Billionaires in ESO? [Economy Question]

anitajoneb17_ESO · February 2019

code65536 wrote: »

The difference is that, in real life, that kind of money can buy you some real power and influence.

Well, some side effects are similar to real life though (not that I have that kind of money in real life unfortunately).
I stopped saying ingame how much gold I have, because of the horrendous amount of people who start being nice to me because, ultimately, they want me to buy them stuff. Or they want to sell me "skin runs". Or pay for the guild hall, or for stuff for the guild hall.
I could play around with them if I wanted to, and have "court of followers" . I happen to not want this sort of relationship with people, but, as a matter of fact, money can buy you followers, in ESO just like in real life. Players are people after all.
You may not notice this because you're a VIP anyway (because of your addons), but I do...

myskyrim26 · February 2019

RobDaCool wrote: »

I have around 6K gold, so I guess you're not talking about me? lol

I thought I'm the only one who's wealth is always around 6k

Kagukan · February 2019

Most I have ever had was around $850K. I recently got a new house and furnishings can get expensive. Currently I have around $160K.

anitajoneb17_ESO · February 2019

Kagukan wrote: »

Most I have ever had was around $850K. I recently got a new house and furnishings can get expensive. Currently I have around $160K.

You spent $690K on ESO housing... ??? Oh my...
Oh you meant... gold :-)
But just in case you meant dollars, ... are you single by chance .. ?

JKorr · February 2019

2 million gold, plus a bit, at the moment.

Quite probably much more than that in materials and tempers. I don't normally go "farming", but I do pick up what I find while doing quests or traveling around. Coming from the single player ES games, it is almost literally painful to pass up anything that can be picked up. Some player was complaining in zone chat about how inconsiderate others were because they left "trash" behind in nodes. I said I love it when people leave the "trash" behind, and was asked why. I pointed out the "trash" worms were selling at 20 gold each, so the more "trash" people left, the more gold I got when I picked it up and sold the bait. I also pointed out that picking flowers was worth the time because, again, there is a demand from alchemists. There are a lot of easy ways to get gold while you play. Once you have the mats, well....The other day I decided to sell enough gold tempers to do 2 pieces of heavy armor/weapons [16 tempering alloy] and 3 pieces of light/medium [24 dreugh wax], 3 trait mats for jewelry, a couple dozen mundane runes, and several master writs I didn't really need to do. Ended up with over 167k gold.

If I could go back and keep a running tally of all the gold I've spent buying motifs and recipes, its been in the multi-millions. On the bright side, my main crafter has all but a couple of the motifs [curse you Telvanni], and most of the recipes.....

tmbrinks · February 2019

I make most of my money from doing writs on a daily basis. For an approximate investment of a million gold a month, I can do the writs and make a profit of approximately 8 million a month, if I sell the materials I get, and sell things that I make with the master writ vouchers I have received.

I currently have all of the large houses in the game, I've got all the attunable crafting stations in my own personal house to use, all of the polymorphs that can be purchased with gold/earned in game, etc. Main crafter knows all recipes, all motifs, and about 85% of furniture plans in the game. Sitting on about 19 million in gold. Net worth is probably around the 100 million+ mark when it is all added together.

I have used my gold to purchase Mundus Stones for my house, purchase crown crates, etc... As well as being able to buy any purchasable sets or gear that I may need, without having to worry about the gold.

BNOC · February 2019

commdt wrote: »

BNOC wrote: »

Michae wrote: »

Tell me your secrets. I need to get 2 million fast.

OlumoGarbag wrote: »

StormChaser3000 wrote: »

I make 1 million gold a week. It's a bit tedious tho.

I guess it's possible to become a billionaire, you just have to grind IC 24/7 with a solid group.

If you farm solo you could make like 80mio per week

If you can average at 150k telvar an hour, solo (10 boss kills, 1 every 6 minutes) then in 8 hours (~working day), you could make 1.2M telvar.

I'd take 200k just for the chance of occasional loss / rookie death to the harvester etc; So 1M stones.

Every 100k telvar, you get roughly 200 of each plant. So you're looking at 10 stacks of all plants a day.

You just need to check your platform trader prices to see what kind of money you make from that but Xbox EU for example, Cornflower alone is 50-70k a stack. You can make 150-200k an hour just from a few types of plants. If you sell them all and bother with the 10-25k stacks then you can be making 300k+ an hour.

I average at about 150-200k gold an hour when I'm doing this and I do it in my PVP gear because I'm lazy.

