According to the Bloomberg Billionaire Index, Founder and CEO of OpenAI, Sam Altman just crossed $2 billion in worth even though he has no stakes in OpenAI. OpenAI is an artificial intelligence research company based in the U.S. and its estimated value is $86 billion. Altman holds no stake in the company and has other various sources of income which contribute towards his billionaire status.
Bloomberg reported that most of his traceable income comes from a network of VC funds and investments in startups. His total net worth is predicted to go even higher due to the IPO of Reddit, where he is amongst the largest shareholders of the company owning 8.7% of the stakes in the company. He is a tech geek and an even better businessman as most of his investments are in the tech industry which is guaranteed to grow significantly in the upcoming years.
Sam Altman has said on multiple occasions that he holds no stakes in OpenAI despite being the founder and the CEO of the company. 40% of the shares are held by Microsoft, making it the biggest shareholder of OpenAI. A big chunk of Altman’s income is sourced from his investments in venture capital funds including the Apollo Projects and Hydrazine Capital.
OpenAI founder has also invested in a lot of tech startups like Helion Energy Inc., an American nuclear fusion company which works on the development of aneutronic fusion resulting in cheaper, cleaner energy. He has also invested in a startup called Retro Biosciences which is working on increasing the lifespan of humans by 10 years. It was founded in 2020, by Joe Betts-LaCroix and is located in San Francisco, USA.
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