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Sam Altman Could Be Worth $13B as OpenAI Seeks Restructuring

5 1
04.10.2024

OpenAI CEO Sam Altman, who has famously claimed he doesn’t own any equity in the $157 billion A.I. company he runs, could soon be a multibillionaire as OpenAI is reportedly looking to grant him a 7 percent equity stake, worth $11 billion, according to Reuters. While Altman denied the report, OpenAI chairman Bret Taylor issued a statement saying the company’s board indeed had discussions about “whether it would be beneficial to the company and our mission to have Sam be compensated with equity, but no specific figures have been discussed nor have any decisions been made.”

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The pressure to give Altman equity likely came from external investors. Fortune reported on last week that OpenAI investors are “pushing hard” for him to have skin........

© Observer


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