From RTT News: 2024-04-09 04:21:00

Sam Altman, CEO of OpenAI and developer of ChatGPT, is now a billionaire, according to Forbes. Altman’s wealth mostly comes from startup investments, including Reddit and Stripe. He dropped out of Stanford to start Loopt and later joined Y Combinator. Altman cofounded OpenAI with Elon Musk in 2015.

Forbes estimated Altman’s net worth to be $1 billion. Altman made bold bets as an investor and was comfortable with taking risks. He started investing at a young age, became a partner at YC in 2011, and sold Loopt for $43 million in 2012. Altman led Y Combinator as president and cofounded OpenAI in 2015.

Altman was ousted as CEO of OpenAI due to communication issues. After being reinstated, a Special Committee found no reason for his removal. Microsoft Corp. is OpenAI’s largest investor. Altman’s journey from startup founder to billionaire investor is marked by bold decisions and a passion for technology.

Altman’s contributions to the tech industry and investment world have cemented his place as one of the world’s richest people. His experience with startups and venture capital has been instrumental in the success of companies like OpenAI. Despite challenges, Altman remains focused on using AI for the benefit of humanity.



Read more at RTT News: OpenAI CEO Sam Altman In Forbes’ Billionaire List