Who Owns Roblox
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Since its inception in 2004, Roblox Corporation has become one of the world’s most popular online platforms for video game creation, with over 60 million players reported to be active on the platform every month. But who owns Roblox Corporation?
The answer is David Baszucki, the company’s co-founder and CEO. Baszucki made his name in the early days of personal computing, creating educational programming environments like Interactive Physics before going on to launch Roblox in 2004. Since then, Baszucki has built the company up to become a major force in the gaming world, with a billion-dollar valuation and a reported net worth of $2 billion.
Baszucki owns the majority of Roblox’s common stock, but the company is also backed by venture capitalists, including Andreessen Horowitz, First Round Capital, and Index Ventures. Roblox also raised $150 million in funding back in 2016, with a number of other investors buying stakes in the company.
In 2018, Roblox Corporation went public and began trading on the NYSE. The company reported a market cap of roughly $34.5 billion, giving Baszucki an increased stake in the business and an estimated net worth of $7.2 billion. As such, Baszucki is now one of the richest people in the gaming world.
Roblox Corporation’s success could be attributed to Baszucki’s leadership, and the company’s impressive growth over the years is a testament to Baszucki’s vision. As such, it’s no surprise that he is the sole owner of Roblox Corporation.