Fortnite Billionaire Pledges $100 Million for Game Developers

  • Epic’s Sweeney offers no-strings funding for creative projects
  • Move follows last year’s launch of similar esports prize pool
Tim SweeneyPhotographer: Mike Coppola/Getty Images
Lock
This article is for subscribers only.

Tim Sweeney, the billionaire founder of Epic Games Inc., is offering $100 million in grants to game developers, with no strings attached, to help promote the industry.

A longtime but low-profile presence in the video-game business, Sweeney burst onto the international stage with the success of Fortnite, a free-to-play shooting game that has drawn more than 250 million players worldwide.