Bobby Kotick Net Worth

Bobby Kotick Net Worth: How Much Money the American Bussinessman Earn?

American businessman Robert A. Kotick was born in 1963 and is currently the CEO of Activision Blizzard. Following his 1991 purchase of a stake in Activision, he assumed the role of CEO the following year.

Activision Blizzard was formed in 2008 and Kotick was appointed its first chief executive officer (CEO) after he orchestrated a merger between Activision and Vivendi Games in the late 2000s. He was a member of the boards of various companies, including Yahoo! from 2003 to 2008 and The Coca-Cola Company from 2012 to 2022.

Bobby Kotick Net Worth

American businessman Robert “Bobby” Kotick is worth an estimated $600 million. As the CEO of Activision Blizzard, Kotick has gained fame. In 1991, he was named CEO of Activision, and in 2008, he oversaw the company’s merger with Blizzard. When looking at market capitalization, Activision ranks second among publicly traded video game companies.

Some of its most famous titles include “Call of Duty,” “World of Warcraft,” and “Candy Crush.” More than 10,000 individuals across the globe are employed by the organization. The market capitalization of Activision increased from $14 billion to more than $54 billion in the ten years that Kotick presided over, from 2010 to 2020.

Microsoft announced its acquisition of Activision for $75 billion in January 2022. About 4 million shares, or $380 million, belonged to Bobby at the $95 per share acquisition price set by Microsoft. Bobby sold about $450 million worth of shares in the ten years leading up to the announcement of the sale.

On occasion, he has also ranked among the world’s highest-paid chief executive officers. He received a total of $154 million in 2020. Bobby has been on the boards of several firms, mostly in the technology sector, in addition to his work in the video game industry.

He is a non-executive director at The Coca-Cola Company and a former Yahoo! director. Also, he was a Tony Hawk Foundation board member at one point.

Bobby Kotick Net Worth

Bobby Kotick Early Life

The birth year of Robert A. Kotick was 1963. He had an early fascination with business and entrepreneurship while growing up in New York. He made his first business cards in junior high and was already managing his own company by the time he was a senior. He went on to study art history at Michigan after finishing high school.

Bobby Kotick Salary

The fact that Bobby Kotick pocketed around $40 million in 2019 was made public in 2020. Bonuses, incentives, and stock options are part of the package, which also includes a base salary of $30.1 million (a decrease from $31 million the year before).

The disclosure of Bobby’s total 2020 remuneration of $154 million came in 2021. For the year, that put him among the highest-paid chief executive officers of publicly traded companies. Bobby willingly asked to have his salary cut to $62,500 in October 2021 after multiple accusations of sexual harassment and assault surfaced at work.

Bobby Kotick Stock Holdings and Sales

Bobby sold almost $450 million worth of Activision stock in the twenty years between January 2000 and March 2020, according to corporate documents. The bulk of his windfall—$347 million—came from a single sale of shares in August 2016.

Bobby had somewhat less than four million Activision Blizzard shares when the Microsoft agreement was revealed. The value of Bobby’s shares was approximately $250 million prior to the announcement of the Microsoft deal. His holdings were valued at $380 million at the $95 acquisition price per share by Microsoft. At least 70,000 shares of Coca-Cola are owned by Bobby as well.

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