Activision’s Bobby Kotick Has Two Secret Companies

Two men, one with a beard, stand in front of a Blizzard-branded backdrop.

DJ Khaled (left) to Bobby Kotick (right), presumably: “Another one.”
Photo: Bryan Bedder (beautiful pictures)

You have read correctly. CNBC recently unconcealed which Activision Blizzard CEO Bobby Kotick founded not one but two secret companies through which he has donated hundreds of thousands of dollars to political campaigns.

Two companies, 807080A LLC and Norgate LLC, are both found detailed in FEC filings, the former listed under the same California address as Kotick’s 803011 Foundation and the latter tied to a location. only a minute walk away. According to Campaign Legal Center, a government watchdog group, Norgate LLC also shares a personal mailbox with Kotick and his foundation.

“[807080A LLC] has been in business since 2008 and manages a number of Mr. Kotick’s investments,” said Kotick representative Mark Herr CNBC via email earlier this week. “Mr. Kotick contributes to Democratic and Republican candidates and is supporting David McCormick because he’s a very close friend.”

However, when asked about Norgate LLC, Herr did not provide further details.

CNBCThe report’s report said Kotick used the two companies to raise up to $600,000 for political action committees supporting Republican candidates like Kentucky senator Mitch McConnell — who, can’t say too much, is one of the most cruel politicians in the United States — and Dave McCormick, a former business executive now running for the Senate in the Pennsylvania GOP primaries. These contributions are much larger than those made by Kotick to both Republicans and centrist Democrats in his own name.

Although a long and illustrious career of fake behaviorKotick’s public position has only recently begun to plummet due to reports of Activision Blizzard activity. widespread culture sexual harassment and generally bad behavior towards female employees. Reports indicate that Kotick himself is also responsible for nurture this environment. The fact that he’s giving more money to absolutes like McConnell than previously predicted doesn’t come as much of a surprise.

The interesting thing about this story is that this is just what rich people do. Like, every time. They set up these shady organizations that exist only on paper to cover their tracks, such as helping fend off evil politicians or forging tax returns. And it is not only allowed but encouraged by our current economic system. As always, it’s a big club and you’re not in it.

Kotick is expected to step down from his position at Activision Blizzard the following $68.7 billion acquisition imminent by Microsoft. Both the Microsoft deal and his resignation could add hundreds of millions of dollars to his already unimagined, unborn fortune.

https://kotaku.com/bobby-kotick-activision-blizzard-microsoft-mitch-mcconn-1848558100 Activision’s Bobby Kotick Has Two Secret Companies

Curtis Crabtree

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