OpenAI CEO Sam Altman’s investments are worth at least $2.8 billion
From Quartz: 2024-06-03 12:08:00
Sam Altman, CEO of OpenAI, earns an average American salary but makes billions from his investements in Reddit, Airbnb, Airbnb, and Stripe. The Wall Street Journal’s report raises concerns about conflicts of interest between Altman’s personal investments and OpenAI deals. Altman was briefly ousted in 2023 for lack of transparency.
Despite concerns, OpenAI’s board has faith in Altman, stating that he is fully focused on his role as CEO and potential conflicts of interest are carefully managed. The board ensures the best outcomes for OpenAI by reviewing all potential conflicts involving directors and officers. Altman’s investments include Reddit and Airbnb, among others.
Read more at Quartz: OpenAI CEO Sam Altman’s investments are worth at least $2.8 billion