Sam Altman became the face of the artificial intelligence craze through his role as chief executive officer of OpenAI. But his wealth goes far beyond the startup behind ChatGPT.
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00:00 Sam Allman became the face of the AI craze thanks to his role as OpenAI's CEO.
00:05 But his wealth goes far beyond the startup behind ChatGPT.
00:08 The 38-year-old is worth at least $2 billion according to Bloomberg Billionaires Index,
00:13 which is valuing his fortune for the first time.
00:16 That figure doesn't include any stake in OpenAI, which was recently valued at $86 billion.
00:22 Allman also invests in an array of companies that don't disclose his precise stake
00:26 and are not included in Bloomberg's wealth calculation.
00:29 The bulk of his traceable net worth comes from $1.2 billion invested in a set of venture capital funds.
00:36 He has an additional $434 million in funds at Apollo Projects,
00:40 led a $500 million investment round in nuclear fusion company Helion Energy,
00:46 and invested $180 million in RetroBiosciences,
00:50 which is working on lengthening the average human lifespan by 10 years.
00:54 Allman won't receive any financial benefit from the OpenAI startup fund,
00:58 which raised $175 million to stakes in early-stage AI companies.
01:03 Although regulatory findings show Allman owns more than 75% of the fund,
01:07 he hasn't invested his own money and won't profit from its gains.