How much wealth does Sam Altman, CEO of ChatGPT developer OpenAI, have? The money doesn’t come from OpenAI!
June 3, 2024
0
OpenAI, is undoubtedly the most popular company in the world right now. ChatGPT and other models leading the artificial intelligence revolution are used by millions of people around
OpenAI, is undoubtedly the most popular company in the world right now. ChatGPT and other models leading the artificial intelligence revolution are used by millions of people around the world and amaze us with what they can do.
One of the architects of OpenAI’s success is of course CEO Sam Altman. Although Altman was laid off for a while and came back, he was instrumental in getting the company to where it is today. How much is Altman’s fortune? How much salary does he get from OpenAI? A report published by the Wall Street Journal answers these questions. According to the report, Altman is, as you might expect, quite wealthy. But the source of this is not OpenAI.
Sam Altman receives a salary of $65,000 from OpenAI
Sam Altman was not known to have shares in OpenAI. So he owned nothing in the company worth 86 billion. Instead, he gets a salary here. And it’s at a level you would never expect. Allegedly the CEO Annual from OpenAI65 thousand dollarsis winning.
His fortune exceeds $2.8 billion with personal investments in more than 400 companies
But Altman is a name we can rightly call ‘rich’. This is due to investments in large companies and small startups ranging from Reddit to Stripe. Altmansyour wealthThe vast majority of these investmentscomes. So much so that, according to data from Forbes, his net worth surpassed $2 billion this year. For example, Reddit’s OpenAI deal boosted its shares by 10%. This earned Altman $69 million.
The Wall Street Journal report further describes this situation. According to the report, Altman has done so so far Investment in more than 400 companies made. These were said to include private startups in which hundreds of millions of dollars had been invested. According to WSJ Shares held by Altmanat least $2.8 million worth.
Although this claim is not confirmed by Altman, it appears that the CEO of OpenAI has made billions from personal investments. There is a possibility that OpenAI will become a purely for-profit business. In such a case, Altman’s earnings from the business are likely to increase. We may see the 39-year-old famous entrepreneur among the richest executives in the coming years.
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.