How many shares of Activision Blizzard does Robert Kotick own?
· Robert A. Kotick Robert Kotick owns a total of 4,305,890 Activision Blizzard shares, representing 0.56% of the company's total shares outstanding. 2 He is the company's chief executive officer (...
How much does Bobby Kotick make a year?
To sum it up, in a span of 20 years from 2000 to 2020, Bobby Kotick has sold around $450 million worth of stock. Recent reports of 2022 inform that bobby owns 4 million Activision shares worth $2,880,000 and 70 thousand Coca-Cola shares worth $1,600,000. Career
When did Don Kotick become CEO of Activision?
· According to Investopedia, as of 2021, Kotick's stake in Activision Blizzard was about 4.3 million shares or 0.56 percent of the total outstanding shares of …
Did Bobby Kotick know about sexual-misconduct allegations at Activision?
“Over the past four years, Activision Blizzard CEO Robert Kotick has received over $20 million in combined stock/option equity per year,” reads a filing sent by CtW Investment Group to the Securities Exchange Commission, the federal agency in charge of everything relating to stocks.
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· Activision Blizzard Inc. Chief Executive Bobby Kotick’s stock is worth $388.9 million at the price Microsoft Corp. agreed to pay for his company Tuesday, and he stands to receive millions more in...
How many Activision shares does Kotick own?
As of 31 March 2017 he still owns at least 7,200 units of Activision Blizzard Inc stock.
How many shares of Activision does Bobby own?
Stock Holdings and Sales At the time the Microsoft deal was announced Bobby owned just under 4 million Activision Blizzard shares. Before the Microsoft deal was announced, Bobby's shares were worth around $250 million. At Microsoft's acquisition price per share of $95, his shares were worth $380 million.
Does Bobby Kotick own Activision?
Robert A. Kotick (born 1963) is an American businessman who serves as the chief executive officer (CEO) of Activision Blizzard. He became CEO of Activision in 1991 after purchasing a company stake the previous year.
Who is the biggest shareholder of Activision?
Top 10 Owners of Activision Blizzard IncStockholderStakeShares ownedThe Vanguard Group, Inc.7.91%61,739,820Capital Research & Management Co....5.01%39,139,403BlackRock Fund Advisors4.98%38,888,196SSgA Funds Management, Inc.4.69%36,618,0536 more rows
How much is Activision net worth?
$71.6 billionActivision Blizzard is one of the biggest players in the industry, with 2020 net revenue of $8.1 billion and net income of $2.2 billion. 3 Its market capitalization was $71.6 billion as of July 9, 2021.
Who owns Activision shares?
Buffett bought more shares of Activision Blizzard. Buffet, whose company now owns roughly 9.5% of Activision's stock or some 74 million shares, is betting on the closure of the videogame producer's deal with Microsoft (MSFT).
Who is Activision owned by?
Fast-forward 43 years and the company that is now Activision Blizzard has been bought by one of the major platform owners in the industry, Microsoft, for a blistering US$68.7 billion dollars (around A$95.6 billion) – the largest sale in the history of the video game industry.
Is Bobby Kotick a billionaire?
American businessman Bobby Kotick has an estimated net worth of $7 billion. He has been the CEO of Activision Blizzard, the world's largest and most profitable western interactive entertainment company, since February 1991.
What percentage of Activision Blizzard does Bobby Kotick own?
At the conclusion of the deal, Vivendi was no longer Activision Blizzard's parent company, and Activision Blizzard became an independent company as a majority of the shares became owned by the public. Bobby Kotick and Brian Kelly retained a 24.4% stake in the company overall.
What happens to Activision share holders?
This means shareholders will no longer own stock in the surviving business, which would be a wholly-owned subsidiary of Microsoft. However, shareholders will have the option to convert shares and will be entitled to receive $95 in cash for every Activision Blizzard share they hold.
What do Activision shareholders get?
Microsoft's $68.7 billion acquisition of Activision Blizzard cleared a hurdle Thursday as Activision shareholders approved the deal, with more than 98% of votes in favor.
Bob Kotick net worth
The recent reports by Forbes highlight the Activision Blizzard CEO net worth of approximately $600 million.
Source of Wealth
Bobby is potentially a businessman and earns through his CEO salary, incentives, options, and benefits along with serving several boards of different tech companies.
Current Salary
Earns about $875k USD for serving Activision Blizzard as a CEO and Chief Executive.
