Net Worth

Gordon Ramsay Net Worth

Published

6 months ago

Jun 1, 2025

Net Worth:	$220 Million
Age:	59
Born:	November 8, 1966
Gender:	Male
Height:	1.88 m (6 ft 2 in)
Country of Origin:	United Kingdom
Source of Wealth:	Professional Chef/TV Personality
Last Updated:	Dec 3, 2025

Table of Contents

Introduction

Gordon Ramsay is a British chef, writer, restaurateur, and television personality with an estimated net worth of $220 Million.

Earnings History

Year	Earnings
2012	$38,000,000
2013	$38,000,000
2014	$47,000,000
2015	$60,000,000
2016	$54,000,000
2017	$60,000,000
2018	$62,000,000
2019	$63,000,000
2020	$70,000,000
Totals	$492,000,000

Restaurant Empire Losses

Ramsay’s restaurant empire has experienced some financial hardship in recent years. By the end of August 2023, his company had posted a £3.4 million ($4.3 million) loss, more than triple the £1.05 million ($1.4 million) loss from the previous year. Despite a 21% rise in overall sales, reaching approximately £95.6 million ($128.8 million), his restaurant businesses also incurred £4.9 million ($6.6 million) in one-off payments.

These payments were primarily associated with opening several new UK restaurants, including Lucky Cat in Manchester, Bread Street Kitchen at Battersea Power Station, London, and a Street Pizza outlet in Edinburgh. In addition to his expansion costs, Ramsay’s team spent an additional $7.6 million on hiring 290 new staff members as part of their growth plans. Ramsay has publicly acknowledged the pressure the restaurant industry has endured since the pandemic, stating that hospitality businesses are struggling due to rising rents and a challenging economic climate.

Legal Issues & Lawsuits

Ramsay is no stranger to legal issues, with one of his oldest cases dating back to 1998, when he was head chef at the Michelin-star restaurant Aubergine in London, UK. Ramsay also oversaw L’Oranger, another fine dining restaurant under the same ownership as Aubergine, A-Z Restaurants Ltd. The relationship between Ramsay and A-Z Restaurants was becoming strained, with Ramsay accusing them of interfering with his creative control.

Eventually, A-Z attempted to remove one of Ramsay’s close associates, Marcus Wareing, from L’Oranger. As a result, Ramsay instructed his staff to close both restaurants, leaving the venues unable to operate. In response, A-Z Restaurants filed a £1 million ($1.2 million) lawsuit against Ramsay, alleging breach of contract and loss of revenue. The case was never tried and was eventually settled out of court in 2000, with the details of the agreement remaining confidential.

Kitchen Nightmares Lawsuit

In 2007, Ramsay’s growing media presence sparked controversy when his TV show Kitchen Nightmares filmed an episode at Dillon’s Indian restaurant in New York that was renamed Purnima during the show. The restaurant’s general manager, Martin Hyde, believed that he had been grossly misrepresented in the episode and that the Kitchen Nightmares producers had portrayed him in an unprofessional light.

According to Hyde, the show had been edited in a misleading way, damaging his reputation. Hyde eventually filed a lawsuit against Ramsay and the production company for $620,128. However, the case was dismissed the same year and referred to arbitration under the agreement Hyde had signed before filming, with the arbitration terms remaining undisclosed.

Oceana Grill Lawsuit

In his next publicized legal dispute, Oceana Grill, a seafood restaurant in New Orleans, filed two lawsuits against Ramsay and the producers of Kitchen Nightmares. The first incident occurred in 2011, when Oceana Grill alleged that the restaurant had been misrepresented after a staged scene in which Ramsay allegedly vomited while inspecting the kitchen and supposedly discovered a mouse.

The episode aired, and the production company of Kitchen Nightmares agreed to pay the restaurant $10,000 each time the footage was used out of context. However, Oceana Grill filed a second lawsuit in 2018 after a clip from their episode was posted on the Kitchen Nightmares Facebook page. Oceana Grill claimed this violated their 2011 settlement agreement, but the lawsuit was eventually dismissed with no further action.

