Is FaZe Banks the owner of FaZe Clan? Explored

Exploring the current FaZe Clan ownership (Image via Instagram/FaZe Banks and X/FaZe Clan)
Exploring the current FaZe Clan ownership (Image via Instagram/FaZe Banks and X/FaZe Clan)

YouTube star and content creator Richard Bengtson, or as he is popularly known as "FaZe Banks," is synonymous with the world-renowned gaming organization. Over the past year or so, there have been some massive changes in the administrative department of the clan, and has seen some massive names get new roles.

At the time of writing, FaZe Banks is the official CEO (Chief Executive Officer) of the organization. He is also among the investors (owners) in the company. However, it's worth noting that, FaZe Clan was recently acquired by gaming analytics and esports brand company GameSquare in an all-stock deal.

While the financial details of the transaction were not officially disclosed, according to reports by Bloomberg News, the deal was worth a whopping $17 million. GameSquare will own a 55% share of FaZe Clan. The rest will be owned by current FaZe investors (minority investments).


What are the other roles in FaZe Clan? Exploring the roles of FaZe Banks, FaZe Temperrr, and more

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As previously mentioned, FaZe Clan is currently led by FaZe Banks, who was appointed CEO in October 2023. He is one of the original members of the clan. However, there are other individuals in official roles as well.

Brazilian-American YouTuber and influencer boxer Thomas "FaZe Temperrr," one of the original members and the company's first-ever CEO, is currently the president of the company.

Another one of the original members of the clan is Yousef "FaZe Apex." He joined the organization back in 2011. He too is a minority investor in the company and is currently the COO (Chief Operating Officer).

Their return to the FaZe Clan in an official capacity was announced by FaZe Banks via the GameSquare website when the merger first took place.

Here's what is official statement reads like (Transcript via Gamesquare.com):

"I'm confident that with Tommy, Apex and me back in charge of the brand, FaZe Clan will get back to where it was in its peak years. We grew up on the internet and understand this brand better than anyone ever could."

Grateful for GameSquare's involvement, he added:

"We are grateful to have found a partner in GameSquare who sees that value in us and can help execute our vision. We're going to produce first, talk later."

Who are the new content creators that have joined FaZe Clan?

Back in April 2024, FaZe Banks explained that the organization was cutting down on their existing roster of content creators and streamers. During a podcast episode with Bradley Martyn, he mentioned that the employee list was reduced from 140 to 30.

Towards the end of April and the beginning of May, FaZe Clan saw many new additions to their current streamer list. The new list of creators includes:

  • Jason "Jasontheween"
  • Max "Plaqueboymax"
  • Rico "Silky"
  • Nick "Lacy"

Among the creators who were laid off were:

  • Blaze
  • Booya
  • Cbass
  • Cizzorz
  • Faxuty
  • Flea
  • H1ghSky1
  • Kale1
  • Nate_Hill
  • Nio
  • Proze
  • Santana
  • Sway
  • Testy

The company, which was on the verge of bankruptcy at one point, has survived the tumultuous period and now appears to be a stable organization once again. FaZe Clan also employs many professional teams, including those for Call of Duty, Fortnite, EA Sports FC, PUBG, and more.

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Edited by Jito Tenson
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