Bobby Kotick, the CEO of Activision Blizzard, has a substantial net worth. He has invested in a wide range of assets, including real estate, stocks, and bonds. Kotick is also known for his philanthropy, supporting organizations focused on education, healthcare, and the arts. His investments and charitable contributions demonstrate his commitment to financial security, diversification, and giving back to the community.
Founding Investment Firm
In addition to his role at Activision Blizzard, Kotick is also a co-founder and partner of the investment firm Coller Capital.
- Coller Capital is a private equity firm that specializes in investing in private equity funds.
- The firm was founded in 1990 and has offices in New York, London, and Hong Kong.
- Coller Capital has invested in over 500 private equity funds and has a total of over $20 billion in assets under management.
| Fund | Vintage Year | Investment |
|---|---|---|
| Carlyle Group | 2003 | $100 million |
| KKR & Co. | 2006 | $150 million |
| Blackstone Group | 2008 | $200 million |
Acquiring New Businesses
Bobby Kotick, the CEO of Activision Blizzard, is known for his aggressive acquisition strategy. He has used the company’s vast resources to purchase numerous other game developers and publishers, including:
- Blizzard Entertainment
- King
- Bungie
- Vicarious Visions
- Raven Software
These acquisitions have allowed Activision Blizzard to expand its portfolio of games and reach a wider audience. They have also helped to increase the company’s revenue and profitability.
| Company | Year Acquired | Purchase Price |
|---|---|---|
| Blizzard Entertainment | 1998 | $60 million |
| King | 2016 | $5.9 billion |
| Bungie | 2022 | $3.6 billion |
| Vicarious Visions | 2022 | Undisclosed |
| Raven Software | 2022 | Undisclosed |
Philanthropic Endeavors
Bobby Kotick, CEO of Activision Blizzard, has a long history of supporting philanthropic causes. He has donated millions of dollars to various organizations, including those dedicated to education, healthcare, and the arts.
- Education: Kotick has been a major supporter of educational initiatives, including college scholarships and programs to improve access to technology in schools.
- Healthcare: Kotick has donated to organizations working to improve healthcare outcomes, including research into cancer and other diseases.
- Arts: Kotick has supported museums, theaters, and other arts organizations, helping to preserve and promote culture.
Kotick’s philanthropy has been recognized by several organizations, including the Carnegie Corporation of New York and the American Red Cross.
Organization Amount Donated Purpose University of California, Berkeley $10 million Scholarships and research Stanford University $5 million Cancer research Metropolitan Museum of Art $3 million Art acquisition and preservation Personal Expenses
Bobby Kotick, the CEO of Activision Blizzard, is known for his lavish lifestyle and generous spending habits. His personal expenses include:
- Real estate: Kotick owns a sprawling mansion in Bel Air, Los Angeles, as well as several other properties around the world.
- Private jets: He owns a fleet of private jets, including a Gulfstream G650ER.
- Luxury cars: Kotick has a car collection that includes a Rolls-Royce Phantom, a Ferrari 488 GTB, and a Lamborghini Aventador.
- Yachts: He owns a 154-foot yacht named “Lady Lola.”
- Art: Kotick is an avid collector of contemporary art, and his collection includes works by Pablo Picasso, Andy Warhol, and Jeff Koons.
Kotick’s spending habits have drawn criticism from some who believe that he is overpaid and out of touch with the financial struggles of his employees. However, his defenders argue that he is a successful businessman who has earned his wealth through hard work and innovation.
Expense Estimated Cost Bel Air Mansion $15 million Gulfstream G650ER $67 million Rolls-Royce Phantom $450,000 Lady Lola Yacht $50 million Contemporary Art Collection $50 million+