Altman’s OpenAI Fortune May Hit $10 Billion If He Gets Stake (1)

Sept. 26, 2024, 10:30 PM UTC

A lot is in flux at OpenAI. There are plans to possibly rethink its nonprofit status, an ongoing fundraising that may almost double its valuation, and discussions to give Chief Executive Officer Sam Altman an equity stake - all against a backdrop of senior departures.

Depending on how the situation unfolds, Altman, already a billionaire, may emerge from it a much richer man.

If the fundraising - which people familiar with the matter say values OpenAI at $150 billion - succeeds, and Altman ends up with a 7% stake, his fortune may soar by more than $10 billion, according ...

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