Report: Epic Games worth $15 billion, plans to increase that

The company behind Fortnite and Unreal Engine was valued in the investment at $15 billion in 2018, when a group of investors bought $1.25 billion of Epic Games’ shares. This is according to Bloomberg, which cites people familiar with the matter.

Recently, Epic has held talks to raise a new round of funding which should value it significantly above the $15 billion, anonymous sources claim. Still another source  suggested that Epic is planning to raise between $500 million to $1 billion.

These arrangements, however, are not finalized, so the plans might change.

40% of Epic has been owned by Tencent Holdings since 2012. Among its minority owners are Walt Disney Co. and Endeavor Group Holdings Inc., along with Lightspeed Venture Partners.