Billionaire Jeff Skoll joins Monumental Sports activities as minority investor

The possession group of the Washington Wizards, Capitals and Mystics has a brand new minority investor in eBay billionaire Jeff Skoll, Monumental Sports activities & Leisure announced Tuesday.

Skoll was eBay’s first full-time rent and first president, main the web public sale web site by means of its preliminary public providing earlier than leaving in 2001 to pursue a various array of initiatives. The 57-year-old is a celebrated philanthropist whose portfolio contains the Skoll Basis, Capricorn Funding Group and Participant, which produced the Oscar-winning movie “Highlight” and blockbuster documentaries reminiscent of “An Inconvenient Fact” and “Quick Meals Nation.”