How ChatGPT maker OpenAI CEO Sam Altman’s “no equity” statement to US Senate may change, making him one of the richest person in the world
ChatGPT-maker OpenAI‘s board is reportedly planning to restructure its core business into a for-profit benefit corporation, giving CEO Sam Altman an equity stake. According to a report by Bloomberg, Altman, who is already a billionaire, may emerge from it a much richer man, depending on how the situation unfolds. Quoting sources familiar with the matter, the report says that if the fundraising “values OpenAI at $150 billion” and if “Altman ends up with a 7% stake, his fortune may soar by more than $10 billion”, adding that this “would land him among the world’s very richest people.”