A new report from Business Insider reveals that OpenAI CEO Sam Altman’s real estate portfolio includes multi-million dollar properties in the Bay Area and Hawaii.
Altman’s compensation for his role as CEO was just $66,792 annually in 2021, according to tax returns compiled by ProPublica. But that same year, Business Insider reported that Altman purchased a $43 million property on Hawaii Island next to the reconstruction of the Royal Temple of King Kamehameha I, the last ruler of the unified Hawaiian Islands.
According to a report from Business Insider, Altman purchased two properties in California in 2020. The first was a $27 million mansion in San Francisco’s Russian Hill neighborhood, where Altman reportedly held court and sought to be fired and ultimately reinstated at OpenAI.
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The second was a $15.7 million ranch in Napa. Green Valley Ranch sits on 950 acres and was once home to a group of young men who purchased the property in 1978 for $850,000.
At the time of Napa’s sale, former owner Bob Dickinson told the Chronicle that Altman, then an unknown buyer, had “absolute passion for the land.”
Rounding out the group is an unidentified property in Big Sur, which Altman first spoke about to The New Yorker in 2016. At the time, Altman identified the land as one of many preparations he had made for an apocalyptic scenario. For example, he said it could be a global pandemic or a takeover by hostile artificial intelligence.
The comments came a year after Altman first founded OpenAI and three years before the global coronavirus pandemic sent people around the world into lockdown at home.
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