The Fat Cow Lawsuit

Ramsay’s most high-profile lawsuit was in 2012, when he and his business partner, Rowen Seibel, opened The Fat Cow restaurant in Los Angeles. Ramsay had hired an outfitting company to equip the kitchen with appliances and fittings, totaling approximately $191,235. While Ramsay reportedly covered part of the cost, the outfitters later filed a lawsuit claiming that the remaining balance of $45,300 had not been paid.

Next, some Fat Cow employees launched a class-action lawsuit against Ramsay, claiming they had been denied proper meal and rest breaks and were not paid the correct amount for their overtime. Initially, liability was estimated at $439,000; however, due to the restaurant’s financial difficulties, the case was reportedly settled for approximately $140,000.

To add more fuel to the fire, in 2014, a Florida restaurant called Las Vacas Gordas, or “The Fat Cows,” issued a cease-and-desist letter to Ramsay for using a similar name for the restaurant. Rather than changing his restaurant’s name, Ramsay closed The Fat Cow in 2014, just two years after opening, most likely to save time and money on unnecessary legal issues.

Following the closure, Seibel filed a $10 million lawsuit against Ramsay, alleging that Ramsay had failed to discuss a possible rebranding of the restaurant and had denied him future profits. The legal battle lasted for ten years, eventually ending in 2022. The court found that despite Seibel’s claims, Ramsay had fulfilled his contractual obligations, and a New York judge ruled in Ramsay’s favor, awarding him $4.5 million in damages.

York & Albany Lawsuit

In the same year, Ramsay found himself in another legal battle. This time, the dispute centered on the lease of the York & Albany, a pub and hotel near Regent’s Park in London, UK. The pub was owned by Filmmaker Gary Love, and Ramsay had signed a 25-year lease in 2007 that included a personal guarantee, making him personally liable for the rent of £640,000 ($863,100) per year.

Ramsay took the case to the High Court, arguing that the document was fraudulent and his signature had been forged using a mechanical signature machine. The device, known as an “autopen,” had been used by his father-in-law and then-business partner, Christopher Hutcheson. Hutcheson was the CEO of Gordon Ramsay Holdings and had control over the company’s operations. Ramsay claimed he had no knowledge of the signed guarantee and accused Hutcheson of using the autopen without his consent.

However, Ramsay was unable to persuade the High Court of his innocence, and they rejected his claim. Although an autopen had been used, the judge ruled that Ramsay had given Hutcheson the authority to act on his behalf. The court upheld the lease guarantee, making Ramsay personally liable for the breach of contract. As a result, Ramsay was ordered to pay more than £1 million ($1.3 million) in combined legal fees and unpaid rent. The ruling came amid a very public fallout between Ramsay and his father-in-law, resulting in Mr. Hutcheson being sacked from Ramsay’s companies in the same year.

Tax Issues

In 2009, HM Revenue & Customs in the UK initiated legal proceedings against Gordon Ramsay Holdings over unpaid tax debts. Winding-up petitions were filed against four of Ramsay’s UK restaurants: Maze in Mayfair, Plane Food at Heathrow Airport, The Narrow in Limehouse, and Restaurant Gordon Ramsay in Chelsea. While the latter two restaurants had settled their debts before the court hearing, the judge granted Gordon Ramsay Holdings 14 days to clear outstanding payments for the Plane Food restaurant and 63 days for the Maze restaurant.

According to reports, these actions were attributed to short-term cash flow issues within the company. The financial strain was evident as Ramsay’s pre-tax profits plummeted from £3.05 million ($4.7 million) in 2007 to £383,325 ($516,165), a nearly 90% decline. To stabilize the business, Ramsay, his then-business partner, and his father-in-law, Chris Hutcheson, injected £5 million ($6.7 million) of personal funds into the company.

Despite this personal investment, Ramsay’s financial difficulties extended beyond the UK. In 2010, reports emerged that he owed nearly $1 million to the New York State Department of Taxation and Finance (NYSDTF), related to his restaurant Gordon Ramsay at The London. A tax warrant for $513,003 was filed against him in July of that year, followed by another in November for $419,051. Although unclear, it is likely that Ramsay addressed the liens due to his ongoing expansion plans in the US.

Business Ventures & Acquisitions

Outside of the world of restaurants, Ramsay has successfully expanded into media production. In 2021, he partnered with FOX Entertainment to launch Studio Ramsay Global, a production company dedicated to creating premium cooking and lifestyle content. The agreement granted FOX rights to Ramsay’s existing content library, including popular shows such as Gordon Ramsay’s 24 Hours to Hell and Back and Uncharted, as well as his earlier UK series.

