History of Sam Altman in Timeline

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Sam Altman

Sam Altman is an American entrepreneur, investor, and the current CEO of OpenAI, a leading artificial intelligence research and deployment company. Taking the helm in 2019, he has been a central figure in the rapid advancement and increasing prominence of AI. Altman's leadership at OpenAI has coincided with breakthroughs in generative AI models, pushing the boundaries of what's possible and shaping the ongoing discussion about the future of artificial intelligence. He is regarded as a key voice in navigating the opportunities and challenges presented by this transformative technology.

April 22, 1985: Samuel Altman's Birth

On April 22, 1985, Samuel Harris Altman was born. He is now known as an American entrepreneur, investor, and CEO of OpenAI.

Others born on this day/year

1989: Family moved to Clayton, Missouri

In 1989, the Altman family relocated to Clayton, Missouri, which was Jerry Altman's hometown.

2005: Drops out of Stanford University

In 2005, after two years of studying computer science, Sam Altman dropped out of Stanford University without completing his degree.

2005: Co-founded Loopt

In 2005, at age 19, Sam Altman co-founded Loopt, a location-based social networking mobile application. He raised over US$30 million in venture capital for the company.

2011: Partner at Y Combinator

In 2011, Sam Altman became a partner at the startup accelerator Y Combinator (YC), initially on a part-time basis.

March 2012: Acquisition of Loopt by Green Dot Corporation

In March 2012, Loopt was acquired by the Green Dot Corporation for $43.4 million after failing to gain significant user traction.

April 2012: Co-founded Hydrazine Capital

In April 2012, Sam Altman co-founded Hydrazine Capital with his brother, Jack Altman. The initial fund was $21 million.

February 2014: President of Y Combinator

In February 2014, Sam Altman became president of Y Combinator, aiming to expand its funding and focus on hard technology startups.

2014: CEO of Reddit

For eight days in 2014, Sam Altman served as the CEO of Reddit after Yishan Wong resigned.

2014: President of Y Combinator

In 2014, Altman became the president of Y Combinator, taking on a leadership role in guiding and funding startups.

July 10, 2015: Steve Huffman Returns as Reddit CEO

On July 10, 2015, Sam Altman announced the return of Steve Huffman as CEO of Reddit.

October 2015: Expanding Y Combinator's Scope

In October 2015, Sam Altman was involved in expanding Y Combinator's scope, contributing $10 million to the initial fund of Y Combinator Research and announcing YC Continuity, a fund to invest in maturing YC companies.

2015: OpenAI Launched as Nonprofit

In 2015, OpenAI was launched as a nonprofit organization with pledges for $1 billion, co-founded by Sam Altman, Greg Brockman, Elon Musk, Jessica Livingston, Peter Thiel, Microsoft, Amazon Web Services, Infosys and YC Research.

2015: Concerns about AI safety

In 2015, Sam Altman stated that his motivation was partly due to concerns about AI safety and the existential risk from artificial general intelligence. He anticipated a decades-long project to surpass human intelligence.

September 2016: President of YC Group

In September 2016, Sam Altman's role at YC expanded to president of YC Group, which included Y Combinator and other units.

2016: Attended Bilderberg Meeting

In 2016, Sam Altman was invited to attend the Bilderberg Meeting, a high-level informal conference.

2018: Musk Resigned from OpenAI Board

In 2018, Elon Musk, a friend of Altman's, resigned from his Board of Directors seat at OpenAI due to a potential future conflict of interest related to Tesla's AI development for self-driving cars.

March 2019: Left Y Combinator

In March 2019, Sam Altman left Y Combinator to focus full-time as CEO of OpenAI.

March 2019: Transition from YC President to Chairman

In March 2019, YC announced Sam Altman's transition from president to chairman of the board, enabling him to focus on OpenAI. This came shortly after YC announced its headquarters would move to San Francisco.

2019: OpenAI Funding

In 2019, OpenAI stated that $130 million of the pledged funds had been collected.

2019: Appointment as OpenAI CEO

In 2019, Sam Altman became the CEO of OpenAI, solidifying his role in the artificial intelligence sector.

2019: Co-founded Tools For Humanity

In 2019, Sam Altman co-founded the for-profit company Tools For Humanity.

2020: No longer affiliated with YC

By early 2020, Sam Altman was no longer affiliated with YC. It was later revealed that he had falsely claimed the board chair title.

March 2021: Co-founded AltC Acquisition Corp

In March 2021, Sam Altman co-founded AltC Acquisition Corp, a special-purpose acquisition company (SPAC), and served as its CEO.

2021: Investment in Reddit Funding Round

In 2021, Sam Altman invested in a Reddit funding round.

