Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event. 


Richard Garriott made lots of money creating the hit Ultima series of fantasy role-playing games. He’s made some more from a flop — almost enough to cover the cost of a recent ride into space.

In 2007, following in the footsteps of his father, Garriott became an astronaut, spending $30 million to get a ride into space on a commercial Space Adventures rocket.

In the meantime, the online game that he spent six years making, Tabula Rasa, bombed in the market. His employer, NCSoft, fired him. Then it forced him to sell off his stock within 90 days, rather than allowing him to do so over 10 years. His contract required that he be allowed to sell stock over a longer period of time in case he were fired. Garriott asked for a $47 million award, but a jury awarded him $28 million after finding in his favor.

Event

The 2nd Annual GamesBeat and Facebook Gaming Summit and GamesBeat: Into the Metaverse 2

January 25 – 27, 2022

Learn More

If the jury award holds up, Garriott may recoup almost all of the cost of his space trip.

Garriott has since started a new Facebook games company.

GamesBeat

GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. How will you do that? Membership includes access to:
  • Newsletters, such as DeanBeat
  • The wonderful, educational, and fun speakers at our events
  • Networking opportunities
  • Special members-only interviews, chats, and "open office" events with GamesBeat staff
  • Chatting with community members, GamesBeat staff, and other guests in our Discord
  • And maybe even a fun prize or two
  • Introductions to like-minded parties
Become a member