Really good money and when you think about how much you can gain, the occasional PVP death that puts so many off is actually very minor - In fact, as a PVPer, you spend more time looking for people with stones than it would take to farm them yourself.

There's also ore loops to run which can be 100k+ p/h, safe - This is one of the better loops, far from the best but I don't really want to disclose those!
https://imgur.com/a/4KUPXHs - Rough loop, when you get there you'll soon learn the spawns and the exact path. You can even just do the top or bottom circle individually.

FrancisCrawford wrote: »

BNOC wrote: »

I can farm anywhere from 1200-1500 ore per hour if I get my preferred loop -

20-25 ore/minute? Really? How much are you running past in terms of other kinds of nodes while you do that?

I rarely pick up other nodes whilst I'm doing ores as that's where the money is for me - I do pick up some runestones and cornflower etc, but not often. Hew's bane might be ~1000-1200k an hour but it's still high.

In the new patch this farm will be done with Separate campaign for IC means flooding IC with players

Oh yeah, always forget about that, no better time than now to make your M's to last you then!

Well.. not you with 80M but the other 99% haha.

TheTwistedRune · February 2019

You should amend the title to "Greediest Players in ESO".

This game has the worst auction house system I have ever played. And as such, I never use it. Why should I make somebody else rich?

I NPC vendor or destroy all gear that I don't need. I've destroyed at least half a dozen Imperial motifs, many, many gold recipes and blueprints, the list goes on. I wont give stuff away to strangers either, because chances are they will just sell it on anyway and I refuse to be a link in the chain of this awful system.

If other people want to use it, fine good luck to them. I want no part of it.

tmbrinks · February 2019

JKorr wrote: »

2 million gold, plus a bit, at the moment.

Quite probably much more than that in materials and tempers. I don't normally go "farming", but I do pick up what I find while doing quests or traveling around. Coming from the single player ES games, it is almost literally painful to pass up anything that can be picked up. Some player was complaining in zone chat about how inconsiderate others were because they left "trash" behind in nodes. I said I love it when people leave the "trash" behind, and was asked why. I pointed out the "trash" worms were selling at 20 gold each, so the more "trash" people left, the more gold I got when I picked it up and sold the bait. I also pointed out that picking flowers was worth the time because, again, there is a demand from alchemists. There are a lot of easy ways to get gold while you play. Once you have the mats, well....The other day I decided to sell enough gold tempers to do 2 pieces of heavy armor/weapons [16 tempering alloy] and 3 pieces of light/medium [24 dreugh wax], 3 trait mats for jewelry, a couple dozen mundane runes, and several master writs I didn't really need to do. Ended up with over 167k gold.

If I could go back and keep a running tally of all the gold I've spent buying motifs and recipes, its been in the multi-millions. On the bright side, my main crafter has all but a couple of the motifs [curse you Telvanni], and most of the recipes.....

I make 500-700K a month just selling the low level materials from writs, selling them in stacks of 200 for between 800g-2000g depending on their value.

Wrathmane · February 2019

Mr_Walker wrote: »

Why would I bother spending all that time and effort to collect fake money?

Why would you spend all that time and effort to collect meaningless achievements?
Why would you spend all that time and effort to furnish a digital house?
Why would you spend all that time and effort to collect fake war ranks in PVP?
Why would you spend all that time and effort to gain useless titles?
Why would you spend all that time and effort to be able to get +50k DPS?
Why would you spend all that time and effort to get worthless cosmetic skins?
Why would you spend all that time and effort to pretend and RP some scenario?

Answer: People will spend their time the way they want to spend their time doing what makes them happy, regardless of what you choose to do its still a waste of time...... and a good MMO is going to give you lots of ways to waste your time.

NoTimeToWait · February 2019

BNOC wrote: »

commdt wrote: »

BNOC wrote: »

Michae wrote: »

Tell me your secrets. I need to get 2 million fast.

OlumoGarbag wrote: »

StormChaser3000 wrote: »

I make 1 million gold a week. It's a bit tedious tho.

I guess it's possible to become a billionaire, you just have to grind IC 24/7 with a solid group.

If you farm solo you could make like 80mio per week

If you can average at 150k telvar an hour, solo (10 boss kills, 1 every 6 minutes) then in 8 hours (~working day), you could make 1.2M telvar.

I'd take 200k just for the chance of occasional loss / rookie death to the harvester etc; So 1M stones.

