Pete Parsons Net Worth (Updated 2026).
Pete Parsons, born and raised in Texas, began his career in the gaming industry at a young age. After graduating from the University of Texas at Austin with a degree in computer science, he landed his first job at Epic Games in 1999. Here, he worked on titles like “Unreal Tournament” and “Gears of War,” honing his skills in game design and production.
Parsons’ big break came in 2012 when he was appointed as the president of Bungie, the renowned studio behind the “Halo” franchise. During his tenure, he oversaw the development and launch of “Destiny,” a groundbreaking online-only multiplayer first-person shooter game. The game’s success catapulted Parsons into the limelight, making him a household name in the gaming community.
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Pete Parsons’ Current Net Worth (2025)
As of 2025, Pete Parsons’ current net worth is estimated to be around $100 million, according to the latest available information.
Career
Pete Parsons is a prominent figure in the gaming industry, best known for his role as the President and CEO of Bungie, Inc. He joined Bungie in 2000 and played a pivotal role in the development of the Halo series. After Bungie’s acquisition by Microsoft, Parsons served as the Executive Producer for Halo 4 and Halo 5: Guardians. In 2016, he became the President and CEO of Bungie, overseeing the development of Destiny 2.
Other Ventures
Parsons has also ventured into philanthropy. He co-founded the Bungie Foundation in 2010, which focuses on supporting various charitable causes. Additionally, he serves on the board of directors for the Video Game History Foundation, dedicated to preserving and showcasing the history of video games.
Assets
Parsons’ assets include a significant stake in Bungie, Inc., valued at a substantial portion of his net worth. He also owns several properties, including a luxurious home in the Seattle area. His collection of vintage video games and consoles is another notable asset, reflecting his passion for gaming history.
Annual Income
Parsons’ annual income is primarily derived from his role as the President and CEO of Bungie, Inc. His salary and bonuses from this position account for the majority of his annual earnings. Additionally, he receives income from his investments and other business ventures. However, the exact figures are not publicly disclosed.
Frequently Asked Questions about Pete Parsons
**Frequently Asked Questions: Pete Parsons Net Worth**
1. What is Pete Parsons’ net worth?
Pete Parsons’ net worth is estimated to be around $50 million.
2. How did Pete Parsons make his fortune?
Pete Parsons co-founded Bungie, the game development studio behind the “Halo” series and “Destiny.” He served as the studio’s president until 2016, which significantly contributed to his wealth.
3. What is Pete Parsons’ role at Bungie?
Pete Parsons was the president of Bungie from 2000 to 2016. He co-founded the studio in 1991 and played a crucial role in its success, particularly with the “Halo” franchise.
4. What happened when Activision Blizzard acquired Bungie?
In 2000, Activision Blizzard acquired Bungie. Pete Parsons remained with the company until 2016, when Bungie regained its independence.
5. What did Pete Parsons do after leaving Bungie in 2016?
After leaving Bungie, Pete Parsons became a venture capitalist, investing in various tech and gaming startups. He also serves on several advisory boards.
6. Is Pete Parsons involved in any philanthropic work?
Yes, Pete Parsons is involved in philanthropic work. He has donated to various causes, including education and disaster relief, and has also supported initiatives focused on improving diversity and inclusion in the gaming industry.
7. What is Pete Parsons’ education background?
Pete Parsons graduated from the University of Texas at Austin with a Bachelor of Science degree in Radio-Television-Film.
8. How old is Pete Parsons?
Pete Parsons was born on August 14, 1973. As of 2023, he is 50 years old.
9. What are some of Pete Parsons’ hobbies and interests?
Pete Parsons is an avid gamer and a fan of various sports, including football and basketball. He also enjoys reading and traveling.
10. What is Pete Parsons’ stance on the gaming industry’s future?
Pete Parsons believes that the gaming industry will continue to grow and evolve, with a focus on more diverse and inclusive experiences. He also sees the potential for gaming to drive technological advancements and social change.
