Samuel Harris Altman is an entrepreneur, investor, and programmer of an American origin. He is known for being the CEO of OpenAI and the former co-founder of Loopt. With multiple ventures, Samuel Altman is popular for having a staggering net worth. Meanwhile, in this write-up, know about Samuel Altman’s net worth and the expensive possessions he owns.
Samuel Harris Altman Net Worth
Samuel is named among the remarkable investors and is expected to have a staggering net worth. While some sources claim that Altman has a staggering net worth of $250 million, other sources claim that Samuel has a towering net worth of $500 million. Additionally, most of his wealth comes from the equity ownership in companies he backs.
Although Samuel owns an expensive collection of cars, he believes in saving and uses an Uber for affordable rides. Additionally, Samuel, in a media interaction, revealed owning 5 sports cars, which include two McLarens and Tesla Roadster.
Talking about his properties, Samuel resides in San Francisco’s Russian Hill neighborhood and owns a weekend home in Napa, California.
Moreover, Altman is a prepper (a person who believes that a claustrophobic disaster will take placshortlyre and prepares for it). In a media interaction in 2016, he admitted to owning guns, gold, potassium iodide, antibiotics, batteries, water, gas masks from the Israeli Defense Force, and a big patch of land in Big Sur he can fly to.
Credit: wikipedia.org
Career
Early Career-Education
Born in a Jewish family on April 22, 1985 (age 38 years; as of 2023) in Chicago, Illinois, Sam Altman received his schooling at John Burroughs School.
Soon after completing his higher secondary education, he attended Stanford University where he pursued a course in Computer Science. Nevertheless, he dropped out without receiving his Bachelor’s degree.
The Foundation of Loopt
Soon after dropping out of Stanford, Altman co-founded Loopt, a location-based social networking application. As the CEO of Loopt, Altman raised more than $30 million for the company. However, a few years later, the company failed to impress users
In 2012, the social networking company was acquired by the Green Dot Corporation.
Later, soon after a month, Altman went on to co-found Hydrazine Capital with his brother, Jack Altman.
Y Combinator
In 2011, Samuel Altman became a partner at Y Combinator. Later, in 2014, Altman was announced as the president of Y Combinator.
In 2016, Samuel made a self-announcement to expatriate his role as president at YC Group, which included Y Combinator and other units.
Later, in early 2020, Samuel announced his no-association with Y Combinator. Nevertheless, he decided to depart to focus on AI.
Open AI
Soon after he resigned from Y Combinator, Samuel started focussing on Open AI as its CEO.
Meanwhile, Open AI was initially funded by personalities like Altman, Greg Brockman, Elon Musk, Jessica Livingston, Peter Thiel, Microsoft, Amazon Web Services, Infosys, and YC Research.
Investor
Besides being a prominent entrepreneur, Samuel is a budding investor.
Additionally, Samuel’s portfolio companies include Airbnb, Stripe, Reddit, Asana, Pinterest, Teespring, Shoptiques, Instacart, Optimizely, Verbling, Soylent, and Retro Biosciences.
Samuel Harris Altman, One of the Few Openly Gay CEOs
For those who were unaware of the fact, Altman came out as gay at the early age of 19. Meanwhile, he previously dated Loopt’s Co-founder Nick Sivo for nine long years. Nevertheless, they separated after the company was acquired in 2012. Meanwhile, as of 2023, Altman is dating Oliver Mulherin, an Australian Software Engineer.
Do You Know These Lesser Known Facts About Samuel Altman?
Although he is the CEO of Open AI, he doesn’t hold a single stake in the company.
Samuel Altman is a vegetarian. Additionally, in his leisure time, he likes to do farming.
Samuel came out as a homosexual to his parents soon after hitting adolescence.
Passionate with computers, Samuel received his first computer at eight years old.
Besides being an entrepreneur and investor, Samuel is a philanthropist and politician. Meanwhile, during the COVID-19 pandemic, Altman assisted in funding and helped researchers to immediately launch clinical trials.
In 2023, Samuel Altman was named one of the most influential people in the world by Time magazine. Additionally, he was one of the Best Young Entrepreneurs in Technology by Businessweek in 2008.
Meanwhile, in 2017, Altman received an honorary doctorate of Engineering at the University of Waterloo.
Samuel Altman served as the CEO of Reddit for eight days.
When Altman was 16, he had an Apple Macintosh computer.