• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it

3

Current price of oil as of May 27, 2026

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it

3

Current price of oil as of May 27, 2026
eSports

Former eBay and HP CEO Meg Whitman Is Betting Big on the Future of eSports

By
David Meyer
David Meyer
Down Arrow Button Icon
By
David Meyer
David Meyer
Down Arrow Button Icon
July 24, 2018, 5:24 AM ET

Meg Whitman, the former head of eBay and Hewlett-Packard, has decided that there’s a big future for eSports.

Whitman, who is also CEO of an as-yet-unnamed media platform incubated at WndrCo, has invested in and joined the board of Immortals, the competitive videogame organization that fields teams in games such as Rainbow Six Siege and Arena of Valor. According to a Wall Street Journal article, Whitman’s investment has no public figure on it, but it values Immortals at over $100 million.

The eSports industry is growing fast, to the point where some have floated the idea of the genre’s inclusion in the Olympic Games.

That won’t happen anytime soon, though—International Olympic Committee (IOC) president Thomas Bach said a few days ago that the decision to include eSports in the Olympics probably wouldn’t happen during his tenure, due to a variety of “unanswered questions.” Bach may be re-elected in 2021 for another four-year term, in which case eSports will remain off the Olympic menu until at least the 2028 Los Angeles Games.

According to Whitman, the global audience for the phenomenon now totals some 400 million people, and annual revenue is over $800 million, which is more than double what it was four years ago. As with “real” sports, the cash comes from things like ticket sales and corporate sponsorships. “I’ve seen very few things capture people’s imagination like this,” Whitman told the Journal.

Immortals has also seen investment from AEG and Lions Gate Entertainment. Founder Noah Whinston told the Journal that he was keen for Whitman to come on board because she turned eBay from a “niche, community-oriented site… into something mainstream.”

This article was updated with a correction—Whitman is the CEO of a media platform incubated at WndrCo, rather than the CEO of WndrCo.

About the Author
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Inflation hit the highest level in almost three years as the Fed releases the first inflation report under new chair Kevin Warsh
BankingInflation
Inflation hit the highest level in almost three years as the Fed releases the first inflation report under new chair Kevin Warsh
By The Associated Press and Christopher RugaberMay 28, 2026
18 minutes ago
Top CD rates from major banks May 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on May 28, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMay 28, 2026
32 minutes ago
Current price of Ethereum for May 28, 2026
Personal FinanceEthereum
Current price of Ethereum for May 28, 2026
By Joseph HostetlerMay 28, 2026
37 minutes ago
Current price of Bitcoin for May 28, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for May 28, 2026
By Joseph HostetlerMay 28, 2026
37 minutes ago
Current price of oil as of May 28, 2026
Personal FinanceOil
Current price of oil as of May 28, 2026
By Joseph HostetlerMay 28, 2026
45 minutes ago
Current price of gold as of May 28, 2026
Personal Financegold prices
Current price of gold as of May 28, 2026
By Danny BakstMay 28, 2026
51 minutes ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
7 days ago
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
Banking
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
By Nick LichtenbergMay 27, 2026
1 day ago
Current price of oil as of May 27, 2026
Personal Finance
Current price of oil as of May 27, 2026
By Joseph HostetlerMay 27, 2026
1 day ago
Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’
Success
Nvidia CEO Jensen Huang admits he criticizes everything his 42,000-plus employees show him: ‘You can’t go a day without some criticism’
By Preston ForeMay 26, 2026
2 days ago
Techlash grows in education: 'My daughter went to middle school and was sent home with a screen addiction in her backpack'
North America
Techlash grows in education: 'My daughter went to middle school and was sent home with a screen addiction in her backpack'
By Jocelyn Gecker and The Associated PressMay 26, 2026
2 days ago
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
Environment
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
By Dorany Pineda, Brittany Peterson and The Associated PressMay 27, 2026
23 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.