Altman without shares in OpenAI
Altman, who is also a co-founder OpenAI also said that has not received (and does not currently own) any shares of the company when it was founded in 2015. From the very beginning, his priority was to obtain a key position in the dynamically developing AI industry.
“It’s my childhood dream job,” Altman said. He always wanted to develop artificial intelligence and work with the smartest researchers in the world. “It’s a crazy adventure,” he added.
OpenAI as a non-profit company
OpenAI is a non-profit company with a separate profit-oriented part. It is the latter that Altman manages. He turned down a stake in the company because it needed a majority of non-shareholders on its board to obtain nonprofit status. Altman emphasizes that he wants to separate his professional and private interests – we read further in CNBC.
How much net worth does Sam Altman have?
OpenAI was valued at $157 billion. Altman probably doesn’t need the money, though.
He is the former president of technology startup accelerator Y Combinator, a his net worth (assets) is estimated at $1.1 billion. Altman is a shareholder in companies such as Stripe, Reddit and Helion, a company operating in the field of nuclear fusion development.
How much do Bezos and Musk “earn”?
Altman’s approach to compensation at OpenAI is unusual. CEOs of large companies are often significant owners, and if not, they are paid handsomely. Jeff Bezos for example, the CEO of Amazon draws a salary of only $81,840. annually. But so what if the Amazon shares he owns are valued at $242.6 billion. It’s hard to find a better definition of someone who “works on their own.” Elon Musk recently received $56 billion from Tesla. as part of a special package of additional remuneration for employees. This is the largest bonus of this type for managers of listed companies in history.
