Sam Altman is an American entrepreneur, programmer, investor, and co-founder of OpenAI, a US-based Artificial Intelligence Company. He collaborated with famous business tycoons like Elon Musk, Ilya Sutskever, and Jessica Livingston to build cutting-edge AI technologies like ChatGPT. As he worked on several projects and is currently working as OpenAI’s CEO, What about Sam Altman’s net worth?
Quick Facts:
| Full Name: | Samuel Harris Altman |
| University: | Stanford University (dropped out) |
| Date of Birth: | 22nd April, 1985 (38 years old) |
| Place of Birth: | Chicago, Illinois, United States |
| Marital Status: | Single |
| Religion: | Jewish |
| Professionssion: | Businessman, CEO |
| Net Worth: | $500-700 Million |
Sam Altman’s Net Worth
According to TheStreet, the estimated net worth of Sam Altman is 500-700 million USD in 2024. He has earned this wealth from different sources like monthly salary, business, and previous successful entrepreneurship.
Apart from this, he has a luxury racing car, a Lexus LFA of $375,000. He has a $27 million luxury home in the upscale San Francisco neighborhood Russian Hill and also a ranch house in Napa.
Altman’s Source of Income
Salary: Sam Altman earned huge money as president and CEO of several reputed companies like Loopt, Y Combinator, and OpenAI. Currently, he is the CEO of Artificial Intelligence based company OpenAI. According to Time Magazine, his current salary is around $65000 as CEO of OpenAI.
Previous Business & Investment: In 2012, Altman sold his previous company Loopt for $43.4 million. He earned profit from his previous company Loopt, and Hydrazine Capital.
He invested in various companies like OpenAI, Helicon Energy, and Retro Biosciences. Helicon Energy is a nuclear fusion-based electricity generating company that is building the world’s first nuclear fusion power plant to produce unlimited clean energy. On the other hand, Retro Biosciences is a biological research company that is researching cellular reprogramming and plasma therapies to increase human life by up to ten years.
Altman invested $375 million in Helicon Energy and $180 million in Retro Biosciences.
Apart from these, Altman also co-founded Worldcoin in 2019, which is an iris biometric cryptocurrency-based project. It is a future-proof artificial intelligence that can identify humans and nonhumans using a human’s iris as a key. He raised $115 million in 2019 for its development.
Education:
In 1985 Sam Altman was born in Chicago (USA) in a Jewish Family. He was very keen to learn computer from his childhood and started learning computer when he was 8. According to the New Yorker, Altman came out as gay when he was 16.
He completed his early education from a private school in Ladue,( Missouri), named John Burroughs School. After completing his school, he went to Stanford University to study computer science. But in 2005, after one year of studying at Standford University, he left the university without completing his computer degree.
Career:
Loopt: Altman started his career as an entrepreneur and co-founded a mobile-based social media application ‘Loopt’ in 2005. He worked in this company as CEO and raised $30 million for this company but the company failed. The company was acquired by Green Dot Corporation for $43.4 million in 2012.
Hydrazine Capital: After the acquisition of Loopt, Altman founded a new company Hydrazine Capital with his brother Jack Altman in March 2012.
Y Combinator & OpenAI: Altman joined as a partner at Y Combinator in 2011 and became the President of this company in 2014. In that time the total valuation of Y Combinator companies was more than $65 billion.
In 2015 Altman co-founded OpenAI, a non-profit artificial intelligence company with Greg Brockman, Elon Musk, Jessica Livingston, Peter Thiel, Microsoft, Amazon Web Services, Infosys, and YC Research. Altman started working as CEO of OpenAI in March 2019 and left the YC group. On 17th November 2023, he was removed from the OpenAI as CEO. But OpenAI faced very strong opposition to this decision from the team and on 22nd November 2023, the company announced that Altman had returned as CEO.
Social Media Profile
Is Sam Altman a billionaire?
As per his current financial data, there is no evidence that Altman is a billionaire. But obviously, he is a millionaire and a future billionaire.
Is Sam Altman a gay?
Yes, Sam Altman is gay and he came out as gay at the age of 16. He had a nine-year-long relationship with Loopt co-founder Nick Sivo. They broke up the relationship in 2012 when the Loopt company was acquired. Currently, he is dating Oliver Mulherin, an Australian software engineer.
Who is the Wife of Sam Altman?
As Sam Altman is gay, he has no female partner or wife. He is unmarried but has a gay boyfriend. His gay partner’s name is Oliver Mulherin.
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