Sep 28 2017 - 8:12 pm

PUBG developer Bluehole reportedly valued at $4.6 billion

PUBG's meteoric rise has done wonders for its developers.
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Image via Bluehole, Inc.

PlayerUnknown's Battlegrounds' successes have been well-documented throughout 2017.

The early access battle royale title has become the most popular game on Steam, sold well over 10 million copies, and started a phenomenon on Twitch. Now, we can put a number to that success to see what it has done for the game's developer, Bluehole.

The South Korea-based developer's value has increased five-fold in just three months, up to over $4.6 billion (5.2 trillion Won), according to a report by Bloomberg.

The report states that Bluehole founder Chang Byung-gyu owns 20 percent of the company, effectively making him a billionaire, "at least on paper."

RELATED: PUBG has reached a new high of over 1.5 million concurrent players

PUBG's success has been stellar thus far, but Bluehole and the game both look to grow even further by the end of 2017 and beyond, as the game is yet to be fully released. More importantly, though, it will also becoming to the Xbox One, reaching a wider audience than before.

At the forefront of the game's success has been Brendan "PlayerUnknown" Greene, who developed the battle royale mode for games like ArmA 3 and H1Z1: King of the Kill before joining forces with Bluehole.

Both Greene and Bluehole have clearly benefited greatly from the marriage.

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