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OpenAI's Sam Altman Is Officially a Billionaire

Apr 09, 2024 - techtimes.com
Sam Altman, CEO of OpenAI, has been declared a billionaire by Forbes, primarily due to his investments in startups like Reddit and Stripe, and not from his equity in OpenAI. Altman is also involved in talks to secure $1 billion in funding for a new consumer product powered by OpenAI's technology, dubbed the "iPhone of AI".

In other news, Mark Zuckerberg and Elon Musk are vying for the third position on the Bloomberg Billionaires Index. As of the time of writing, Musk has reclaimed the third spot with a net worth of $186 billion, slightly ahead of Zuckerberg's $184 billion. The top two positions are held by Jeff Bezos and Bernard Arnault.

Key takeaways:

  • Sam Altman, the CEO of OpenAI, has become a billionaire, primarily due to his investments in startups like Reddit and Stripe, and not from his equity ownership in OpenAI.
  • Altman is in advanced talks with various venture capital firms to secure $1 billion in funding for a new consumer product powered by OpenAI's technology.
  • Mark Zuckerberg and Elon Musk are competing for the third position on the Bloomberg Billionaires Index, with their net worths at $184 billion and $186 billion respectively.
  • Taylor Swift has also been announced as an official billionaire by Forbes due to her record album sales and her highly popular "The Eras Tour".
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