Mark Merrill Net Worth
Marc Merrill Net Worth and Salary: Marc Merrill is an American businessman who has a net worth of $200 million. Marc Merrill is best known as the co-founder and co-chairman of Riot Games, Inc., a video game developer and esports event organizer. Riot Games was founded in 2006 by Merrill and his roommate Brandon Beck. Riot Games was owned by Tencent in 2011 and fully acquired in 2015. As of 2018, the company has 24 offices worldwide. The company’s flagship product, League of Legends, was released in 2009 and became the most popular game by 2013. They also run the League of Legends World Championship, Mid-Season Invitational and Championship Series. Marc Merrill and Brandon Beck were named Entrepreneur of the Year by Ernst & Young in 2011 and won the Pioneer Award at the Game Developers Choice Awards in 2014. Riot Games also developed the tabletop strategy game Mechs vs. Minions and several mini-games in 2016.
Real Estate Purchase: In 2011, Marc paid $4.445 million for a 6,500-square-foot home in Santa Monica, California. In 2014, he paid $8 million for another house in the same area. The property previously had a 10,000-square-foot mansion, which Mark and his wife Ashley demolished and replaced with a brand new mansion. Then in February 2017, Mark and Ashley bought the house next door for $9 million. The seller of the house next door bought it six months before it sold to Merrill Lynch. That’s basically a $2.7 million profit from holding the house for a few months. They have now spent a total of $17.3 million to build a 5+ acre compound. That’s not all. Merrill also owns a $13 million beach house in Malibu. Combined, Marc Merrill’s real estate portfolio alone is worth at least $35 million.
