Samuel Harris Altman is an American entrepreneur and investor best known as the CEO of OpenAI since 2019.Sam Altman Net Worth is $500 Million – $700 Million as per 2024.As CEO, Altman raised more than $30 million in venture money for the startup; however, Loopt was unable to generate traction with enough consumers. Green Dot Corporation paid $43.4 million for the company in March 2012.The next month, he co-founded Hydrazine Capital with his brother, Jack Altman.
Interestingly, it was made public in March 2023 that Sam Altman did not own any shares in OpenAI. That seems he did not gain greatly from the company’s rising private valuation.Sam Altman was sacked from OpenAI on Friday, November 17, 2023. Following a disorganized weekend of back-and-forth boardroom struggles, Sam returned to his position as CEO late on November 21st.
Sam Altman Net Worth
Sam Altman has an estimated Net Worth of between $500 Million – $700 Million in 2024 as per Forbes.He earn a great fortune from his career as American entrepreneur and investor.
| Name | Sam Altman |
| Net Worth | $500 Million – $700 Million |
| Income / Salary | $50 Million – $100 Million |
| Income Source | American entrepreneur and investor |
| Last Update | 2024 |
Sam Altman Earnings and Assets
According to records reviewed by Business Insider, Sam Altman, the former Y Combinator president, went on an extraordinary 18-month, $85 million real-estate shopping spree, including a previously unreported $43 million Hawaii estate on land that locals describe as historically significant.
The purchases, which included multimillion-dollar homes in San Francisco and Napa, California, occurred between early 2020 and mid-2021, when Altman was raising funds for his eyeball-scanning cryptocurrency startup, Worldcoin, and releasing OpenAI products in private beta, according to BI’s review of business and real-estate filings.
Sam Altman Net Worth Growth
| Sam Altman Net Worth in 2024 | $500 Million |
| Sam Altman Net Worth in 2023 | $400 Million |
| Sam Altman Net Worth in 2022 | $300 Million |
| Sam Altman Net Worth in 2021 | $200 Million |
| Sam Altman Net Worth in 2020 | $100 Million |
Sam Altman Professional Career
Sam Altman co-founded Loopt in 2005, when he was only 19 years old, and later became its CEO. The company offered a geo-social networking mobile application that allowed users to choose share their locations with others. Despite Altman raising more than $30 million in venture money for Loopt, the company was shut down in 2012 due to a lack of traction. It was subsequently bought by Green Dot Corp.
Altman became a partner at Y Combinator, a startup accelerator that invests in a variety of firms, in 2011, after working there part-time.Paul Graham, the co-founder of Y Combinator, appointed Altman as its president in February 2014.
In September 2016, Altman announced his expanded role as president of YC Group, which included Y Combinator and additional divisions.Altman stated that he wants to develop Y Combinator to invest 1,000 new startups each year. He also attempted to broaden the types of firms supported by YC, particularly “hard technology” startups.
Altman, Greg Brockman, Elon Musk, Jessica Livingston, Peter Thiel, Microsoft, Amazon Web Services, Infosys, and YC Research provided the original funding for OpenAI. When OpenAI first started in 2015, it raised $1 billion.In March 2019, Sam Altman departed Y Combinator to focus solely on OpenAI as CEO.
Altman, Greg Brockman, Elon Musk, Jessica Livingston, Peter Thiel, Microsoft, Amazon Web Services, Infosys, and YC Research provided the original funding for OpenAI. When OpenAI first started in 2015, it raised $1 billion. In March 2019, Sam Altman departed Y Combinator to focus solely on OpenAI as CEO. By the summer of 2019, he provided $1 billion to Microsoft.
In 2023, Altman was named one of the 100 most influential people in the world and CEO of the Year by Time magazine, one of the “Best Young Entrepreneurs in Technology” by Businessweek in 2008, and the best investor under 30 by Forbes magazine in 2015.Altman was invited to attend the Bilderberg Meetings in 2016, 2022, and 2023.According to Walter Isaacson, Altman possessed “Musk-like intensity,” which was essential in the formation of OpenAI in collaboration with Elon Musk.
