Acti boss makes $20 million from shares News • News • Eurogamer.net

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Waited till MW2 week to sell. Smart.

Activision Blizzard boss Bobby Kotick has made a mint from the success of Modern Warfare 2 - and not just because every person in the world has bought a copy.

The bubbly brunette sold 2 million of his Activision shares between 9th and 11th November, according to Gamestop. Call of Duty: Modern Warfare 2 launched on the 10th.

The shares were sold at a cost of around $11.50 each and as a result Kotick hauled in nearly $20.2 million. That's over Ł12 million / €13.5 million in real money.

Kotick has hung on to an additional 3 million shares which are currently worth over $35 million. Well, good to have something in reserve for a rainy day. Or Modern Warfare 3.

About Ellie Gibson

Since joining Eurogamer in the mid 2000s, Ellie has written about subjects as diverse as the fall of Gizmondo, the rise of Hollyoaks actresses in Red Alert games and the noise a bear makes under NSFW circumstances.

Read more articles from Ellie by visiting the Ellie Gibson archive page.

Comments (29) Latest comment 7 months ago

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Pirotic #1 2 years ago

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Why is it I never see these jobs advertised
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kendoji #2 2 years ago

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I'm really happy for him!
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c780162 #3 2 years ago

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well he sure knows how to make money il give him that. but i still hate him.

maybe because he makes so much money
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The_Inquisitor #4 2 years ago

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I wonder did he boycott the game... save himself an extra Ł55.
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HermitArcader #5 2 years ago

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Post deleted at 09:17:39 22-12-2011
M_of_the_sys #6 2 years ago

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Pffft. That's nothing. I saved Ł25 on MW2! Ha!
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booner #7 2 years ago

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I saved Ł25 on MW2 aswell, then spent that on food and electricity playing my Xbox all day.

I do have an idea to make even more money than that though.... build MW3 and have dedicated servers = Profit! ŁŁŁŁ
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gav_and_the_gavster #8 2 years ago

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It gets even better for him, he's just won an annual lottery I run with a top prize of Ł50 million. He's just got to send me the Ł50,000 admin fee now. Congrats Bobby!
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lockload #9 2 years ago

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So gamestop are now putting news out are they , i think you mean gamspot as the link goes to

Edited by 1 at 13/11/09 @ 09:56
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metalangel #10 2 years ago

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He's like a worse version of Hitler!
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ps3owner #11 2 years ago

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welcome to capitalism.
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local_celebrity #12 2 years ago

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Are the milky bars on him then?
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butler` #13 2 years ago

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don't give him too much credit

that should go to his financial advisors
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local_celebrity #14 2 years ago

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I know for a fact that he's on his yacht right now, somewhere off the coast of Malibu. He's chucklinq quietly to himself and eating the biggest bowl of Alpen you've ever seen.
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insincere_dave #15 2 years ago

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Bobby KoDICK more like.

Take that fiend!
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canIdoyabombsforya #16 2 years ago

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Innovation makes money... err hold on.
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Fat_Pigeon #17 2 years ago

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Sorry but if i was in the same situation i would have done the same thing

so would every single person who posted a comment on this

good on him , now can i have a share of it please?
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kongzi #18 2 years ago

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I read a statement on IGN that Activision was looking the 'monetize' the CoD online game the same as World of Warcraft.. 'monetizing' is that what decent amurricuhns call pimping nowadays, since pimping has gone on to mean 'to make better'?

crazy, crazy people
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AphoticCosmos #19 2 years ago

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Financially prudent, if not much else.
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Bravestinsane #20 2 years ago

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So now he is just an even richer prick..

Then sun will come out when he dies....

harsh but he is such a twat.
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Fourbythree #21 2 years ago

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Insider trading surely!!!
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Quixz #22 2 years ago

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I do not like this man.
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hiddenranbir #23 2 years ago

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It's ok guys, the wealth will filter down to us. That's how this system works. We all benefit from greed!
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db3 #24 2 years ago

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Bobby is a n00b.

http://www .youtube.com/watch?v=XUpZVnceJx4
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lolife.se #25 2 years ago

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It's so nice to see it is the actual developers (or manufacturers, or whatever) that gets to enjoy the fruits of their labor, and not some already well paid and rich twat that has fuck all to do with the product. Oh wait..
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man.the.king #26 2 years ago

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@Ellie Gibson

"The bubbly brunette sold 2 million of his Activision shares ..."

I think the correct term is brunet, not brunette.

Wouldn't have mattered if the mistake had been made by one of the hundreds of persons commenting on here, but as yours was an article on the site, thought it fit to bring it to your attention.
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Lamb #27 2 years ago

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Wall Street 2. Gordon Gecko (Michael Douglas' character) has served his jail time. Booby Kidding looks to him for advice for becoming a true corporate raider.

It could work by replacing the drugs and sexual innuendo with making games and booth girls.
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man.the.king #28 2 years ago

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@Lamb

Funny. By the way, afaik, Oliver Stone is actually making a sequel to Wall Street (Wall Street 2: Money Never Sleeps) with Michael Douglas, Shia LaBeouf and Josh Brolin.

Edited by 2 at 19/11/09 @ 04:01
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james-mw3-mw3 #29 7 months ago

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Infinity Ward decided that MW3 will immediately follow the events of Call of Duty: Modern Warfare 2. Every country is under attack, the press won't like Call of Duty: MW3 direction. Hopefully the new Modern Warfare 3 weapons, perks and killstreaks will make up for it!
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