This is the life of the billionaire who owns Free Fire
Football teams, e-commerce companies and partnerships with great football players are just the beginning of everything.
Undoubtedly one of the most downloaded games that has one of the largest communities currently in Brazil is Free Fire, the game has taken over all the cell phones of young people around the country and currently there are very few people who do not know what this is Battle Royale, however what few people know and know is its owner Forrest Li, who was responsible for creating the game for smarthphones and who is currently a billionaire.
Do you want to know a little more about him? So just follow the article that we will show!
This text is a transcript of the channel Uma Curiosity , whose video can be seen right at the end of this text.
This is the life of the billionaire Free Fire owner
Forrest Li, 43, was one of the creators of Garena, which is not only the developer of Free Fire but also provides services to several other companies in the field of e-Sports, ecommerce and digital finance applications, however the game was undoubtedly the greatest success of the company, this is represented by the increase in the company's revenue, which in 2019 exceeded 3 billion dollars, more than 15 billion reais.
See also: Who created Free Fire? Meet the owner of Garena!
Who is Forrest Li?
This great businessman and billionaire, is born in China and currently lives in Singapore and throughout his career
has the creation of several very successful companies that you may have seen, like Shopee for example.
Forrest Li received an engineering degree and an MBA. Throughout his study period, he always liked games and, when he wasn't studying, he used his time playing games.
After completing his degree, he worked for Motorola while taking an MBA.
Billionaire due to a game
As stated earlier, Forrest Li became a billionaire in large part because of his great success with Free Fire entering a select list.
In fact, he was the second person to achieve that milestone, following the path of Tim Sweeney, who was the founder of the famous game developer Epic Games, creator of Fortnite, one of Free Fire's direct competitors.
Forrest Li's fortune, the "owner of Garena"
You may already be curious to know, after all how many billions does Forrest Li have and the value will probably get you
impress!
According to Forbes, the fortune currently stands at $ 7.9 million, approximately $ 40 billion. With this gigantic fortune he entered the list of wealthiest people in Singapore, a country known for having several billionaires in its territory. This happened after putting his company, Garena, on the New York Stock Exchange.
The project that made this man one of the richest in the world started as a simple game produced by 111dots Studio , currently the game belongs to Garena and as we speak, Forrest Li owns 14% of that company.
This percentage was highly valued during the pandemic, because according to him during this period he is working every day of the week so that his company can meet the demand of the players.
Millionaire companies other than Free Fire
As we talked about earlier, Forrest Li also owns some other companies within the technology business and
also out of it as we will show here.
SEA LTD
SEA LTD is the company responsible for all others, as the mother of all other Forrest Li creations, including Garena, Shopee and several others.
Only in the year 2020, while many people turned their eyes to Apple and Amazon, several other tech giants, Sea LTD has become one of the fastest growing with an 880% appreciation in recent months.
Shopee
While browsing your social networks you have probably seen some ads from that store. Shopee started operating here in Brazil in 2019 and works as Aliexpress.
The company was very successful in China where it was created and even has Cristiano Ronaldo as one of its main promoters, hired by the owner of Garena, who is a big fan of football !
Lion City Sailors
And if you are a fan type who knows everything about your favorite game and the company that develops it,
Garena, here's a curiosity that you probably had no idea!
Garena owns a football team in Singapore, known as Lion City Sailors. Although not as well known, it is another investment by the owner of Garena and its companies in a completely different business
Garena's new games?
The company's CEO is always keeping an eye on everything he can "pump" on the Internet and, according to him, is working seven days a week during this period to meet all demands.
What few people know is that the focus is not just Free Fire, which is already a huge success, but Forrest Li, the owner of Garena, is looking to bring new games to both Brazil and all other countries in that your
company operates.
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