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  1. That boost on top of the possible new equity could add more than $10 billion to Altman’s net worth, according to the Bloomberg Billionaires Index, vaulting him into the ranks of the world’s ...

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  3. 3 hours ago · The $10 billion estimated value of Altman's potential 7% stake assumes that OpenAI's $150 billion valuation - if the round closes - represents only the total worth of its shares and doesn't ...

  4. 2 hours ago · Altman, who cofounded the company in 2015, has not taken a stake in OpenAI up to this point. Already a billionaire from his multiple startup investments, Altman has previously stated that he chose not to take shares in OpenAI because the board needed a majority of disinterested directors with no stake in the company.

  5. 9 hours ago · Rivian reveals first $10M in grants for long-promised Rivian Foundation. Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, three years after the EV maker vowed ...

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  6. 3 hours ago · Reuters recently reported that the company is working on plans to convert into a for-profit benefit corporation while keeping a minority stake for its non-profit board. This move could bring about massive financial gains, with Bloomberg suggesting Altman could receive a 7% stake, potentially increasing his net worth by $10 billion.

  7. 9 hours ago · In its Internal Revenue Service filings for the 2021-22 school year, Exeter reported total assets of $1.91 billion, net assets of $1.71 billion, investment holdings of $1.22 billion, and cash holdings of $242.6 million.

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