HexClad Investment

In mid-2024, Ramsay invested in kitchenware company HexClad, with Studio Ramsay Global making a $100 million investment in the brand. By integrating HexClad products into Studio Ramsay Global programming, the kitchenware became an essential part of the show, allowing viewers to experience the brand in action. The move permitted Ramsay to tap into an entirely new consumer base, those who may never visit one of his restaurants but aspire to cook like him at home.

Restaurant Expansions

In early 2025, Ramsay announced that he would expand his restaurant empire across the United States through franchising. His casual dining restaurants, Gordon Ramsay Fish & Chips and Gordon Ramsay Street Pizza, are popular for their casual approach and affordable prices. The opening of the new restaurants will aid Ramsay’s ultimate goal of establishing 75 new restaurants in North America over the next five years. Around the same time, Ramsay merged his UK and US restaurant operations into a single global entity, partnering with private equity firm Lion Capital. The 50/50 joint venture will streamline operations and accelerate international expansion.

Real Estate

Ramsay has built an impressive property portfolio over the years, with homes in the UK and the US.

Wandsworth, Southwest London Home

In 2002, Ramsay purchased a home in the Wandsworth area of Southwest London, UK, for £2.8 million ($3.7 million). It is now estimated to be worth over £7 million ($9.4 million). The multi-level property features eight bedrooms, a vast open-plan kitchen and dining area, and a garden enclosure for the family’s pigs. It also features luxury log cabins in the garden worth £40,000 ($53,800), which provide extra living space. The house is the primary home for Ramsay, his wife, and their six children.

Bel Air, Los Angeles Home

In 2012, he purchased a property in the exclusive Bel-Air Crest community in Los Angeles for $6.75 million. Designed by architect Ken Ungar and interior designer Carol Poet, the estate mixes traditional and contemporary styles. Ramsay’s LA home has five bedrooms, six bathrooms, and a spacious, well-equipped kitchen. It features a swimming pool, a formal dining room, and multiple living areas with large windows that show clear views of the canyon, city, and ocean.

Cornwall, UK Homes

While Ramsay’s main home is in London, he also has a fondness for another part of the UK, Cornwall, situated on the south coast. He once had three houses there, and his first purchase was a home in a small town called Rock. Purchased in 2015 for £4.4 million ($5.4 million), he demolished it to build a modern waterfront mansion. The new build includes a main house and a smaller Garden House, complete with a swimming pool and panoramic views of the Camel Estuary.

In 2016, he bought Daymer Bay House in the Cornish town of Trebetherick for £4.4 million ($5.4 million). The house had six bedrooms, four bathrooms, a swimming pool, and a tennis court. In March 2021, Ramsay sold Daymer Bay House for a reported £7.5 million ($10.1 million), achieving what was then the highest recorded residential sale in Cornwall.

His third property in Cornwall was an old bank he purchased in 2017 for £1.96 million ($2.6 million). He transformed the historic structure into a four-bedroom townhouse known as Trevail House. The renovation preserved many period features while incorporating modern amenities. The property had over 2,800 square feet of living space, including en-suite bedrooms, an open-plan living area, and a private outdoor deck with views of the River Fowey. It was listed for sale in August 2020 and reportedly sold sometime after for £2.75 million ($3.7 million).

Ramsay has a real estate portfolio that reflects his business acumen and his passion for luxury. His properties accommodate his large family and his global lifestyle, allowing him to live comfortably on both sides of the Atlantic.

Philanthropy

Beyond the kitchen and TV screen, Ramsay dedicates his time to philanthropy, supporting a variety of charitable causes. Ramsay has supported Spina Bifida Hydrocephalus (SBH) Scotland since 2003, serving as the charity’s first Honorary Patron. Ramsay actively contributes to SBH Scotland’s fundraising efforts, including the annual “Great Donate” campaign, at his restaurants in Edinburgh, Scotland. During the holiday season, diners can add a voluntary donation to their bill, with all proceeds going directly to SBH Scotland. The campaigns raise substantial funds and help educate the public on the challenges faced by people living with the condition.

