OpenAI CEO Sam Altman went out and started wasting real estate before coming back.
Business Insider reports that from early 2020 to mid-2021, Altman spent $85 million on homes in San Francisco, Napa, and real estate in Hawaii.
Mr. Altman’s $43 million Hawaii estate, acquired in July 2021, spans 12 bedrooms in Kailua-Kona on the Big Island, adjacent to the reconstruction of the national landmark King Kamehameha I’s Royal Temple. ing.
Facility videos feature activities such as cliff jumping, powerboating, and scuba diving. Mr. Altman’s purchase of the property was revealed by examining business and real estate filings related to an LLC controlled by Jennifer Seralta, Mr. Altman’s cousin and chief operating officer of his family office. Became.
In addition to the Hawaii property, Altman’s real estate portfolio includes a $27 million San Francisco home he purchased in March 2020 and is home to a variety of investment vehicles.
His weekend retreat is a $15.7 million working ranch in Napa that he acquired in late 2020, with five homes and a vineyard on 950 acres. Altman frequently brings his friends and colleagues to the Napa property.
Altman’s salary is just $58,333, and he publicly declares his OpenAI stock to be “immaterial,” according to IRS filings. But his acquisitions also touch on the lifestyles of Silicon Valley moguls, including Mark Zuckerberg, Larry Ellison, Marc Benioff, Jeff Bezos, and Peter Thiel, who also own substantial real estate in Hawaii. It reflects.
— Ted Glanser