Flush with the success of the launch, Kotick this week offloaded almost two million Activision stock options he’d held since 2000. When they were worth $US1.03 each. In this post-Modern Warfare 2 world, however, they’re worth around $US11.50.
Want me to do the math for you? Subtract the $US2 million strike price from the equation and Kotick earned himself just over $US20 million. In less than a week.
Think he’s an asshole? He can’t hear you. His mansions are insulated with money.
Activision CEO reaps $US20.2 million in three-day stock sale [GameSpot]
Aaron Clement
Friday, November 13, 2009 at 5:25 PMSo he hates us all, but loves our money?
DerangedStoat
Friday, November 13, 2009 at 5:31 PMSo he actually hasn’t made it just off Modern Warefare 2, he has made it off every successful Activision franchise since 2000…
Josh
Friday, November 13, 2009 at 6:13 PMToo bad the people who actually worked on the game probably wont even collectively get that amount.
Jay
Friday, November 13, 2009 at 6:29 PMSmart man. +1 i mean +20,000,000 for him.
stuart jarvis
Friday, November 13, 2009 at 6:30 PMyer all that money and thay cant even give us decent game play on psn
Ribs
Friday, November 13, 2009 at 7:02 PMTyrants always fall.
Newguy
Friday, November 13, 2009 at 7:43 PMWell MW3 pretty much got comfirmed.
shawn
Friday, November 13, 2009 at 9:28 PMhope he invests that in the ‘lets not make game development fun’ foundation along with the IW’s ‘lets treat PC games like ****’ group
Snacuum
Friday, November 13, 2009 at 9:41 PMHe’ll hear me when I punch him in the face.
Deadlydorito
Saturday, November 14, 2009 at 12:12 AMI want to marry his children.
Cameron Chu
Saturday, November 14, 2009 at 8:47 AMPut it this way; his investment in 2 million Activision stocks indirectly paved the way for the development of the video games due to that surge in funding! And now he’s reaping the benefits eleven-fold in just 9 years..
Tom
Sunday, November 15, 2009 at 12:27 PMThey were stock options. Unlikely he paid anything for them until he cashed them out.
boc
Sunday, November 15, 2009 at 2:46 PMDid he actually invest 2 million of his own money to get those shares? Or was he given them as part of his employment package?
Also 2 million shares at a dollar each is not much of a cash infusion. Especially when many games these days cost way more than 2 million dollars to make.
Anyway, the people up the top make way too much way too easily.