Make-A-Wish Foundation

Continuing his charity work, Ramsay has given his time to the Make-A-Wish Foundation since 2012, when he began granting wishes to children with critical illnesses. In recognition of his significant charitable contributions, Ramsay was honored in 2018 with the Chris Greicius Celebrity Award. This award acknowledges celebrities who have made a substantial impact on the lives of children through their support of Make-A-Wish.

Gordon and Tana Ramsay Foundation

In 2014, Ramsay and his wife established the Gordon and Tana Ramsay Foundation to provide support to one of the UK’s most well-known children’s health institutions, Great Ormond Street Hospital (GOSH) in London. The foundation helps seriously ill children receive life-changing treatment and care. It’s unclear just how much Ramsay’s foundation has given to the hospital in total over the years. However, individual fundraising events have raised significant amounts. For example, in 2018, a JustGiving campaign raised over £158,000 ($213,000).

In 2022, during the opening week of Ramsay Fish & Chips at ICON Park in Orlando, Florida, more than $175,000 was raised through various activities and donated to Great Ormond Street Hospital (GOSH) and other similar charities.

What do you think about Gordon Ramsay’s net worth? Leave a comment below.

NBA Players

Ja Morant Net Worth

Ja Morant has earned a fortune in a very short time and became a seriously wealthy basketball player while still in his early 20s.

Published

4 days ago

Nov 30, 2025

John Mulder

Net Worth:	$80 Million
Age:	26
Born:	August 10, 1999
Gender:	Male
Height:	1.88m (6 ft 2 in)
Country of Origin:	United States of America
Source of Wealth:	Professional NBA Player
Last Updated:	Dec 3, 2025

Table of Contents

Introduction

Ja Morant is a professional NBA player for the Memphis Grizzlies with an estimated net worth of $80 Million.

Quick Facts

Projected to earn $39.4 million in salary for the 2025/26 season
Lifetime earnings total $149.8 million from salary
Signed a 5-year, $197.2 million contract with the Memphis Grizzlies in 2023
Purchased a $1.3 million home for his parents in 2019

Net Worth History

Here’s a breakdown of Ja Morant’s annual net worth:

2018 – $15 Million
2019 – $40 Million
2020 – $71 Million
2021 – $76 Million
2022 – $80 Million
2023 – $80 Million

NBA Salary

Year	Team	Salary
2019/20	Memphis Grizzlies	$8,730,240
2020/21	Memphis Grizzlies	$9,166,800
2021/22	Memphis Grizzlies	$9,603,360
2022/23	Memphis Grizzlies	$9,603,360
2023/24	Memphis Grizzlies	$34,005,250
Total Career Earnings:		$71,109,010

In 2019, Ja Morant signed a four-year, $39.6 million rookie contract with the Memphis Grizzlies. For his first season in the league, Morant earned $8.7 million, but by the end of the contract, he was earning $12.1 million per year.

Once the contract was up, Morant secured a lucrative five-year, $197.2 million extension with the team, which is currently the 22nd-highest-value active contract in the NBA. This deal commenced in the 2023/24 season, earning Ja approximately $34 million that year. Thus far, including this season, Morant has earned $110.2 million under the deal, bringing his career earnings to $149.8 million after just seven NBA seasons.

After the 2025/26 season concludes, Ja Morant will still have two years remaining on the contract, which are projected to earn him an additional $87 million, bringing his lifetime salary to $236.9 million by the end of the 2027/28 season.

Endorsement Deals

It really didn’t take long for Ja Morant to begin earning impressive stacks of cash off the court. His newfound stardom on the Grizzlies roster has secured him several lucrative partnerships with brands such as Beats by Dre, Bodyarmor, Hulu, Nike, Powerade, and PSD. The financial details behind these endorsements are incredibly speculative, but here are the most notable deals that the athlete has struck.

Nike Contract

Morant was signed by Nike right off the bat ahead of his rookie NBA season in 2019. New athletes typically earn low six-figure sums when first signing with Nike in their rookie years. However, by 2022, Ja Morant had already launched his first signature shoe with the company. The ‘JA’ basketball shoe is now on its third iteration and has been released in several colorways.

