OpenAI CEO pledges with his partner to give away most of his wealth

OpenAI CEO, Sam Altman has joined billionaires who have pledged to give away the majority of their wealth. Sam Altman, who recently achieved billionaire status, signed the Giving Pledge with his partner, Oliver Mulherin. Sam Altman does not hold equity in OpenAI, but his wealth comes from his diverse investment portfolio which includes stakes in companies like Reddit and Stripe.

“We would not be making this pledge if it weren’t for the hard work, brilliance, generosity, and dedication to improve the world of many people that built the scaffolding of society that let us get here,” Altman and Mulherin said in a statement, which is available on the charitable campaign’s website.

“There is nothing we can do except feel immense gratitude and commit to pay it forward, and do what we can to build the scaffolding up a little higher. We intend to focus our giving on supporting technology that helps create abundance for people, so that they can then build the scaffolding even higher,” the statement, further read.

The Giving Pledge was created in 2010 by Buffett, Melinda French Gates, and Bill Gates, aimed at encouraging wealthy people to publicly commit to giving “the majority of their wealth to philanthropy either during their lifetimes or in their wills,” the website says.

Originally focused on the United States, the pledge has now gained international traction, with over 250 individuals from worldwide participating in it.

The Giving Pledge was created in 2010 by Warren Buffett, Melinda French Gates, and Bill Gates, aimed at encouraging wealthy people to publicly commit to giving “the majority of their wealth to philanthropy either during their lifetimes or in their wills”.