Get all your news in one place.
100’s of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
AFP News

OpenAI's Sam Altman Declared Billionaire By Forbes

OpenAI CEO Sam Altman is now a member of the Forbes billionaires club (Credit: AFP)

Sam Altman, the CEO of ChatGPT creator OpenAI, has become a billionaire, Forbes said Monday.

Altman, who became the face of the global AI frenzy when his company released ChatGPT in 2022, cracked the magazine's list of billionaires in the 2,692nd position.

The financial news outlet said that Altman's wealth came mainly from his investments in startups, such as Reddit, which was recently floated on the New York stock exchange, and payments company Stripe, which is currently estimated to be worth $65 billion.

The 38-year-old has also invested in more recent ventures, such as nuclear energy company Helion and longevity startup Retro Biosciences.

His fortune, which includes prime real estate in California and Hawaii, was estimated using public filings and investigative reporting, Forbes said.

Altman has insisted that he does not own equity in OpenAI, a company that has made him almost a household name and is estimated to be worth about $80 billion.

Last week, Taylor Swift was also officially named a member of the Forbes billionaires list, with an estimated $1.1 billion fortune.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.