What’s interesting about this deal is that multiple sources are reporting Ja’s Nike income at $12 million per year. They also state that he began earning this figure in 2019, which is unheard of for a rookie. This $12 million number keeps popping up, but we were unable to verify the original source. Some outlets list the agreement as a multi-year deal worth $12 million overall, which is more likely.

Powerade Endorsement

Ja Morant became the face of Powerade in 2023, and the brand began putting together an ad campaign coined “What 50% More Means.” Powerade was preparing to pump $10 million into the campaign and radio and National television advertisements. Still, just days after the announcement, Morant hosted an Instagram Live video on his personal account, where he was seen pulling out a gun at a party.

As a result, Powerade pulled the campaign, but didn’t sever their partnership with the athlete. The NBA later fined Morant $75,000 for the incident, and he gave a public statement claiming that it was his Second Amendment right to bear arms.

In a similar scenario to his Nike contract, multiple reports suggest that the Powerade endorsement was either worth $10 million per year or $10 million overall. In either case, we were unable to verify these figures ourselves, but $10 million per year is highly unlikely for such a contract.

Real Estate

In August 2019, Ja Morant bought his parents an 8,987-square-foot, six-bedroom home in Eads, Tennessee, for $1.33 million. The property sits on 7.4 acres and features a home cinema room and games room. Based on recent estimates, the home’s current value is roughly $2.1 million.

According to reports and public records, in August 2022, Ja Morant paid $3.05 million for a 12,862-square-foot, seven-bedroom, eleven-bathroom mansion located close to his parents’ home in Eads. This property spans 6.45 acres and features amenities such as a home theater, games room, sauna, outdoor pool, and barbecue area. Recent estimates place the property’s current value at roughly $3.33 million, with annual property taxes of $29,000.

Expenditure

Ja recently paid $350,000 for a brand-new Aston Martin Vantage and also has a $1 million Rolls-Royce Dawn. He has a Mercedes-Benz A-Class, a Porsche Cayenne, and a Ferrari Roma locked away as well, so he’s not short of cars to choose from.

Summary

Ja Morant is a promising, extremely skilled basketball player who has made a strong impact on the professional scene early in his career.

Overall, Morant’s career so far can inspire and provide valuable lessons for any player looking to enter professional sports. After he was named the Ohio Valley Conference Player of the Year in both 2018 and 2019 and then drafted by the Memphis Grizzlies, he hasn’t put a foot wrong.

His fans are looking forward to watching him develop into a mature player who will continue to provide entertaining basketball throughout the remainder of his career.

Net Worth

Nick Mercs Net Worth

Published

1 week ago

Nov 27, 2025

Dan Western

Net Worth:	$12 Million
Age:	35
Born:	November 21, 1990
Gender:	Male
Height:	1.80 m (5 ft 11 in)
Country of Origin:	United States of America
Source of Wealth:	YouTuber
Last Updated:	Dec 3, 2025

Table of Contents

Introduction

Nick Mercs is an American professional Twitch streamer, YouTuber, and former eSports competitor with an estimated net worth of $12 Million.

Quick Facts

Earned an estimated $55-$60 million between 2021 and 2025
Peak annual income of approximately $15 million in 2022
Signed a one-year, $10 million contract with Kick in 2023
Earns between $2.5 million and $3 million per year from brand deals
Sponsors include brands such as Beats by Dre, Under Armour, and UFC

Net Worth History

When we first began tracking Nick Mercs’ net worth in 2021, it was estimated to be roughly $4 million. However, at the time, the gamer had only just begun to blow up on YouTube, thanks to the perfectly timed release of Call of Duty: Warzone amid the 2020 lockdowns. Had these events not occurred, who’s to say what would have happened instead? Since we first published his profile, Nick has earned at least an additional $38 million, according to professional estimates and contracts.

These estimates relate to his gross earnings, not net profits, given that he has a team working with him. All things considered, the most recent estimates of his net worth sit at approximately $12 Million.

Earnings History

Since 2021, Nick Mercs has been featured on Forbes three times. That year, he earned an estimated $8 million, thanks to his rapid growth on YouTube during the 2020 lockdowns. By 2022, he was earning approximately $15 million per year from YouTube revenues, merchandising, sponsorships, and brand endorsement deals. The following year, Mercs signed a $10 million contract with the streaming platform Kick, and despite the initial pandemic-era traction slowing, the gamer has continued to adapt.

