OpenAI CEO Sam Altman Pledges Majority of Wealth to Philanthropy

Sam Altman pledges to give away most of his fortune by signing the Giving Pledge.

  • Sam Altman pledges to give away most of his fortune by signing the Giving Pledge.
  • Altman and his partner, Oliver Mulherin, aim to support technological advancements for societal benefit.
  • Altman joins other high-profile billionaires like Elon Musk and Mark Zuckerberg in this philanthropic commitment.

OpenAI CEO Sam Altman has pledged to donate the majority of his wealth to philanthropic causes by signing the Giving Pledge. Altman, who recently became a billionaire, made this commitment alongside his partner, Oliver Mulherin. The Giving Pledge, created by Bill Gates, Melinda French Gates, and Warren Buffett, encourages the world’s wealthiest individuals to dedicate their fortunes to charitable endeavors.

In their pledge letter, Altman and Mulherin expressed gratitude for the societal structures that enabled their success, stating they aim to “build the scaffolding up a little higher.” They plan to focus their giving on technological advancements that promote widespread abundance.

Altman, despite his role at OpenAI, holds no equity in the company. His wealth comes from investments in companies like Reddit and Stripe, and ventures in nuclear energy, biotechnology, and real estate. By signing the Giving Pledge, Altman joins notable figures like MacKenzie Scott, Reid Hoffman, and Mark Zuckerberg, highlighting a trend among billionaires to use their wealth for social good.