Glaser

There was at least one financial beneficiary of Rob Glaser's resignation from RealNetworks this week. Ironically, it happens to be Rob Glaser.

As we reported Thursday, shares of RealNetworks soared after the longtime CEO of the Seattle company announced that he was handing over the reins after nearly 16 years. The stock has cooled a bit today -- down about two percent. But we were curious just how much Glaser -- who owns 38 percent of RealNetworks -- made on paper this week.

According to a proxy statement from last summer, Glaser owned 51,972,162 shares of RealNetworks' common stock.

The stock started the week at about $3.70, meaning that Glaser's stock holdings came to $192,296,999 on paper. The stock is now at $4.50, which brings Glaser's holdings up to $233,874,729.

That means Glaser -- who will remain chairman of Real -- saw his stock holdings increase by about $40 million this week. That's got to be bitter sweet news for Glaser, who some have reported was pushed out by the board.

Nonetheless, it will be fascinating to watch where Glaser -- one of the more politically active technology executives in the country -- turns his attention (and riches) next.

Shares of RealNetworks peaked during the dot com boom at about $88.75, and over the past seven years they've traded between $2 and $12 per share. In the past year, the stock is up 40 percent though a chunk of that gain came this week.