In 2025, Forbes ranked Nick Mercs 27th on its annual list of the world’s top creators, with estimated earnings of $13 million. However, we should note that the list isn’t ranked by annual income. They also use their own “entrepreneur rank” metric, along with engagement levels and follower counts, to rank the list.

This places Nick Mercs’ total earnings from all three years (2021, 2022, 2025) at an estimated $36 million. It’s pretty safe to assume he earned at least $10 million in 2023 and 2024, likely bringing his earnings over the last five years to between $55 million and $60 million.

Gaming Career

Kolcheff built his name as a Gears of War professional in 2000. He played Halo on a professional level. During this time, he has many conversations with Ninja due to trash-talking.

In 2010, he started to stream on Justin.TV. He rose to fame the following year when he created his own YouTube channel. In 2018, he teamed up with Nadeshot. His squad broke the world record for total kills in Fortnite with 54. Politics, TozSlays, MannyinCali, and JuicyMutt later broke it.

As already mentioned, he is known for his genius movements and aggressive playstyle. He has earned over $130,000 in Fortnite prizes. In 2019, he joined the FaZe Clan. Despite offers from streaming services, he would stay with Twitch. He earned around $6 million in 2019 and ranked 10th among the highest-earning gamers that year.

Mercs is known as the leader of MFAM in the gaming community. He often gives back to his community with different giveaways. Sometimes, he likes to put together the MFAM barbecue, a free event for the MFAM members and their loved ones.

In 2020, the release of Warzone, coupled with extended lockdowns, sparked a massive increase in the daily viewership of video game streams. Nick often teamed up with other gamers on his streams, such as Cloakzy, Courage JD, TimtheTatman, and Faze Swagg.

Kick Streaming Contract

In October 2023, Nick Mercs signed a one-year, $10 million contract with the streaming platform Kick. Interestingly, the contract was not exclusive, meaning Mercs was allowed to continue streaming on other platforms such as YouTube and Twitch. However, in that particular year, Kick would become his primary streaming platform. At the time, Kick was just one year old and was known as a disruptor and an often controversial alternative to traditional platforms. Nick completed the contract in full, but at the end of the term, he decided to return to Twitch, stating it was the best decision for his community.

Brand Endorsements

There’s one thing Nick Mercs has that not many other esports competitors and streamers have, and that’s previous experience and passion for sports. Mercs played football in high school, is an avid gym-goer, and often discusses his love for watching mixed martial arts and the UFC. In fact, some of the streamer’s earliest YouTube uploads are workout vlogs.

The reason we mention this is that Nick Mercs is almost a hybrid between fitness and gaming, something not many gaming streamers can relate to. As a result, he’s been able to sign lucrative endorsement deals that wouldn’t typically be offered to others in his niche. Common brand endorsements in the gaming niche include energy drinks like G-Fuel and PC hardware products.

Since blowing up on Twitch and YouTube, Mercs has signed agreements with brands such as Beats by Dre, Under Armour, and the UFC. Typically, these three brands focus on working with professional athletes, but Nick’s persona opened the door for such partnerships. In 2023, Forbes reported that Nick earned approximately $2.7 million from endorsement deals in 2022.

Net Worth

FaZe Banks Net Worth

Published

1 week ago

Nov 27, 2025

John Mulder

Net Worth:	$13 Million
Age:	34
Born:	October 18, 1991
Gender:	Male
Height:	1.88 m (6 ft 2 in)
Country of Origin:	United States of America
Source of Wealth:	Professional YouTuber
Last Updated:	Dec 3, 2025

Table of Contents

Introduction

FaZe Banks is an American YouTuber and entrepreneur with an estimated net worth of $13 Million.

YouTube Channel

Richard Bengston fell in love with video games long before he became a YouTube sensation under the name FaZe Banks. After starting his channel, BanksHasBank, in 2011, he released his first video titled “The Single Greatest SoaRing In Style.”

At this time, the majority of his content revolved around Call of Duty, and alongside FaZe Rug, he was a member of a COD team called SoaR. While he started relatively small, he eventually branched out on YouTube, adding challenges, pranks, and even vlogs to his channel. However, his gaming content is by far his most popular, and though his channel is inactive today, it is what helped him become so successful!

