Bobby Kotick Net Worth, How much net worth did a CEO of Activision Blizzard have?

In 2023, Bobby’s Net Worth is $600 Million. In this article, we will learn about Bobby Kotick’s Net Worth, How much net worth did the CEO of Activision Blizzard have?

Activision Blizzard’s CEO, Bobby Kotick, is an American businessman who acquired a stake in the company in 1990 and became CEO the following year. He orchestrated the merger of Activision and Vivendi Games in the late 2000s, resulting in the formation of Activision Blizzard in 2008 and his appointment as the inaugural CEO of the new entity.

How Much is Bobby Kotick Net Worth?

Bobby’s net worth in 2023 Is $600 Million. Activision Blizzard’s CEO, Bobby Kotick, has been a key figure in the company for over three decades. He first acquired a stake in the company in 1990 and became CEO the following year.

In the late 2000s, he played a crucial role in the merger of Activision and Vivendi Games, which led to the formation of Activision Blizzard in 2008. As the inaugural CEO of the new entity, Kotick has been at the helm of one of the world’s largest and most successful video game publishers.

Activision, under the leadership of Bobby, experienced remarkable growth in its market capitalization between 2010 and 2020, soaring from $14 billion to over $54 billion. This success story culminated in January 2022 when Microsoft revealed its plan to acquire Activision for a whopping $75 billion.

Bobby had approximately 4 million shares at Microsoft’s acquisition price of $95 per share, which made his shares worth $380 million. Prior to the announcement of the sale, Bobby sold around $450 million in shares over a period of ten years. He has also been consistently one of the highest-paid CEOs globally, earning a total compensation of $154 million in 2020.al compensation of $154 million in 2020.

Bobby has a diverse professional background, with a notable presence in the video games industry and serving on several company boards. The majority of these boards have been for tech companies. He has previously held the position of director at Yahoo! and currently serves as a non-executive director at The Coca-Cola Company. Additionally, he has also been a board member of the Tony Hawk Foundation in the past. 

Bobby Kotick Salary

Bobby Kotick was reported to have earned around $40 million in 2020, which consisted of a base salary of $30.1 million, along with additional bonuses, perks, and stock options.

Last year, Bobby was disclosed to have received a total compensation of $154 million in 2020, making him one of the highest-paid CEOs of a public company for that year.

Following a string of sexual harassment and assault accusations at the company, Bobby made the voluntary decision in October 2021 to reduce his salary to $62,500.

Bobby Kotick Net Worth in the last three years

Bobby Kotick Real State

Over a period of 20 years, from January 2000 to March 2020, Bobby sold approximately $450 million worth of Activision stock, based on company filings. The majority of this sum was generated from a single sale in August 2016, during which he sold $347 million worth of his shares.

Bobby owned nearly 4 million shares of Activision Blizzard when Microsoft announced its acquisition deal. Prior to the announcement, the shares were valued at approximately $250 million. After the deal was announced with a price per share of $95, the value of Bobby’s shares surged to $380 million.

Congratulations, @SpaceForceDoD, on your victory. Thank you for your service and for your support of @CODE4Vets‘ mission to help veterans find high quality careers. https://t.co/vD5yrVhrMP

— Bobby Kotick (@BobbyKotick) March 5, 2021

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Source: Explore