Sam Altman
– Photo: Social Media
OpenAI co-founder and CEO Sam Altman’s net worth has crossed $2 billion. Although the surprising thing is that Sam Altman is considered the face of the world’s most talked about Artificial Intelligence startup, but this AI startup does not contribute to his wealth.
Wealth created by investing in various startups
According to media reports, Sam Altman has no stake in AI startup OpenAI and the majority of Sam Altman’s wealth is invested in venture capital funds and various startups. Sam Altman has also invested in Reddit and shares of Reddit are going to be issued soon, so it is believed that Sam Altman’s wealth will increase further in the coming months. The total value of OpenAI is estimated at $86 billion, but despite being its CEO, Sam Altman does not have any stake in it and Microsoft has the largest stake in OpenAI at 49 percent.
Of Sam Altman’s net worth, $1.2 billion comes from venture capital funds. Altman has invested $430 million in the Apollo project. Also, Altman has 8.7 percent stake in Reddit. Altman has invested $500 million in nuclear fusion company Helion Energy Inc. Also, $180 million has been invested in Retro Bioscience.
Musk sued Sam Altman
Elon Musk, owner of Tesla and social media platform X, has sued OpenAI and several others in the company, including its CEO Sam Altman. This case has been filed in the case of alleged violation of the agreement. However, till now no comment has been made by Musk or Sam Altman in this matter. It is alleged that in 2015, OpenAI founders Greg Brockman and Sam Altman had approached Elon Musk to form a non-profit company. This company was created to develop technology based on AI technology for the benefit of humans. However, this agreement broke down due to OpenAI’s focus on making profits, due to which Musk has filed a lawsuit against Altman and OpenAI.