Who is the Biggest Shareholder of Activision Blizzard?
As of October 2023, Activision Blizzard’s largest shareholder is Vanguard Group Inc, a multinational investment management company that owns 8.7% of the outstanding shares. This is not surprising, given Vanguard’s reputation for being one of the largest and most diversified investment managers in the world.
Microsoft’s Ownership
Another significant shareholder of Activision Blizzard is Microsoft, which acquired the company in 2022 for $68.7 billion. Microsoft owns a significant portion of Activision Blizzard’s outstanding shares, although the exact percentage is not publicly disclosed.
Warren Buffett’s Stakes
Notably, Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, is also a shareholder of Activision Blizzard. In 2022, Buffett’s company sold 53.7 million shares of Activision Blizzard, resulting in a loss of 24% on their investment. Despite this, Buffett remains a significant shareholder, with a stake valued at over $691 million.
CEO Robert A Kotick’s Net Worth
Activision Blizzard’s CEO, Robert A Kotick, also owns a significant portion of the company’s shares. As of 2023-10-29, Kotick’s net worth is estimated to be at least $691 million, making him one of the richest people in the gaming industry.
Other Major Shareholders
Other significant shareholders of Activision Blizzard include:
• BlackRock Inc, a multinational investment management company that owns 6.1% of the outstanding shares
• State Street Corp, a multinational financial services company that owns 5.6% of the outstanding shares
• Public Investment Fund, a sovereign wealth fund of Saudi Arabia that owns 4.8% of the outstanding shares
Conclusion
In conclusion, Vanguard Group Inc is the biggest shareholder of Activision Blizzard, followed by Microsoft and Warren Buffett’s Berkshire Hathaway. Activision Blizzard’s CEO, Robert A Kotick, also owns a significant portion of the company’s shares. Understanding the ownership structure of Activision Blizzard is important for investors and fans of the company, as it provides insight into who has a stake in the company’s success and can influence its direction.
Table: Activision Blizzard’s Largest Shareholders
| Rank | Shareholder | Ownership Percentage |
|---|---|---|
| 1 | Vanguard Group Inc | 8.7% |
| 2 | Microsoft | X |
| 3 | Warren Buffett’s Berkshire Hathaway | 4.2% |
| 4 | BlackRock Inc | 6.1% |
| 5 | State Street Corp | 5.6% |
| 6 | Public Investment Fund | 4.8% |
Note: The ownership percentages may not add up to 100% due to rounding errors or the presence of other minor shareholders.