Sam Altman is an American entrepreneur, investor, and the CEO of OpenAI since 2019. He is recognized as a prominent figure in the rise of artificial intelligence. Altman's leadership at OpenAI has placed him at the forefront of AI development and its implications, influencing the direction and pace of innovation in the field.
On April 22, 1985, Sam Altman was born in Chicago, Illinois, into a Jewish family. He grew up in St. Louis, Missouri.
On April 22, 1985, Samuel Harris Gibstine Altman was born. He would later become an American entrepreneur, investor, and CEO of OpenAI.
In 2005, after studying computer science for two years at Stanford University, Altman dropped out without earning a bachelor's degree.
In 2005, at the age of 19, Altman co-founded Loopt, a location-based social networking mobile application. He raised more than US$30 million in venture capital for the company.
In 2011, Altman became a partner at startup accelerator Y Combinator (YC), initially working on a part-time basis.
In March 2012, after failing to gain significant user traction, Loopt was acquired by the Green Dot Corporation for $43.4 million.
In April 2012, Altman co-founded Hydrazine Capital with his brother, Jack Altman. The initial $21 million fund included a large part of the $5 million he got from selling Loopt, but most came from Peter Thiel.
In February 2014, Altman became president of Y Combinator, aiming to expand its funding and broaden the types of companies funded, particularly focusing on "hard technology" startups.
In 2014, Altman became the president of Y Combinator, solidifying his position in the startup world.
In 2014, Altman was the CEO of Reddit for eight days and invested in multiple rounds of funding for Reddit.
On July 10, 2015, Altman announced the return of Steve Huffman as CEO of Reddit.
In October 2015, Altman contributed $10 million to the initial fund of Y Combinator Research and announced YC Continuity, a fund to invest in maturing YC companies, expanding YC's scope.
In 2015, Altman stated that they were partly motivated by concerns about AI safety and existential risk from artificial general intelligence, expecting a decades-long project that eventually surpasses human intelligence.
In September 2016, Altman's role at YC expanded to president of YC Group, which included Y Combinator and other units.
In 2016, Altman was invited to attend the Bilderberg Meeting.
In 2018, Musk, a long-time personal friend of Altman's, resigned from his Board of Directors seat, citing a potential future conflict of interest with his role as CEO of Tesla due to Tesla's AI development for self-driving cars.
In March 2019, Altman left Y Combinator to focus full time as CEO of OpenAI, planning to spend $1 billion "within five years, and possibly much faster".
In March 2019, YC announced Altman's transition from president to a less hands-on role as chairman of the board, allowing him to focus on OpenAI.
In 2019, Altman became CEO of OpenAI. He oversaw the successful launch of ChatGPT in 2022.
In 2019, Altman co-founded Tools For Humanity, which promoted the Worldcoin cryptocurrency and eye scanning systems.
In 2019, OpenAI stated that $130 million of the pledged funds had been collected.
In 2019, Sam Altman became the CEO of OpenAI, marking a significant career milestone. Since then, he is considered one of the leading figures of the AI boom.
As of early 2020, Altman is no longer affiliated with YC.
In March 2021, Altman and investment banker Michael Klein co-founded AltC Acquisition Corp, a special-purpose acquisition company (SPAC), where he was also the CEO.
In 2021, Altman invested in multiple rounds of funding for Reddit.
In December 2022, OpenAI received widespread media coverage after launching a free preview of ChatGPT, a new AI chatbot based on GPT-3.5, receiving over a million signups within the first five days.
In 2022, Altman remained on Reddit's board until that year.
In 2022, Altman was invited to attend the Bilderberg Meeting.
In 2022, as CEO, Altman oversaw the successful launch of ChatGPT.
After the success of ChatGPT, Altman made a world tour in May 2023, during which he visited 22 countries and met multiple leaders and diplomats, being named one of the 100 most influential people in the world by Time magazine.
On May 16, 2023, Altman testified before the United States Senate Judiciary Subcommittee on Privacy, Technology and the Law about issues of AI oversight.
In November 2023, former board member Helen Toner explained the board's rationale for firing Altman, stating that Altman had withheld information and that two executives in OpenAI had reported "psychological abuse" from Altman.
On November 17, 2023, OpenAI's board announced their decision to remove Altman as CEO and Greg Brockman from the board, citing that Altman "was not consistently candid in his communications."
On November 21, 2023, Altman and Brockman returned to OpenAI in their prior roles along with a reconstructed board made up of new members Bret Taylor and Lawrence Summers, with D'Angelo remaining.
According to Reuters in December 2022, OpenAI Global, LLC was projecting $200 million of revenue in 2023.
By 2023, Tools For Humanity had scanned two million people's eyes and raised $250 million from investors.
In 2023, Altman was invited to attend the Bilderberg Meeting.
In 2023, Altman was ousted from his role as CEO of OpenAI by the company's board due to a lack of confidence in his leadership. However, he was reinstated five days later following significant backlash from employees and investors, after which a new board was formed.
In 2023, when Hydrazine launched its fourth fund, the University of Michigan endowment was the only outside investor.
In February 2024, Musk sued OpenAI and Altman, alleging they broke the company's founding agreement by prioritizing profit over benefit to humanity. OpenAI executives dismissed these claims.
In March 2024, Altman debuted on the Bloomberg Billionaires Index with an estimated net worth of $2 billion, primarily from his venture capital funds related to Hydrazine Capital.
In May 2024, Oklo Inc. completed a merger with AltC Acquisition Corp to become a public company.
In May 2024, after OpenAI's non-disparagement agreements were exposed, Altman was accused of lying about awareness of equity cancellation provision. Also in May, the board's rationale for firing Altman in November 2023 was revealed.
As of June 2024, Altman's investment portfolio includes stakes in over 400 companies, valued at around US$2.8 billion. Some of these investments intersect with companies doing business with OpenAI, which has raised questions about potential conflicts of interest.
According to Reuters in December 2022, OpenAI Global, LLC was projecting $1 billion in revenue in 2024.
Prior to Reddit's initial public offering in 2024, Altman was listed as its third-largest shareholder, with around nine percent ownership.
In April 2025, Altman stepped down as chairman of Oklo to avoid conflicts of interest and open up opportunities for future deals between OpenAI and Oklo.
Until April 2025, Altman served as chairman of clean energy companies Helion Energy and Oklo.
As of July 2025, Altman's net worth is estimated at US$1.8 billion.
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