Video Game CEOs Made Tens of Millions of Dollars in 2020

Activision-Blizzard CEO Bobby Kotick's wage has been within the information on a number of events during the last 12 months. And whereas he definitely makes considerably greater than most, a brand new report exhibits that he's in good firm, with different gaming CEOs bringing in tens of hundreds of thousands of dollars per 12 months.

Video games One has compiled a rundown of online game government pay within the 12 months 2020 based mostly on firm filings, together with wage, bonuses, inventory, and different financial advantages. The report reveals that Bobby Kotick was really not the highest-earning CEO of 2020 — that prize goes to Robert Antokol, CEO of Israel-based Playtika, which makes free-to-play cell video games. In 2020, Antokol made $372 million in whole compensation, whereas Kotick introduced in $154.6 million.

Whereas they have been far and away the highest earners, different gaming CEOs equally made piles of cash that 12 months. EA CEO Andrew Wilson obtained $34.7 million in 2020, whereas Zynga's Frank Gibeau earned $32 million. Take-Two (which simply introduced its intention to accumulate Zynga) noticed its CEO Strauss Zelnick herald $18 million.

Different notable names on the listing embody then-GameStop CEO George Sherman's $7.6 million, Roblox CEO David Baszucki incomes $6.eight million, Sq. Enix CEO Yosuke Matsuda receiving $four.2 million, Nintendo president Shuntaro Furukawa receiving $2.eight million, and Ubisoft CEO Yves Guillemot getting just below a million.

In whole, the 42 gaming CEOs earned $842 million in 2020. Notably, these are simply CEOs for publicly-traded corporations who should disclose CEO pay by regulation. Privately held corporations, resembling Valve or Epic, don't disclose these numbers, so there are possible a lot of equally high-paid CEOs lacking from this listing.

For comparability, a handful of corporations disclosed their median worker compensation. Activision had the largest discrepancy between CEO and worker pay, reporting a median worker compensation of $99,100 — principally one greenback for each $1,560 that Kotick earns. GameStop was the second-worst discrepancy, reporting a low, low median worker compensation of $11,033, or one greenback for each $650 Sherman earned in 2020.

Gaming CEO compensation has been beneath scrutiny lately. Kotick's pay particularly was minimize earlier final 12 months after repeated criticism, although he's nonetheless making $875,000 in wage alone earlier than bonuses and different inventory advantages. EA equally minimize CEO Andrew Wilson's pay final 12 months.

Rebekah Valentine is a information reporter for IGN. You’ll find her on Twitter @duckvalentine.

Thumbnail Picture Credit score: Scott Olson/Getty Photographs

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