Last Updated on 02/17/2023 by Dean
What is Faker’s net worth?
Faker‘s estimated net worth is $10 million USD.
Faker is a professional League of Legends player for T1. Faker is considered to be the best League of Legends player ever with 3 world championships and 10 total LCK titles under his belt.
How does Faker make money?
Here’s a little run-down of how Faker makes money:
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As a partner on Twitch, Faker makes money from subscribers, advertisements, and bit donations.
Considering his viewer count, Faker most likely qualifies for the 70/30 sub split. As a result, he keeps $3.50 for every tier 1 subscriber he has.
Faker also receives money from advertisements displayed on his stream. We estimate this to be around $2 per 1000 views for most streamers.
Streamers have the ability to give their viewers advertisements as often as they want. However, for the most part, advertisement income only makes up a small chunk of their monthly income.
Just like any other streamer, Faker also receives donations from fans.
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Aside from being a Twitch Streamer, Faker also has a YouTube channel with 1.55 million subscribers where highlights from his Twitch stream are posted.
On his channel, Faker gets paid by Youtube through advertisements. YouTubers in the gaming industry earn an estimated $2 – $4 per 1000 views on their videos.
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T1 Faker Salary
According to sources, Fakers annual salary with T1 is 5.8 million USD (7.1 billion South Korean won).
Faker thus makes $483k USD per month from being part of SK Telecom’s T1, a record-high salary in the esports world.
After signing the new 2022 contract with T1, Faker also became a part owner of T1 as reported by the company themselves.
Sponsorships & Brand Deals
Through T1, Faker has access to many different sponsorships. Faker gets paid by these sponsors and the organization likely takes a cut.
Some examples of Faker sponsors:
- Secret Lab
- Red Bull
Sponsorships can be a very good earner for streamers but are hard to track and estimate which is why we never include them when we estimate a streamers’ monthly earnings.
👉 Learn more about how to get sponsored on Twitch.
Faker has made a grand total of $1,342,521.14 in his career from League of Legends tournaments.
The biggest prize that Faker has won was from the 2016 World Championship where he won a total of $338k.
Currently, Faker makes an estimated $145k per year from League of Legends tournaments.
Fans can buy Faker merch from the official T1 store. Faker likely takes a small cut from any jersey sold with his name on it. Aside from that, Faker does not sell any streamer merch of his own. Any ‘Faker merch’ that you may find on sites such as Redbubble is fake and not official.
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How much do Twitch streamers make?
Interested to know how much Twitch streamers make? We’ve covered everything there is to know about the salary of Twitch streamers of every size, whether they are small creators who stream to less than 100 people or top-tier creators on the platform!
How much money does Faker make from Twitch?
Faker makes an estimated $8,440 per month from streaming on Twitch.
Here’s how this adds up:
…From Twitch subscribers
Faker has 640 average subscribers on Twitch.
Considering he makes $3.50 per tier 1 subscriber, we estimate that Faker makes at least $2,240 USD per month from subscribers on Twitch.
Source: Twitch Tracker
…From Twitch Advertisements
Faker streams to an average 3.1 million total viewers every month.
Considering a $2 CPM, we estimate that Faker makes at least $6,200 USD per month from Advertisements on Twitch.
Source: Twitch Tracker
You can expect a streamer like Faker to see anywhere from $1k to $2k per month in donations on average.
How much money does Faker make from Youtube?
Faker has on average 6.5 million monthly views on his YouTube channel.
Considering a $3 CPM, we estimate that Faker makes an estimated $19.5k USD per month from Advertisements on YouTube.
Source: We used Social Blade to calculate T1 Faker’s average monthly video views.
How much money does Faker make per month?
Here’s what we know about Fakers income:
- Faker makes an est. $8.4k per month from Twitch
- Faker makes an est. $19.5k per month from YouTube
- Faker makes an est. $12k per month from LoL tournaments
- Faker makes an est. $483k per month from his T1 salary
In total, Faker makes an estimated $522k USD per month (or $6.2 million annually) from streaming on Twitch, uploading YouTube videos, League of Legends tournaments, and being part of T1.
We don’t know how much Faker makes from sponsorships or other income sources such as merch and donations.
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How did Faker get started?
- In his childhood, Faker played different MOBA’s before moving onto League of Legends in 2011.
- At the age of 17, Faker dropped out of high school to join SK Telecom’s T1 as a mid laner in 2013.
- That same year, Faker would lead T1 to their first ever League of Legends World Championship. Later, he was named the HOT6iX Champions Summer 2013 MVP.
- In 2014, Faker and his team won the Paris All-star but failed to qualify for World Champs.
- The following year, in 2015, Faker and T1 won the 2015 World Championship.
- In 2016, Lee and his team won the LCK Spring Split, the Mid Summer Invitational AND their third World Championship.
- In 2017, Faker started streaming on Twitch.
- 2017 and 2018 were unfortunate years for Faker and T1 as they finished second in the 2017 World Champs and failed to qualify for the 2018 world championships.
- In 2019, Faker was listed in the Forbes 30 under 30.
- In 2019, SKT1 and Faker won the LCK Spring Final and the LCK Summer Final. They lost to G2 Esports in the World Championships.
- In 2020, Faker became a part owner of T1 after re-signing with them. That year, they placed first in the LCK Spring Finals.
- In 2021, Faker became the first League player to achieve 400 wins in the LCK. They placed 3rd in the World Championship that year.
- On February 18 of 2022, Faker played (and won) his 1,000th competitive game of League of Legends.
- Faker and his team won the 2022 LCK Spring Finals after defeating GenG, locking in Faker’s 10th LCK title.
How does Faker spend his money
Faker is known to be very frugal. He doesn’t like to spend money. And things he would spend money on, such as gaming or streaming peripherals, are fully provided to him by his sponsors.
Even his car, a BMW M550i, Faker didn’t buy himself. It was actually a gift from T1’s CEO Joe Marsh for Faker’s 25th birthday.
If you have to believe Faker’s fans on Reddit, he only spends $170 per month on himself, the rest is provided by his organization.
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