
Tim Sweeney
$7637.7B
Cary, North Carolina, United States
Biography
Tim Sweeney is cofounder and CEO of Cary, North Carolina game developer Epic Games.
The private company is the maker of Fortnite, one of the world's most popular games, with over 400 million players.
Epic generated $5.1 billion in revenue in 2020 and raised $1 billion in an April 2021 funding round that valued the company at $28.7 billion.
Fortnite was removed from the App Store in 2020 when Epic added a direct payment system to keep Apple from collecting a portion of in-app purchases.
In September 2021, a federal judge ordered Epic to pay Apple $6 million, but also ruled that Apple had to permit links to other payment options.
Epic Games is also the creator of the Unreal Engine, one of the most used game development tool kits for other studios.