Sam Altman, co-founder of OpenAI, became a billionaire by investing in startups, not by owning AI companies.
Billionaire Thanks to Investments
Hidden Assets
According to Forbes, Sam Altman has a significant fortune exceeding $1 billion, however, their sources were little studied. After careful analysis of documents and communication with people familiar with his investments, the publication found that the entrepreneur invested in the following projects:
- Reddit, which recently held an IPO;
- Fintech one-year-old Stripe with an estimate of $65 billion;
- Helion Nuclear Energy Company;
- Retro Biosciences is a startup that aims to increase human lifespan by 10 years.
Origin of Wealth
Altman owns a stake in Hydrazine Capital and Apollo Projects funds worth $145 million. In addition, significant investments in Helion and Retro has another $555 million. The rest of his assets come from Y Combinator funds, real estate in California and Hawaii worth about $90 million, and other personal investments.
Collection of Rare Items
Among the entrepreneur's other valuables is his collection of technological artifacts, which includes jet engines and Bronze Age swords.
Glossary
- OpenAI is an artificial intelligence company co-founded by Sam Altman and Elon Musk in 2015.
- Reddit is a popular community and discussion website that recently had an initial public offering (IPO).
- Stripe is a financial technology unicorn company engaged in payment solutions and valued at $65 billion.
Link
Questions answered
What is Sam Altman famous for and how did he get rich?
What are the largest assets in Sam Altman's portfolio?
What other valuable assets does the entrepreneur have?
What is interesting about Sam Altman's collection?
What is Sam Altman's connection to OpenAI?
Hashtags
Save a link to this article
Discussion of the topic – Sam Altman: Billionaire who doesn't own OpenAI but has invested in startups
Sam Altman, CEO and co-founder of OpenAI, became a billionaire through his investments in startups, not through his stake in OpenAI. According to Forbes, Altman has many assets that little is known about. This successful investor demonstrates that wealth can be created not only through one company, but also through smart investments in various projects.
Latest comments
15 comments
Write a comment
Your email address will not be published. Required fields are checked *
София
Interestingly, Altman became a billionaire not because of OpenAI, but because of his investments in various startups. An incredibly talented person 🤯
Пьотр
Yes, Altman is a real investment guru! His stake in the Hydrazine Capital and Apollo Projects funds is $145 million. A lot of money 💰
Карина
I admire his vision of the future. Investments in nuclear energy and in the project to extend human life are simply fantastic! 🔭
Гжегож
Many work hard for success, but Altman seems to have been born with a gift for predicting trends. Respect! 👏
Грунько
I think trends are tricks for the young and naive. History has already proven this to us many times 🙄 He just used his startup to get rich. Typical capitalist fraud!
Елиза
Grunko, you should not be so skeptical. Altman is a genius in the field of technological investments. His success is not just luck, but the result of many years of hard work and foresight 💎
Жозе
Wow, Altman has a collection of jet engines and bronze age swords? The dude clearly likes extravagant things 🤩 But he has the money for it, why not?
Анна
I was struck by the fact that his fortune exceeded $1 billion. Altman's success is simply cosmic! 🚀 But he also seems to know how to find talent. This is important for an investor.
Філіпе
Most likely, many will envy his achievements. But he is just a skilled businessman with an eye for promising projects. Well done! 👍
Марія
I'm a little concerned that he doesn't have a stake in OpenAI. This is his brainchild. Although, perhaps, this way he avoids a conflict of interests 🤔
Гжегож
I think OpenAI is more of a hobby for Altman than a source of income. His main focus is technology investments, where he earns billions 💸
Філіпе
I agree. Altman seems to be a step ahead of most. That is why it invests in such breakthrough industries as nuclear energy and increasing life expectancy 🧠
Анна
Either way, his success story is inspiring! Although it causes some envy 😅 But the main thing is not to stop on the way to your dream.
Карина
Yes, Altman is a vivid example of how foresight and skillful investing can make a person a billionaire. Motivates to believe in one's own strength! ⭐️
София
The main thing is not to rest on your laurels and continue to develop. I hope Altman will continue to surprise the world with his ideas 🌟