League of Legends is developed and published by Riot Games, which is a privately held American video game developer and esports tournament organizer. Riot Games was founded in 2006 by Brandon Beck and Marc Merrill, and it’s based in Los Angeles, California. The company is known for developing and publishing League of Legends and Valorant.
Riot Games is owned by Tencent, a Chinese multinational conglomerate holding company. Tencent acquired a majority stake in Riot Games in 2011, and by 2015, Tencent became the sole owner of the company.
Tencent is one of the largest technology companies in the world, with a diverse portfolio of businesses including social media, gaming, music, and entertainment. Tencent is also a major investor in other gaming companies such as Epic Games, Activision Blizzard, and Ubisoft.