Bobby Kotick Net Worth: Bobby Kotick is a 58-year-old businessman from the United States. Currently, he serves as the CEO of Activision Blizzard, a video game holding company. Having been CEO of Activision since 2008, his role morphed into CEO of Activision Blizzard following the acquisition of Blizzard by Activision. The estimated personal wealth of Bobby Kotick in 2022 is approximately $8 billion.
|Full Name||Robert A. Kotick|
|Birth Place||Long Island, NY, USA|
|Height||5 feet 6 inches|
|Net Worth||$8 billion|
Originally from the United States, Robert A. Kotick was born in 1963. His childhood was spent in New York City. He was interested in business from an early age. He had his own business cards while studying in high school, and he rented nightclubs in Manhattan during off-hours.
The early 1980s were the years that he studied art history at the University of Michigan. Together with Howard Marks, along with whom he studied at the University of Michigan, he created the technology company Arktronics in 1983. The two men developed Apple II software in their dormitory. Later, one of them met Steve Wynn, a real estate developer who invested $300,000 in their company.
Bobby Kotick Net Worth and Career
Rather than continue with the university, Howard and Bobby decided to focus on their software company. They made the decision to quit college after meeting Steve Jobs, who advised them to do so. Then-Chairman Irvin Gould of Commodore International suggested he buy Leisure Concepts after being unsuccessful at persuading him to sell the company control.
As of December 1990, Kotick owned 25% of Activision, an almost bankrupt company. Formerly known as Mediagenic, Activision was later changed to its current name. From 1997 to 2003, he acquired 9 development studios during his tenure as CEO of Activision. It was he who developed the company’s first hit game in 1995.
As early as November 2006, he started discussions about merging Activision with Vivendi’s games division, which included Sierra Entertainment and Blizzard Entertainment. Activision Blizzard was created as a result of Kotick’s successful engineering of the merger.
Kotick created a professional esports league in October 2016 for the video game Overwatch. Prior to that, Major League Gaming and King had been acquired by the company. At that time, Bobby was ranked the most experienced CEO of a publicly-traded technology company by Fortune.
A lady named Nina was married to Bobby Kotick. In 2012, Nina and Bobby divorced. Nina and Bobby are the parents of three daughters. Grace Kotick is his eldest daughter and a graduate of Brown University. Additionally, his youngest daughter, Emily is currently studying sports management at the University of Michigan. His second daughter, Audrey graduated from Duke University and will work in government in Washington, D.C. His youngest daughter, Audrey, is a graduate of Duke University and will work in government in Washington, D.C.
The company’s employees walked out in November 2021 for the second time in the past year to call for Kotick’s resignation. Kotick’s handling of alleged sexual misconduct at the company was revealed in a disturbing report in the Wall Street Journal, which led to the protest by employees.
In Irvine, over 150 people gathered outside Activision Blizzard’s headquarters on Tuesday, November 16. Activision Blizzard’s best employees are being driven out by unaccountable bureaucrats, and we have no confidence in Kotick.
After the Department of Fair Employment and Housing filed a 29-page lawsuit alleging that women were not given fair pay, employees at Blizzard walked out for the first time in July 2021.
Bobby Kotick Net Worth
Approximately $8 billion is Bobby Kotick’s estimated personal wealth as of 2021. The CEO of Activision Blizzard earns an annual salary of around $30 million.