Every 100k telvar, you get roughly 200 of each plant. So you're looking at 10 stacks of all plants a day.

You just need to check your platform trader prices to see what kind of money you make from that but Xbox EU for example, Cornflower alone is 50-70k a stack. You can make 150-200k an hour just from a few types of plants. If you sell them all and bother with the 10-25k stacks then you can be making 300k+ an hour.

I average at about 150-200k gold an hour when I'm doing this and I do it in my PVP gear because I'm lazy.

Really good money and when you think about how much you can gain, the occasional PVP death that puts so many off is actually very minor - In fact, as a PVPer, you spend more time looking for people with stones than it would take to farm them yourself.

There's also ore loops to run which can be 100k+ p/h, safe - This is one of the better loops, far from the best but I don't really want to disclose those!
https://imgur.com/a/4KUPXHs - Rough loop, when you get there you'll soon learn the spawns and the exact path. You can even just do the top or bottom circle individually.

FrancisCrawford wrote: »

BNOC wrote: »

I can farm anywhere from 1200-1500 ore per hour if I get my preferred loop -

20-25 ore/minute? Really? How much are you running past in terms of other kinds of nodes while you do that?

I rarely pick up other nodes whilst I'm doing ores as that's where the money is for me - I do pick up some runestones and cornflower etc, but not often. Hew's bane might be ~1000-1200k an hour but it's still high.

In the new patch this farm will be done with Separate campaign for IC means flooding IC with players

Oh yeah, always forget about that, no better time than now to make your M's to last you then!

Well.. not you with 80M but the other 99% haha.

Only means that you need to farm telvars from all those new players instead :evil_face:

Anotherone773 · February 2019

Id probably be a few hundred million richer by now if i would stop spending money. I have been playing 1.5 to 2 years. Depending on your activities it can go quite quickly. Some crafting mats for housing is quite expensive.

vamp_emily · February 2019

I've been playing for a very long time and am broke.

i had to scrape up some gold to buy supplies for some gold food yesterday. However, my inventory is full of gold jewerly, I might be rich some day.

Speaking of billionaires.. Kraft Heinz stock is down 25% pre-market. Wonder if I should buy. Who doesn't like Kraft macaroni and cheese

BNOC · February 2019

NoTimeToWait wrote: »

BNOC wrote: »

commdt wrote: »

BNOC wrote: »

Michae wrote: »

Tell me your secrets. I need to get 2 million fast.

OlumoGarbag wrote: »

StormChaser3000 wrote: »

I make 1 million gold a week. It's a bit tedious tho.

I guess it's possible to become a billionaire, you just have to grind IC 24/7 with a solid group.

If you farm solo you could make like 80mio per week

If you can average at 150k telvar an hour, solo (10 boss kills, 1 every 6 minutes) then in 8 hours (~working day), you could make 1.2M telvar.

I'd take 200k just for the chance of occasional loss / rookie death to the harvester etc; So 1M stones.

Every 100k telvar, you get roughly 200 of each plant. So you're looking at 10 stacks of all plants a day.

You just need to check your platform trader prices to see what kind of money you make from that but Xbox EU for example, Cornflower alone is 50-70k a stack. You can make 150-200k an hour just from a few types of plants. If you sell them all and bother with the 10-25k stacks then you can be making 300k+ an hour.

I average at about 150-200k gold an hour when I'm doing this and I do it in my PVP gear because I'm lazy.

Really good money and when you think about how much you can gain, the occasional PVP death that puts so many off is actually very minor - In fact, as a PVPer, you spend more time looking for people with stones than it would take to farm them yourself.

There's also ore loops to run which can be 100k+ p/h, safe - This is one of the better loops, far from the best but I don't really want to disclose those!
https://imgur.com/a/4KUPXHs - Rough loop, when you get there you'll soon learn the spawns and the exact path. You can even just do the top or bottom circle individually.

FrancisCrawford wrote: »

BNOC wrote: »

I can farm anywhere from 1200-1500 ore per hour if I get my preferred loop -

20-25 ore/minute? Really? How much are you running past in terms of other kinds of nodes while you do that?

I rarely pick up other nodes whilst I'm doing ores as that's where the money is for me - I do pick up some runestones and cornflower etc, but not often. Hew's bane might be ~1000-1200k an hour but it's still high.

In the new patch this farm will be done with Separate campaign for IC means flooding IC with players

Oh yeah, always forget about that, no better time than now to make your M's to last you then!

