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OpenAI’s Sam Altman declared billionaire by Forbes

Altman, who became the face of the global AI frenzy when his company released ChatGPT in 2022, cracked the magazine’s list of billionaires.

OpenAI CEO Sam Altman is now a member of the Forbes billionaires club
OpenAI CEO Sam Altman is now a member of the Forbes billionaires club - © AFP/File Fabrice COFFRINI
OpenAI CEO Sam Altman is now a member of the Forbes billionaires club - © AFP/File Fabrice COFFRINI

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. 

AFP
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With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

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