FaZe Clan

The FaZe Clan got its start on YouTube in 2013 as a Call of Duty sniping clan founded by CLipZ, House Cat, and Resistance. While they started off creating some of the most-viewed YouTube videos of all time, it wasn’t long before they decided to branch out.

In 2012, when the channel had gained over a million subscribers, the clan decided to enter the esports world and compete professionally. Members who left the channel began competing in various competitions, including the Call of Duty Championship, but they lacked a corporate structure.

However, along with CEO Thomas “Temperrr” Oliveira, FaZe Banks, as the COO, set about reading the first FaZe shared home in New York. In this shared home, members, including FaZe Banks, could create additional lifestyle content alongside their gaming videos. It was during this time that he officially started going by the name FaZe Banks, and he changed his YouTube handle accordingly.

The Clout House

In 2017, FaZe Banks moved from New York to Los Angeles and started a new shared home known as the Clout House. During this time, he started focusing more on vlogs alongside other house members while stepping back from his usual gaming.

Although he continued his YouTube channel after moving to L.A., he stopped uploading entirely, citing too much drama and negativity. The same year, he launched the podcast “Moms Basement” alongside Keemstar and Colossal is Crazy, which ended in 2022.

Acquired By GameSquare

Although FaZe Clan went public in 2022, the company’s time on the stock market was far from the success everyone hoped for. Shortly after listing on Nasdaq, FaZe Clan’s shares failed to stay above $1, and they were ultimately removed from the exchange. However, the founding members, consisting of FaZe Banks, FaZe Temperrr, and FaZe Apex, have recently come back swinging.

In October 2023, FaZe Clan was acquired by GameSquare in a deal initially valued at $14 million, though several reports suggest the final value was $17 million. Banks remained CEO, with Temperr as President, and Apex as the COO.

Financial Issues

In early 2025, Banks and members of FaZe Clan began promoting the MLG meme coin using promotional tactics that caused an initial surge in the market. The coin’s value rose from $3 million to $200 million in a matter of days; however, when the hype finally died down, it collapsed. This left the token worthless, and many investors accused Banks of arranging a rug pull, in which early investors profit while later investors end up with tokens worth nothing.

The controversy continued to escalate when, on July 28, 2025, a leaked private investor chat placed Banks at the center of the scandal. Surprisingly, he blamed the streamer Adin Ross for the collapse, stating that Ross’s involvement was used as exit liquidity. This means regular buyers lose out when early buyers sell their coins for a profit. Some messages showed Banks pressuring the MLG team to give him deals and over-the-counter access to tokens, suggesting his involvement went deeper than initially thought.

However, Banks continued to state that he had done nothing wrong, instead claiming that the accusations had been invented to make him look bad. Even though Banks protested his innocence, the leaked chats led fans and members of the gaming community to doubt his claims.

Banks reportedly lost over $100,000 on the project and insisted he never sold his tokens for profit. With the controversy showing no signs of slowing down, Banks announced that he was leaving FaZe Clan and stepping back from online activities.

Tfue Lawsuit

On May 20, 2019, Fortnite streamer Turner “Tfue” Tenney filed a lawsuit against FaZe Clan after alleging that his contract with them took almost 80% of his earnings. As a result of the lawsuit, Banks began issuing multiple statements defending FaZe Clan and criticizing Tfue’s account of events. Banks acknowledged the contract was flawed but insisted FaZe Clan never took the claimed 80% and instead tried to renegotiate better terms.

Three months later, on August 1, 2019, FaZe Clan filed a countersuit, accusing Tfue of hiding at least $20 million worth of earnings without sharing them with other FaZe Clan members. The suit also alleged that Tfue had taken private company documents and had interfered with FaZe Clan’s business deals while convincing other FaZe talent to leave.

Over the following year, the contract in question was leaked to the press, revealing that FaZe Clan was actually entitled to only 20% of Tfue’s earnings from his branded videos. Surprisingly, it also showed that Faze Clan wasn’t claiming any of Tfue’s streaming revenue or prize winnings as he had initially stated. Eventually, both parties agreed to settle out of court on August 26, 2020. Details of the outcome were not made public, and although Banks was not personally named in the suit, as a co-founder, he was responsible for the company’s contracts.