Meet the Newest Billionaire on the Forbes 400 from OpenAI

**Greg Brockman: The Unexpected Billionaire from OpenAI’s Ranks**

In a twist that seems straight out of a tech thriller, Greg Brockman, the co-founder of OpenAI, has landed a spot as the richest newcomer on this year’s Forbes 400 list, with a staggering net worth of approximately $25.5 billion. This news made waves in the tech world, especially since it was not Sam Altman, the company’s current chief, who snagged the headline. Brockman’s meteoric rise to wealth is as captivating as the technology he helped create.

Back in August 2017, Brockman was jotting down his thoughts in a journal, musing about what it would take to reach billionaire status. At that time, OpenAI was still a nonprofit, and its founders were grappling with serious decisions that would determine its future direction. Fast forward nine years, and Brockman’s personal reflections became pivotal evidence in a legal showdown with Elon Musk, who claimed he was misled regarding OpenAI’s transformation from a nonprofit into a for-profit entity. Brockman expressed that he wanted the extensive effort he poured into OpenAI to yield significant returns, and indeed, it has.

Today, Brockman’s wealth surpasses that of many high-profile figures, including Fox News mogul Rupert Murdoch. His fortune largely stems from his stake in OpenAI, which, during the recent trial, he revealed is worth between $20 billion and $30 billion. This colossal valuation positions him significantly above Sam Altman, who has no equity in OpenAI and is worth a mere $3.3 billion—chump change in comparison to Brockman’s bounty.

Brockman’s journey to riches began in the humble surroundings of Thompson, North Dakota, where he was raised among three siblings by two doctors. His passion for math and science showed early. After briefly attending Harvard, he dashed off to MIT, where he quickly dropped out once again. He took a leap of faith and became the fourth employee and chief technology officer at a small payment startup turning into Stripe. In 2015, he left Stripe, still holding a substantial $471 million stake, to dive headfirst into the AI world, co-founding OpenAI and from there, began his impressive climb.

Aside from his astonishing financial ascent, Brockman has also faced his fair share of challenges. As OpenAI skyrocketed into the spotlight with the rise of ChatGPT, much of its leadership has seen significant turnover, prompting questions about stability within the company. Those leaving include heads of departments vital to OpenAI’s operational bedrock. Yet through it all, Brockman has solidified his role as second-in-command, dedicated to steering the computing infrastructure and product business forward.

In a truly dramatic turn of events, after a surprising board decision to oust Altman, Brockman resigned within hours, risking his equity for an allegiance that speaks volumes about his character. Together with Altman, he remains one of the few original co-founders still actively steering OpenAI’s ambitious ship, even as the company gears up for a much-anticipated IPO.

With rumors swirling and the stakes at an all-time high, Brockman’s journey is more than just a tale of financial triumph; it’s a reflection of how navigating the unpredictable waters of the tech world can lead to unimaginable success. For many, his rise from a small-town boy to one of the wealthiest individuals on the planet is a story to inspire the young dreamers still searching for their path. As Brockman continues to thrust OpenAI into new realms, the world is watching, eagerly anticipating what the future holds.

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Keith Jacobs

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