players would compete for the best time to gain money and bragging rights, which eventually culminated in the Fortnite World Cup Creative finals in New York – where Cizzorz’s speedrunning team took home the trophy.

Now, some of these speedrunners who made a name for themselves have hundreds of thousands of subscribers on YouTube – all from speedrunning a Creative Mode map.

Best of luck with your Combine times!

Continue Reading

Battle Royale

Fortnite Item Shop – Sunday, August 11, 2019

Published

on

By

Here you can find the daily Fortnite Item Shop. The Item Shop brings players new cosmetic Items for use in Fortnite’s Battle Royale mode.

Included in the Item Shop are Skins, Emotes, Gliders, Pickaxes, Back Bling, and more! Items are purely cosmetic only and do not offer any sort of competitive advantage.

Feel free to Bookmark this page and check back daily to see the latest Item Shop.

Alternatively, you can turn on Tweet Notifications for @FortniteINTEL on Twitter to be notified right when the Item Shop updates.

What is your favorite Item in today’s Item Shop? Are there any Items you’re hoping return?

Featured Sales

Omen Outfit (Uncommon Outfit) – 2,000 V-Bucks

Your victory has been foretold.

 

Oracle Axe (Rare Back Bling) – 1,200 V-Bucks

Visions of victory.

 

Bubble Bomber (Rare Glider) – 1,200 V-Bucks

Candy-colored commando.

 

Bubble Popper (Rare Outfit) – 800 V-Bucks

Swing sweet.

 

Bubbly Bombs (Uncommon Pickaxe) – 300 V-Bucks

Show your style.

 

Daily Sales

Glitter (Rare Emote) – 500 V-Bucks

Show your sparkle.

 

Sugar Rush (Rare Emote) – 500 V-Bucks

Shake it till you crash.

 

Electro-fied! (Rare Music) – 200 V-Bucks

Press play and swing the night away.

 

Dynamo (Rare Outfit) – 1,200 V-Bucks

Rule the thing.

 

Commando (Uncommon Outfit) – 800 V-Bucks

Uncommon commando outfit.

 

Ice Breaker (Uncommon Pickaxe) – 500 V-Bucks

A great way to meet your fellow combatants.

Daily Sales in the Item Shop update every day, while Featured Sales sometimes persist throughout multiple days.

The Item Shop updates every day at 12:00AM UTC, here is a list of times in a few popular time zones:

  • Pacific Time: 5:00PM
  • Central Time: 7:00PM
  • Eastern Time: 8:00PM
  • Greenwich Mean Time: 1:00AM
Continue Reading

Battle Royale

Fortnite Remote Control ATK by Jazwares revealed at San Diego Comic-Con

Published

on

By

Cruise around, escape the storm, or drive your way to victory with the new ATK Vehicle and figure! This set includes a remote-controlled ATK, articulated 4″ Drift action figure, golf club accessory bag and Stop Axe harvesting tool. Decked out with lights, sounds and fits up to a squad of 4″ action figures, this ATK can bring the Fortnite experience to life!

Fortnite has partnered with Jazzwares once again to release the all-new Remote Control ATK vehicle as a part of the #FortniteIRL collection; revealed at San-Diego Comic-Con in partnership with FaZe Blaze and Bird Scooters.

You can read the full details below and take a look at the accompanying product images…

Jazwares #FortniteIRL toy line has been recognized for superb quality and innovation by retailers, collectors, consumers, and influencers alike since launching in Dec 2018. Famous for things like interchangeable faces, 40+ points of articulation in 6” figures, and a piñata llama explosion the toy manufacturer based out of Sunrise, FL changed the game at San Diego Comic-Con revealing the FIRST EVER Fortnite remote control vehicle!

The Deluxe Fortnite R/C ATK is ready to bring one of Fortnite’s most exciting vehicles to life! The ATK fits up to four 4-inch figures and features game authentic lights and sounds. The ATK comes with a 4-inch, articulated, Drift figure complete with the Stop Axe harvesting tool and a golf bag to stash it in while you roll your way to victory!

  • Item Name: RC ATK
  • Price: $39.99 USD
  • Availability: At Retail this Fall
  • Ages: 8+
  • Game-Accurate Design: The remote-controlled ATK Vehicle features game-authentic lights and sounds, and fits up to four 4-inch figures! (Additional figures sold separately)
  • 4-inch Articulated Figured:The Drift 4-inch articulated action figure is inspired by one of the most popular outfits from Epic Games’ Fortnite!
  • Accessories Included: Stop Axe and Golf Club Bag. Golf club bag can be made to hold harvesting tools safely in the back of the ATK.

Features: 

  • Remote-control ATK vehicle fits up to four 4″ action figures and features game-authentic lights and sounds.
  • The Drift 4-inch action figure has 25+ points of articulation and highly detailed decoration inspired by one of the most popular outfits from Epic Games’ Fortnite.
  • Drift is equipped with his Stop Axe harvesting tool and Golf Club Bag accessory—perfect for holding harvesting tools and weapons (sold separately).
  • Official Licensed Product.
  • More outfits are dropping soon!

Includes:

  • 10-inch ATK Vehicle
  • Remote Control
  • 4-inch Action Figure—Drift
  • Stop Axe harvesting tool
  • Golf Club Bag Accessory
  • Collector’s Guide

Do you plan to pick up the Fortnite x Jazware RC ATK? What are your thoughts on Epic’s continuous stream of Fortnite-related merchandise?

Stay tuned to @FortniteINTEL / FortniteINTEL.com for full Fortnite coverage, including news, leaks, esports, and more. If you’d like to support us, use code FortniteINTEL in the Item Shop!

Continue Reading