December 2022: Launch and Reception of ChatGPT

In December 2022, OpenAI, under Sam Altman, received widespread media coverage after launching a free preview of ChatGPT, which received over a million signups within five days.

2022: ChatGPT Launch

In 2022, OpenAI, under Altman's leadership, launched ChatGPT, a highly successful AI chatbot.

2022: Attended Bilderberg Meeting

In 2022, Sam Altman was invited to attend the Bilderberg Meeting, a high-level informal conference.

2022: Remained on Reddit's board until 2022

Sam Altman remained on the Reddit board until 2022.

March 2023: Response to SVB Crisis

During the depositor run on Silicon Valley Bank in mid-March 2023, Sam Altman provided capital to multiple startups.

May 2023: World Tour after ChatGPT Success

In May 2023, following the success of ChatGPT, Sam Altman undertook a world tour, visiting 22 countries and meeting with multiple leaders and diplomats. Altman was also named one of Time magazine's 100 most influential people.

May 16, 2023: Testified Before Senate Subcommittee

On May 16, 2023, Sam Altman testified before the United States Senate Judiciary Subcommittee on Privacy, Technology and the Law regarding AI oversight.

November 2023: Helen Toner explained the board's rationale for firing Altman

In May 2024, former board member Helen Toner explained the board's rationale for firing Altman in November 2023. She stated that Altman had withheld information, for example by not informing the board in advance of ChatGPT's release and by not disclosing his ownership of OpenAI's startup fund. She also alleged that two executives in OpenAI had reported "psychological abuse" from Altman, and provided screenshots and documentation to support their claims.

November 17, 2023: Removal as CEO of OpenAI

On November 17, 2023, OpenAI's board announced the decision to remove Sam Altman as CEO, citing that he "was not consistently candid in his communications".

November 21, 2023: Return as CEO of OpenAI

On November 21, 2023, Sam Altman returned to OpenAI as CEO, with a reconstructed board consisting of Bret Taylor (as chairman) and Lawrence Summers, with Adam D'Angelo remaining.

2023: Projected OpenAI Revenue

According to anonymous sources cited by Reuters in December 2022, OpenAI Global, LLC was projecting $200 million of revenue in 2023.

2023: Scanned two million people's eyes and raised $250 million

By 2023, Tools For Humanity, co-founded by Sam Altman, had scanned two million people's eyes and raised $250 million from several investors.

2023: Attended Bilderberg Meeting

In 2023, Sam Altman was invited to attend the Bilderberg Meeting, a high-level informal conference.

2023: Ousted and Reinstated as CEO of OpenAI

In 2023, Sam Altman was ousted 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 after significant backlash from employees and investors, leading to the formation of a new board.

2023: Hydrazine Launched its fourth fund

In 2023, when Hydrazine launched its fourth fund, the University of Michigan endowment was the only outside investor.

February 2024: Musk Sued OpenAI and Altman

In February 2024, Elon Musk sued OpenAI and Sam Altman, alleging they breached the company's founding agreement by prioritizing profit over the benefit to humanity. OpenAI executives, including Altman, dismissed the claims.

March 2024: Debuted on Bloomberg Billionaires Index

In March 2024, Sam 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.

May 2024: Oklo Inc. completed a merger with AltC Acquisition Corp

In May 2024, Oklo Inc. completed a merger with the SPAC, AltC Acquisition Corp, which Altman co-founded, to become a public company. Altman remained as chairman of Oklo following the merger.

May 2024: Accusations of Lying and Misconduct

In May 2024, Sam Altman was accused of lying when claiming to be unaware of OpenAI's non-disparagement agreements, and former board member Helen Toner explained the board's rationale for firing Altman in November 2023, alleging withheld information and psychological abuse.

June 2024: Investment Portfolio and Potential Conflicts of Interest

As of June 2024, Sam 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, raising questions about potential conflicts of interest.

2024: Projected OpenAI Revenue

According to anonymous sources cited by Reuters in December 2022, OpenAI Global, LLC was projecting $1 billion in revenue in 2024.

2024: Third-largest Shareholder in Reddit

Prior to Reddit's initial public offering in 2024, Sam Altman was listed as its third-largest shareholder, with around 9% ownership.

April 2025: Chairman of Helion Energy and Oklo

As of April 2025, Sam Altman served as chairman of clean energy companies Helion Energy and Oklo.

April 2025: Stepping down as Chairman of Oklo Inc.

In April 2025, Sam Altman stepped down as chairman of Oklo to "avoid conflict of interest" and "open up opportunities for future deals between OpenAI and Oklo."

July 2025: Estimated Net Worth

As of July 2025, Sam Altman's net worth is estimated to be US$1.8 billion.