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Ted Price is a renowned American video game developer and entrepreneur, best known as the President and CEO of Insomniac Games, Inc. Under his leadership, Insomniac has produced iconic game franchises such as Spyro the Dragon, Ratchet & Clank, and Marvel’s Spider-Man.

Current Relevance and Recent Updates

In 2019, Sony Interactive Entertainment acquired Insomniac Games, integrating it into PlayStation Studios. Post-acquisition, the company released “Marvel’s Spider-Man: Miles Morales” and “Ratchet & Clank: Rift Apart,” both receiving positive reviews and reinforcing Insomniac’s reputation for quality game development.

Early Life and Family Background

Born on July 5, 1968, in Richmond, Virginia, Ted Price exhibited a passion for video games from a young age, influenced by early gaming systems like the Atari. He attended St. Christopher’s School in Richmond before enrolling at Princeton University, where he earned a Bachelor of Arts in English. His liberal arts education provided a strong foundation for his future endeavors in game development.

Net Worth and Lifestyle

As of 2024, Ted Price’s estimated net worth is $300 million, primarily accumulated through his role at Insomniac Games. The company’s successful game franchises and eventual acquisition by Sony have significantly contributed to his wealth.

Personal Life and Relationships

Ted Price is married to Christine Price, and together they have four children. Despite his professional commitments, Price maintains a balance between his work and family life, often emphasizing the importance of family in interviews.

Career Beginnings and Key Milestones

After graduating, Price worked as a controller for a medical company but soon realized his true calling was in game development. In 1994, he founded Xtreme Software, later renamed Insomniac Games. The company’s first project, “Disruptor,” was a first-person shooter for the PlayStation. Despite critical acclaim, it faced commercial challenges, nearly leading to the company’s bankruptcy. Undeterred, Price and his team developed “Spyro the Dragon,” which became a significant success and established Insomniac as a prominent game developer.

Notable Works and Achievements

Under Price’s leadership, Insomniac Games created several successful franchises. The “Ratchet & Clank” series, launched in 2002, became a flagship title for PlayStation consoles. The “Resistance” series further showcased the company’s versatility. In 2018, Insomniac released “Marvel’s Spider-Man,” which sold over 9 million copies and received critical acclaim. The company’s games have collectively sold over 68 million units worldwide.

  • Full Name: Theodore Price
  • Date of Birth: July 5, 1968
  • Place of Birth: Richmond, Virginia, USA
  • Nationality: American
  • Education: B.A. in English, Princeton University
  • Occupation: CEO and President of Insomniac Games
  • Years Active: 1994–present
  • Notable Works: Spyro the Dragon series, Ratchet & Clank series, Resistance series, Marvel’s Spider-Man series
  • Spouse: Christine Price
  • Children: Four
  • Net Worth: $300 million

Charitable Work and Legacy

Price supports several humanitarian organizations, including the Starlight Children’s Foundation and the Boys and Girls Club of Burbank. His commitment to philanthropy complements his professional achievements, solidifying his legacy in the gaming industry.

Disclaimer: Ted Price: Age, wealth data updated April 2026.