Comment by cableshaft | Hacker News Reader

Comment by cableshaft | Hacker News Reader

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Bobby Kotick is worth $600 million according to a brief Google search. That's enough fuck you money I'm surprised he hasn't just retired yet. Of course, when you can convince the board to pay you $155 million more, that's a good incentive to keep working I guess. Especially since work at that level is probably just a handful of meetings in a boardroom and a few more on the golf course per year (I don't mean CEOs in general, but CEOs of large corporations like his, where the decisions boil down to pretty much "How many absurd microtransactions can we get away with in Call of Duty this year?").

Anyway I highly doubt his head can really roll from this.

https://www.eurogamer.net/articles/2021-06-22-activision-bli...

Anyone with a net worth over about 100m (and many a fir chunk lower) isn't working for money anymore. He hasn't retired to enjoy his wealth is imo because the jobs selection bias excludes the sorts of people who would do that

That's a good point. Most people that would retire at $100M would probably retire at $10M, and thus wouldn't make it to that $100M level.

Yeah I think once I got to like, 10 million I'd just pull a Joe Rogan and do whatever I felt like at that point and not work a proper job anymore.

And I'm a long way away from getting that, unless one of my investments pulls a GME or something.

I don't really think this is true. They can end up spending a lot of that 100m on a car collection.

I'm not too greedy. Give me enough money I won't feel too guilty spending a half million on a Lagoon 40 catamaran and a quarter million on a Lamborghini Huracan and enough for a single-family beach house on Lake Michigan or Lake Superior, (and enough investments I can 4% withdraw about 70k a year) and I'll be satisfied.

I agree, I just disagree that they aren't working for the money.

when you get to a point of getting a car collection, you don't spend you start to invest in car collection, hence why you shift buying preferences to exotics with good track record of appreciating in value and simply lease everything else

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