Faze Banks’ estimated net worth in 2025 is calculated to be around $13 million, according to Celebrity Net Worth. The majority of the income comes from his YouTube channel with almost five million subscribers and FaZe Clan, an esports and entertainment brand, where he used to work as the CEO.
On Friday, FaZe uploaded a statement, announcing that he is leaving the CEO role with the statement:
“I’ve never scammed anyone a day in my f–king life. The entire narrative is unfair and part of the reason it exists is cause my “FaZe” name is so easily farmed and manipulated. The fact this is affecting the guys at all, is whack. So for the time being I’m gunna be stepping away from not only FaZe, but all this internet sh-t. It’s destroying my life inside and out.”
The statement came after the MLG coin controversy that began in January 2025, after Banks and others invested in it, increasing its value before it crashed. A leaked chat showed Banks blaming Adin Ross for the downfall. Ross later admitted the leaked messages were real but said:
“The Banks screenshot is real… but MLG being rugged wasn’t me.”
After the leaked messages, Banks said he’d stream with Adin to clear the controversy, but some time later, he announced he’s stepping down from FaZe Clan and taking a break from the internet.
Faze Banks was about to stream with Adin Ross
Before announcing his resignation from the CEO position, Banks uploaded a tweet in which he told his fans that he was on a phone call with Ross, and the two are planning to do a stream together to explain everything. In a continuing statement, he added:
“This whole thing has been wildly miscommunicated and destroyed my mental the last several months. I’ve wanted to more publicly talk about this situation for a while.”
After the tweet, Faze Banks uploaded a screenshot on his Instagram profile showing a text message where someone told him he was the target of a $50,000 online smear campaign.
In the end, Faze Banks also thanked his fans for the support and assured them that he is healthy at this time.
A look at FaZe Banks’ fortune
With over 4.9 million subscribers on YouTube and above 430 million views, Banks earns a significant portion of his income through ad revenue from his content on the platform. He is known for making pranks and reaction videos.
Additionally, he has also tried his hand at music, releasing his first track, “Ricky Bobby (Remix),” in December 2017, according to Genius. Another major contributor to his fortune is FaZe Clan (formerly known as FaZe Sniping), which had a reported net worth of over $400 million in 2022.
Banks, with over 2.7 million followers on Instagram, was the CEO of the company and did sponsorships with many big brands, including McDonald’s, Nissan, and Champion. The company also makes money by selling its own merchandise.
However, after his recent resignation from the CEO position, it is unclear how actively Banks is involved in the day-to-day operations of FaZe Clan.
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Edited by IRMA