Early Life and Education
Bobby Kotick was born in the United States in the year 1963. He was brought up in New York and was inclined towards starting his business at quite an early age. While he was in school, he owned business cards and later had his own business while in high school in which he rented out Manhattan clubs.
Most money made from
Since 2005, Bobby made 15 Activision Blizzard Inc stock trades selling up to 2,400 ATVI stock units worth around $120,000 in 2017. His largest trade was in 2016 when he sold about 8,58,000 units of Activision stock that were worth $347,000,000. Since 2004, Mr. Kotick trades 308,300 units on average, every 48 days.
Career
In 1983, while Bobby Kotick was studying at the University of Michigan, he initiated a tech company with his friend Howard Marks, known as Arktronics. Together they developed the software for Apple II and got Steve Wynn to invest $300,000 in Arktronics.
Sources of income
In 2019, his salary was said to have been $30 million that included the salary plus bonuses, stocks, perks, and options. Perhaps, 85 percent of his income was generated through options and stocks. He was ranked the 21st most highly paid CEO in the US in 2018.
How much is Bobby Kotick worth?
Bobby Kotick Net worth and Salary: Robert "Bobby" Kotick is an American businessman who has a net worth of $600 million . Kotick is famous for being the CEO of Activision Blizzard. He first became CEO of Activision in 1991 and later orchestrated the company's merger with Blizzard in 2008.
Is Activision a publicly traded company?
As of 2020, Activision Blizzard is a publicly-traded company with a market cap north of $50 billion. One non-profit organization listed Kotick in its list of 100 most overpaid CEOs in the United States. Stock Sales: According to company filings, in the two decades between January 2000 and March 2020, Bobby has sold roughly $450 million worth ...
Who is Robert Kotick?
He was once the director of Yahoo! and currently serves as a non-executive director of The Coca-Cola company. In addition, he once served on the board of the Tony Hawk Foundation. Early Life: Robert A. Kotick was born in 1963.
Where was Robert Kotick born?
In addition, he once served on the board of the Tony Hawk Foundation. Early Life: Robert A. Kotick was born in 1963. He was raised in New York and became interested in business and entrepreneurship at an early age.
What is Kotick's business strategy?
Kotick described this business strategy as "narrow and deep" or "annualizable" and cited it as key to attracting development talent who may not be drawn to "speculative franchises." During Activision Blizzard's Q2 2009 financial results conference, Kotick was asked about his "comfort level" regarding pricing of some of his new games. After Activision Publishing CEO Mike Griffith answered that there was "strong retailer acceptance and support" for the pricing plan, Kotick joked that "if it was left to me, I would raise the prices even further." Although Phil Elliot of Gamesindustry.biz understood the comment as a joke, he added that the comment could be seen as "insensitive at a time when consumers are likely to be feeling the economic pinch."
When did Kotick merge with Vivendi?
In November 2006, Kotick started discussing a merger with the games division of Vivendi, a French entertainment conglomerate, which included Blizzard Entertainment and Sierra Entertainment. Kotick engineered the Activision Blizzard merger, which created a new company, Activision Blizzard. Shareholders of Activision Blizzard approved Kotick as CEO ...
Where does Kotick live?
A native of Long Island, New York, Kotick resides in California with his family. He and his wife divorced in late 2012. His home in Beverly Hills is filled with Abstract Expressionist art. Kotick has donated to University of Michigan sports.
Who is the CEO of Activision?
Bobby Kotick. Robert A. Kotick (born 1963) is an American businessman who currently serves as the chief executive officer (CEO) of Activision Blizzard. He was the head of several technology companies early in his career. He purchased a stake in Activision in 1990 and became CEO the next year.
Who bought Mediagenic?
In December 1990, Kotick and his partner Brian Kelly bought a 25% stake in the almost-bankrupt Activision, then known as Mediagenic. He changed the name back to Activision, performed a full restructuring of the company, and refocused the company on video games. Kotick became CEO of Activision in February 1991.
Is Overwatch a publicly traded company?
In June 2017, Fortune reported that Kotick had become “the longest-serving head of any publicly traded tech company.” Under him, the company has approved the development of films based on its video games and had developed new esports projects.
Is Call of Duty Endowment a non profit?
Call of Duty Endowment. In October 2009, Kotick co-founded the Call of Duty Endowment (CODE), a non-profit benefit corporation, after speaking with former Veteran's Administration Secretary Jim Nicholson about how best to serve veterans.
