Ted Price Net Worth

Posted by Trudie Dory on Wednesday, July 3, 2024
InformationDetails
Net Worth$300 million
SalaryN/A
BirthdateJuly 5, 1972
BirthplaceN/A
GenderMale
HeightN/A
ProfessionGame Developer, President, and CEO of Insomniac Games, Inc.
NationalityAmerican

Table of Contents

Net Worth: $300 Million

Ted Price, an American independent game developer, has amassed a net worth of $300 million. He is widely recognized as the President and CEO of Insomniac Games, Inc., a successful independent game development company that he founded in 1994.

Highlights

– Ted Price has a net worth of $300 million.

– He is the President and CEO of Insomniac Games, Inc.

– Price founded Insomniac Games in 1994.

– Insomniac Games has grown to approximately 210 employees with offices in Burbank, California, and Durham, North Carolina.

– Price holds a degree in English from Princeton University.

Early Life

Ted Price was born on July 5, 1972. Unfortunately, there is limited information available about his early life, including his birthplace and upbringing.

Career

Ted Price’s career in the gaming industry began when he founded Insomniac Games in 1994. Insomniac’s first game, Disruptor, received critical acclaim as a first-person shooter for the PlayStation in 1996. Although it was not a commercial success, the subsequent games developed by Insomniac gained significant popularity.

Some of Insomniac Games’ notable creations include the “Spyro the Dragon” series and the “Ratchet & Clank” series. The “Ratchet & Clank” games, released for the PlayStation 2 and PlayStation 3, became highly successful and received positive reviews from both critics and gamers alike.

In addition to his role as the President and CEO of Insomniac Games, Ted Price has also served as a board member and former chairman of the Academy of Interactive Arts & Sciences. He has been actively involved in defending the video game industry’s right to freedom of expression in state-level court cases since 2005.

Personal Life

Unfortunately, there is limited information available about Ted Price’s personal life. Details about his family, relationships, and personal interests are not publicly known.

Net Worth Over Time

Ted Price’s net worth has witnessed a remarkable growth trajectory over the years. Starting with the establishment of Insomniac Games in 1994, his entrepreneurial endeavors and the success of the company’s game titles have contributed to his substantial net worth.

Components of Net Worth

Ted Price’s net worth primarily comprises the financial success of Insomniac Games, Inc. As the President and CEO, he has played a pivotal role in the company’s growth, leading it to employ approximately 210 individuals across their offices in Burbank, California, and Durham, North Carolina.

Additionally, the success of Insomniac Games’ flagship franchises, including “Ratchet & Clank” and “Spyro the Dragon,” has significantly contributed to Price’s net worth. The popularity and commercial success of these games have generated substantial revenue for the company.

In conclusion, Ted Price’s net worth of $300 million largely stems from his role as the President and CEO of Insomniac Games, Inc., and the remarkable success of the company’s game titles. His contributions to the video game industry and commitment to defending its freedom of expression showcase his passion and dedication to the industry.

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