Well.. not you with 80M but the other 99% haha.

Only means that you need to farm telvars from all those new players instead :evil_face:

Why do you think I'm promoting it!

I'm bored of the farming now, was more fun when I was getting the telvar for free.

TheRealSniker · February 2019

I on usual have 5-10 Million
I know 2 friends who have over 10 billion (10 thousand million) on their account and they say that its poor compared to some players.
I believe some of the top traders, thats just a speculation now, have somewhere over 200billion, its an odd number that for some reason makes sense to me

ArchMikem · February 2019

OlumoGarbag wrote: »

I knew some friends of a friend of mine that had a weekly market exchange of 40mio gold or more. But there is no reason at all to hoard more then that. You dont have any benefits of it. So the only people that have more money then that are people that are selling gold for IRL money

StormChaser3000 wrote: »

I make 1 million gold a week. It's a bit tedious tho.

I guess it's possible to become a billionaire, you just have to grind IC 24/7 with a solid group.

If you farm solo you could make like 80mio per week

Now you're just throwing numbers around.

BNOC · February 2019

TheRealSniker wrote: »

I on usual have 5-10 Million
I know 2 friends who have over 10 billion on their account and they say that its poor compared to some players.
I believe some of the top traders, thats just a speculation now, have somewhere over 200billion, its an odd number that for some reason makes sense to me

Billion? Have you physically seen it?

Crixus8000 · February 2019

BNOC wrote: »

I can farm anywhere from 1200-1500 ore per hour if I get my preferred loop

How is that possible ? I have a max speed farming char and even picking up constant nodes I only make around that number if I farm for about 3-5 hours lol

EliteWarrior · February 2019

TheRealSniker wrote: »

I on usual have 5-10 Million
I know 2 friends who have over 10 billion on their account and they say that its poor compared to some players.
I believe some of the top traders, thats just a speculation now, have somewhere over 200billion, its an odd number that for some reason makes sense to me

200??

Are you sure? 🤣

pauli133 · February 2019

TheTwistedRune wrote: »

You should amend the title to "Greediest Players in ESO".

This game has the worst auction house system I have ever played. And as such, I never use it. Why should I make somebody else rich?

I NPC vendor or destroy all gear that I don't need. I've destroyed at least half a dozen Imperial motifs, many, many gold recipes and blueprints, the list goes on. I wont give stuff away to strangers either, because chances are they will just sell it on anyway and I refuse to be a link in the chain of this awful system.

If other people want to use it, fine good luck to them. I want no part of it.

Thank you for helping prop up market prices! As an active trader, I appreciate your efforts.

JKorr · February 2019

tmbrinks wrote: »

JKorr wrote: »

2 million gold, plus a bit, at the moment.

Quite probably much more than that in materials and tempers. I don't normally go "farming", but I do pick up what I find while doing quests or traveling around. Coming from the single player ES games, it is almost literally painful to pass up anything that can be picked up. Some player was complaining in zone chat about how inconsiderate others were because they left "trash" behind in nodes. I said I love it when people leave the "trash" behind, and was asked why. I pointed out the "trash" worms were selling at 20 gold each, so the more "trash" people left, the more gold I got when I picked it up and sold the bait. I also pointed out that picking flowers was worth the time because, again, there is a demand from alchemists. There are a lot of easy ways to get gold while you play. Once you have the mats, well....The other day I decided to sell enough gold tempers to do 2 pieces of heavy armor/weapons [16 tempering alloy] and 3 pieces of light/medium [24 dreugh wax], 3 trait mats for jewelry, a couple dozen mundane runes, and several master writs I didn't really need to do. Ended up with over 167k gold.

If I could go back and keep a running tally of all the gold I've spent buying motifs and recipes, its been in the multi-millions. On the bright side, my main crafter has all but a couple of the motifs [curse you Telvanni], and most of the recipes.....

I make 500-700K a month just selling the low level materials from writs, selling them in stacks of 200 for between 800g-2000g depending on their value.

I don't make a habit out of selling stuff. I do it once in a while because I don't need more gold than what I have atm. I do crafting for my guilds; if you have low level characters I'll make your gear, improved to blue and enchanted, for free. No mats, no gold needed. If guildies want cp160 gear improved to purple/gold, I ask for the mats and tempers but the crafting is still free. I will buy some of the green/blue tempers to improve the free gear because my not so intensive farming doesn't always net me enough, and I don't want to charge.

