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There’s a Faker Tower in Seoul

The success of esports athletes is immeasurable; it may seem unthinkable that a kid playing video games can generate... Maria | 3. April 2023

The success of esports athletes is immeasurable; it may seem unthinkable that a kid playing video games can generate millions of dollars; however, it is happening nowadays. Recently, news broke that legendary LoL player Lee “Faker” Sang-hyeok has made so much money as a professional gamer that the young man now owns a building.

Faker, at the moment, could become a big businessman in the real estate sector. Currently, the player owns a building named “Faker Tower” in Seoul, so all building tenants know its owner.

Faker is one of the highest-paid esports players in the world

The South Korean gamer is one of the highest-paid sportsmen in esports. According to some reports from Faker, in 2022, he earned more than $5.8 million, equivalent to about 7.1 billion won. In addition, it was disclosed that most of his earnings go to make investments.

LeagueOfLegends LCKSpring2022 Faker 1024x576 1

Credits: LCK

Joe Marsh, who is the CEO of T1, during an interview on Yiliang “Doublelift” Peng’s program, stated that Faker could already retire. The player’s investment income is enough to live a quiet life without financial worries.

Faker Tower

Faker is a player characterized for being a modest person who does not boast about his fortune. During an interview in 2020, the young player said he only spends $170 a month because his T1 team provides him with room and board.

So now, many will wonder what he does with all the millions he has earned. According to statements made by Joe Marsh, practically all the money the player earns goes directly to an investment fund. In addition, he assures that Faker, even if he is no longer part of T1, earns a lot of money every month.

Marsh comments that Faker does not need money; the player has made solid investments in his home country of South Korea. He currently owns Faker Tower.

On the other hand, Marsh added that Faker had turned down a job offer valued at $20 million a year. However, the player did not accept the offer to stay with his team.

Location of Faker Tower

The Faker Tower is located in the neighborhood where the young player grew up, Gangseo. The Faker building has 11 floors, with several medical services and a cafeteria.

On the other hand, Faker Tower has an excellent location, as it is just a few meters from Hwagok station, specifically the purple line of the subway, or line 5.

Perhaps many fans would expect to find their favorite player in the building. However, they are not likely to see him around. But many fans approach the building to take a picture.

Header: teddy_faker | Twitter