Overview

Richard Bengston, most famously known as FaZe Banks, is an American social media personality, YouTube star, music producer, composer, songwriter, and gaming entrepreneur. He rose to prominence as one of the founders and co-owners of the esports organization, FaZe Clan. Before FaZe Clan, he was the leader of the Call of Duty team SoaR. He began streaming Call of Duty and other games on YouTube, which helped him amass many subscribers. He is also known for his comical vlogs, comedy sketches, and gaming videos on his YouTube channel. As of January 2025, his net worth is estimated to be around $13 million, earned through his YouTube career and his role in FaZe Clan. He also co-hosts a podcast with Keemstar and Colossal is Crazy called Mom’s Basement.

FaZe Clan

Co-owner & Founder

What Is FaZe Banks’ Net Worth?

As of 2025, FaZe Banks, whose real name is Richard Bengtson, has accumulated a net worth of approximately $13 million. This valuation is primarily derived from his career as a prominent YouTuber, his role as a gaming entrepreneur, and his former position as the Chief Operating Officer (COO) of FaZe Clan, a leading gaming organization. His financial success also stems from various ventures, including content creation, music production, and brand partnerships.

Early Life and Career Beginnings

Richard Bengtson was born on October 18, 1991, in Lawrence, Massachusetts. When he was seven, his family relocated to Lowell, Florida. Growing up, he was introduced to video games by his father, who bought him a Nintendo 64 on its release day and taught him how to play “Super Mario 64.” Banks graduated from Lowell High School in 2010 and his early life experiences with gaming laid the foundation for his future career.

In September 2011, Banks launched his YouTube channel under the name “BanksHasBank,” which he later modified. On October 5, 2011, he uploaded his inaugural video, “The Single Greatest SoaRing In Style,” marking the beginning of his online content creation career. Initially, his content focused primarily on “Call of Duty” gameplay, and he built a following by posting short clips and engaging with the gaming community. Over time, his content evolved to include pranks, challenges, reaction videos, and lifestyle-related content.

FaZe Banks’ early YouTube endeavors proved successful as he reached one million subscribers in November 2016. The growth continued exponentially, and by August 2017, he surpassed two million subscribers. Within two weeks, he hit three million subscribers, eventually reaching four million in November 2017. Simultaneously, he expanded his presence on other social media platforms, garnering three million followers on Instagram under the username @Banks and nearly three million followers on Twitter (now X). In August 2017, his channel exceeded 100 million views, increasing to 300 million views a year later. As of 2025, the channel hosts over 5 million subscribers and more than 411 million views.

His most popular video, “Reacting To My Girlfriend’s Vines,” has amassed over 16 million views, indicating the appeal of his diverse content strategy. Although specific details regarding his early earnings from YouTube are not publicly available, it can be inferred that his increasing subscriber count and viewership significantly contributed to his growing income during this period.

FaZe Clan and Entrepreneurial Ventures

Before establishing FaZe Clan in 2013, FaZe Banks led SoaR. His transition from SoaR to FaZe Clan marked a pivotal moment in his career, shifting his focus towards building a more extensive and influential gaming organization. As a co-founder and COO of FaZe Clan, FaZe Banks played a crucial role in shaping the organization’s direction and brand. He served as COO until 2022. Although he stepped down from the COO position, he remains active within the organization. Under his leadership, FaZe Clan expanded its presence in various competitive gaming titles, including “Fortnite,” “Overwatch,” and other popular games. This expansion facilitated the recruitment of talented players and content creators, further enhancing FaZe Clan’s reputation and reach within the gaming community.

FaZe Clan’s popularity also extended to the celebrity sphere, attracting endorsements and collaborations with artists such as Lil Yachty, Offset, and Post Malone. These collaborations increased the organization’s mainstream appeal and provided additional revenue streams through merchandise sales, sponsored content, and promotional events. The details of these specific endorsement deals and revenue figures have not been publicly disclosed. Banks’ compensation as the COO of FaZe Clan likely included a base salary, performance-based bonuses, and equity in the company. Financial reports from FaZe Clan provide some insights into the organization’s overall financial performance; however, the compensation details for individual executives, including FaZe Banks, are not always explicitly stated.

In addition to his work with FaZe Clan, Banks has also pursued opportunities in music production. In 2017, he released his first single, “The FaZe Banks Songs,” indicating his interest in diversifying his creative output and exploring opportunities in the music industry. While the commercial success and revenue generated from his music career are not extensively documented, this venture represents another avenue through which he has sought to expand his brand and income streams.

Content and Revenue Diversification

FaZe Banks’ net worth is significantly influenced by his diversified content strategy across various platforms. Beyond YouTube, he has cultivated a substantial following on platforms like Instagram and X (formerly Twitter), where he engages with his audience and promotes his brand. With three million followers on Instagram and nearly three million followers on X, he has access to a large and engaged audience, making him an attractive partner for brands seeking to promote their products or services.

His YouTube channel features a diverse array of content beyond gaming, including pranks, challenges, and reaction videos. The expansion into lifestyle-related content has broadened his appeal and attracted a wider audience. For instance, his most popular video, “Reacting To My Girlfriend’s Vines,” has amassed over 16 million views, highlighting the potential for non-gaming content to generate significant viewership and revenue. He also calls himself an “internet gangster” and is a composer and songwriter.

While specific details about his earnings from brand partnerships and sponsored content are not always publicly disclosed, it is common for social media influencers with large followings to secure lucrative deals with brands in various industries. These deals can include sponsored posts, product endorsements, and participation in marketing campaigns. The revenue generated from these partnerships can contribute significantly to an influencer’s overall income.

The value of FaZe Banks’ YouTube channel can be estimated based on factors such as subscriber count, average views per video, and engagement rates. Channels with millions of subscribers and high view counts can generate substantial revenue through advertising, merchandise sales, and other monetization methods. While the precise details of his YouTube earnings are not publicly available, it is reasonable to assume that his channel contributes a significant portion of his overall income.

Personal Life and Public Image

FaZe Banks’ personal life has also garnered attention, with his relationship with Instagram personality Alissa Violet being a notable aspect of his public image. Their relationship began in 2017 and lasted for two years. While together, the pair were involved in an incident at a bar in Cleveland in 2017, resulting in media attention. Such public incidents, while not directly impacting his net worth, influence his brand and public perception, which in turn can affect his business opportunities and partnerships.

He has spoken openly about his mental health struggles, fostering a connection with his audience and demonstrating authenticity. He has also encouraged his viewers to prioritize their physical and mental well-being. His willingness to discuss personal challenges has resonated with his audience, enhancing his credibility and reinforcing his brand as an influencer who values authenticity and personal growth.

The tattoo “68” on his arm holds personal significance, stemming from a moment when he and his then-girlfriend, Alissa Violet, simultaneously said the number when asked to pick a number between zero and 100. This anecdote offers insight into his personal life. Although he mentioned struggling with Adderall use, he clarified that he never actually had an addiction but had experimented with it in the past. This openness about personal struggles has been a recurring theme in his public persona, influencing his connection with his audience and reinforcing his image as an authentic and relatable influencer.

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