Cyberpunk 2077 Launch Issues Reportedly Cost Founders $1 Billion In Wealth

3 years 5 months ago

The technical issues surrounding the launch of Cyberpunk 2077 have had an impact on CD Projekt Red's stock value, and that in turn is reportedly hitting its founders' net worth. Bloomberg reports that the company's founders have cut the value of their joint stake by $1 billion in only a matter of days.

The joint 34% stake in the Polish company is co-owned by three executives--Marcin Iwinski, Adam Kicinski, and Piotr Nielubowicz--along with a fourth owner, Michal Kicinski. Those four have become the among the wealthiest Poles in recent years as anticipation grew for Cyberpunk. But as the stock has been dropping, so has their wealth. Their stake was reportedly worth about $3 billion on Tuesday.

Perhaps more importantly, analysts say this launch has cost the studio significant credibility. Average analyst forecasts for 12-month sales dropped from 30 million copies before the release to 25.6 million copies now.

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Author
Steve Watts

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