Do Millionaires Play Video Games? Exploring the Relationship Between Wealth and Gaming

Do millionaires play video games?
The site surveyed 13,728 of its members who make six figures or more and found 54% play video games at least once per week. Those making between $100,000 US and $200,000 US played for an average of 5.2 hours per week. “”Our survey indicates that gaming is an outlet, not distraction, in a wealthy man’s life.””
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A widespread misperception holds that millionaires do not enjoy playing video games. But nothing could be further from the truth than this. In reality, playing video games helps many successful and rich people relax and decompress after a long day at work.

Felix Arvid Ulf Kjellberg, better known online as PewDiePie, is one notable instance. PewDiePie, one of the highest-paid content producers on YouTube with a net worth of over $40 million, is well-known for his humorous comments on video games. He has been a video game player since he was little and has since made a successful profession out of it.

However, how can video games bring in money for their creators? One way is through the sale of advertising space on websites like YouTube. The average cost per thousand (CPM) views on YouTube ranges from $0.50 to $10, according to Influencer Marketing Hub. Accordingly, the proprietor of a video game-related movie can make anywhere from $0.50 and $10 for every thousand views.

In-game purchases are another revenue stream for video game publishers. Skins and weaponry are just two examples of elements or components in well-known games that may be bought with real money. 2019 saw nearly $1.5 billion in income from in-game purchases alone for the mobile game Honor of Kings.

What video game has generated the greatest revenue? The most successful video game of all time as of 2021 is Minecraft, with over 200 million copies sold and an estimated $2.5 billion in sales. Grand Theft Auto V, which has made over $6 billion since its release in 2013, and Fortnite, which made $2.4 billion in revenue in 2018 alone, are two more top-grossing games.

Finally, it may be said that affluence and lack of interest in video games are unrelated. As a method to unwind and relax, many successful and wealthy people enjoy playing video games. Additionally, video games bring in millions or even billions of dollars in revenue for their creators through in-game purchases and advertising revenue.

FAQ
Correspondingly, who is richer game?

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