BNOC · February 2019

Crixus8000 wrote: »

BNOC wrote: »

I can farm anywhere from 1200-1500 ore per hour if I get my preferred loop

How is that possible ? I have a max speed farming char and even picking up constant nodes I only make around that number if I farm for about 3-5 hours lol

Like I said before, the Hew's Bane loop average alone is 4.5-6 nodes harvests a minute, so you're looking at 20~ ore per minute which adds up.

Some loops are better than others and I know a couple of the better ones that I've found using Harvest Maps from This very old forum post and just looking.

Freakin_Hytte · February 2019

I only do daily writs with all my chars, I have 15 chars and I make about 1,7 mil a month just from doing them, 4k x 15= 60k a day, 60x7= 420k a week, 420x4= 1, 68mil a month, so my tip for easy and stable income is do your writs folk.
Thanks to that I have about 3000 writ vouchers which I can turn into easy money, I have over 500 of each gold material and I'm currently sitting on 24 mil.

This is just for spending about 30 minutes once a day doing the writs

And even if you don't have max chars this is something worth doing, even if you have 3 lvl 50 chars you'll have a stable income and get mats which you can sell very fast.

BigBadVolk · February 2019

I only know one who has between 100-300 mil not sure on the exact amount but somewhere between that

NoTimeToWait · February 2019

EliteWarrior wrote: »

TheRealSniker wrote: »

I on usual have 5-10 Million
I know 2 friends who have over 10 billion on their account and they say that its poor compared to some players.
I believe some of the top traders, thats just a speculation now, have somewhere over 200billion, its an odd number that for some reason makes sense to me

200??

Are you sure? 🤣

Maybe he saw screenshots from PTS account? xD I can't quite remember how much gold you can get there for testing purposes, but my coffer certainly had a lot of zeroes when I was around. And, of course, one could easily take a screenshot with own char having these millions after live database has been copied to the PTS.

TheRealSniker · February 2019

BNOC wrote: »

TheRealSniker wrote: »

I on usual have 5-10 Million
I know 2 friends who have over 10 billion on their account and they say that its poor compared to some players.
I believe some of the top traders, thats just a speculation now, have somewhere over 200billion, its an odd number that for some reason makes sense to me

Billion? Have you physically seen it?

Yes

menschikov2 · February 2019

I have some People on my friendlist with much Money. I think the wealthiest has roundabout 300 mil and atleast this amount in materials again.(like some k Gold-upgradematerials.)

BNOC · February 2019

TheRealSniker wrote: »

BNOC wrote: »

TheRealSniker wrote: »

I on usual have 5-10 Million
I know 2 friends who have over 10 billion on their account and they say that its poor compared to some players.
I believe some of the top traders, thats just a speculation now, have somewhere over 200billion, its an odd number that for some reason makes sense to me

Billion? Have you physically seen it?

Ive seen screenshots from real accounts on the live server

That's crazy if they're legit!

NoTimeToWait · February 2019

BNOC wrote: »

TheRealSniker wrote: »

BNOC wrote: »

TheRealSniker wrote: »

I on usual have 5-10 Million
I know 2 friends who have over 10 billion on their account and they say that its poor compared to some players.
I believe some of the top traders, thats just a speculation now, have somewhere over 200billion, its an odd number that for some reason makes sense to me

Billion? Have you physically seen it?

Ive seen screenshots from real accounts on the live server

That's crazy if they're legit!

I am sure that they are not legit. You need to make almost 6million gold a day EVERY single day since the game has started. And that's if we are talking about 10 billion.

NupidStoob · February 2019

Definitely people that have billions. People that own multiple trading guilds are probably up there. Then there are people with multiple accounts that have 15 chars to do writs with. Some hardcore farmers as well probably. Thanks to crown trading you also get a completely new influx of rich people that simply have a lot of RL money.

Edit: Forgot about trial sellers who also earn quite a lot of money.

Of course there are also botfarmers and goldsellers even though they will most likely never amass that much gold as they sell it beforehand.

Regarding cornering the market there have been instances of groups of people controlling the prize of a product or multiple for a short while usually to make massive profit short term. I remember an instance around 2 years ago where a group of people did this with alchemy mats on PC EU. Columbine was worth 500+ gold as a result and they were all bought up for less than half. Also not too long ago when everyone got the free psijiic villa people bought up all the mundane runes they could and the price is still inflated until now (even though it's going back).