It's almost like CEOs make too much money! Weird!
An investment group that manages more than $250 billion worth of pension funds is recommending that other Activision Blizzard stockholders vote against an upcoming raise for longtime CEO Bobby Kotick, on the grounds that Kotick already makes way too much money for someone that is constantly missing targets and laying off hundreds of people annually..
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Jordan is a frog that lives in Texas and loves Girls Generation. He's also the Fanbyte Podcast Producer! Before that he wrote video game news for almost ten years at a lot of websites you've heard of, including this one.
What Is Bobby Kotick's Net Worth and Salary?
Early Life
- Robert A. Kotick was born in 1963. He was raised in New York and became interested in business and entrepreneurship at an early age. He created his first business cards while he was still in junior high, and when he reached high school he was already running his own business. After graduating from high school, he studied art history at the University of Michigan.
Career
- Kotick's career got started in the early 80s while he was still a student at the University of Michigan. He started a tech company with a friend in their dorm room, and together they created software for the Apple II. After the duo received a $300,000 investment in their software company, Steve Jobsheard about them and paid Kotick and his friend a visit. Jobs advised them both to dr…
Salary
- In 2020, it was revealed that Bobby Kotick took home approximately $40 million for the previous year (2019). This includes a base salary of $30.1 million (down from $31 million in the previous year), plus added bonuses, perks, and stock options. In 2021, it was revealed that Bobby earned $154 million in total compensation in 2020. That made him one of the highest-paid CEOs of a pu…
Stock Holdings and Sales
- According to company filings, in the two decades between January 2000 and March 2020, Bobby sold roughly $450 million worth of Activision stock. A large chunk of that windfall came from one sale in August 2016 when he sold $347 million worth of his shares. At the time the Microsoft deal was announced Bobby owned just under 4 million Activision Bliz...
Controversy
- Bobby Kotick became shrouded in controversy in 2020 when several Blizzard employees came forward with accusations of extreme wage disparity, specifically using Kotick's inflated salary and total yearly earnings as an example of this imbalance. While Bobby was raking in seven-figure sums thanks to successful games like "Overwatch," "Diablo," and "World of Warcraft," the employ…
Overview
Robert A. Kotick (born 1963) is an American businessman who serves as the chief executive officer (CEO) of Activision Blizzard. He became CEO of Activision in 1991 after purchasing a company stake the previous year. Kotick engineered a merger between Activision and Vivendi Gamesduring the late 2000s, which led to the creation of Activision Blizzard in 2008 and him being named the compa…
Career
While Kotick was still a student in 1983 at the University of Michigan, he started a technology company called Arktronics with friend Howard Marks in their dorm room. The two developed software for the Apple II. During his sophomore year, Kotick met and pitched Steve Wynn to invest in Arktronics. Wynn later invested $300,000 in the company. Steve Jobsheard about Arktronics' software. He met with Kotick and Marks in Ann Arbor and advised them to drop out of college t…
Early life
Robert A. Kotick was born in 1963 in the US, and grew up in New York. His interest in business began at an early age. In junior high school, Kotick had his own business cards, and in high school, he ran a business renting out Manhattan clubs on off nights. He studied art history at the University of Michigan in the early 1980s.
Philanthropy, board service and recognition
Kotick is a non-executive director for The Coca-Cola Company and a board member at the Center for Early Education and the Los Angeles County Museum of Art. He previously served as a Yahoo! board member from March 2003 to August 2008 and as a board member for the Tony Hawk Foundation.
During the coronavirus pandemic in 2020, Activision Blizzard and other gaming companies partn…
Business strategy controversy
Some statements Kotick has made about his business strategy have led to controversy. He has focused on developing intellectual property which can be, in his words, "exploited" over a long period, to the exclusion of new titles which cannot guarantee sequels. Kotick described this business strategy as "narrow and deep" or "annualizable" and cited it as key to attracting development talent who may not be drawn to "speculative franchises."
Personal life
A native of Long Island, New York, Kotick resides in California with his family. He and his wife divorced in late 2012. Kotick dated Sheryl Sandberg from 2016 to 2019. His home in Beverly Hills is filled with Abstract Expressionist art. Kotick has donated to University of Michigan sports.
Kotick identifies as a libertarian and donated to the National Republican Senatorial Committee in 2007 and 2008. He endorsed Democratic candidate Hillary Clintonin the run-up for the 2016 U.S. …
External links
• Media related to Robert Kotick at Wikimedia Commons