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How one teen scooped millions playing Fortnite

Video Credit: Reuters Studio
Published on July 29, 2019 - Duration: 01:11s

How one teen scooped millions playing Fortnite

American 16-year-old Kyle Giersdorf won $3 million on Sunday in the "Super Bowl" of online gaming, the Fortnite World Cup in Queens, New York.

David Doyle reports.

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How one teen scooped millions playing Fortnite

A U.S. teen won top prize in a tournament for online video game Fortnite on Sunday (July 28) and became a millionaire in the process.

Kyle Giersdorf, who plays under the name Bugha, scooped $3 million after winning the solo finals of the Fortnite World Cup in New York.

The big money prize is a sign of how booming popularity is fueling the rise of online gaming as a professional sport, and attracting top-dollar investments.

At least 100 players took part at the Arthur Ashe Stadium in Queens, chasing a share of the total $30 million prize pot.

In an interview at the event Giersdorf said the outcome was "insane" and that all his "grind" had paid off.

Fortnite has also paid off for developer Epic Games.

The "battle royale" style game helped the software company reach a valuation of $15 billion last year.

Global revenues from professional video games competitions will hit $1.1 billion in 2019 according to a report released earlier this year.

That's up 27 percent from last year, thanks to ballooning revenues from advertising, sponsorship, and media rights.

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