OpenAI CEO Sam Altman & Partner Oliver Mulherin Sign Giving Pledge, To Give Away Most Of Their Wealth

Sam Altman now joins the likes of Elon Musk, MacKenzie Scott, and other notable figures who are also the signatories of Giving Pledge.

Sam Altman, the OpenAI chief who was also recognised as the CEO of the Year (2023) by TIME magazine, alongside his partner Oliver Mulherin, declared their commitment to donating the majority of their wealth through signing the Giving Pledge. This initiative, spearheaded by prominent figures such as Bill and Melinda French Gates and Warren Buffett, urges the world's wealthiest individuals to allocate a substantial portion of their fortunes to charitable causes either during their lifetimes or through their wills.

'Pay It Forward'

Expressing their gratitude in a pledge letter, Altman and Mulherin acknowledged the support they've received on their journey. "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. 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."

The duo outlined their philanthropic focus, which revolves around bolstering technology that fosters abundance and societal progression. This emphasis resonates with their belief in harnessing technological innovation to enhance lives and propel societal development forward.

Joining The Likes Of Scott, Musk, Others

Among the distinguished signatories of the Giving Pledge are notable figures like MacKenzie Scott, Reid Hoffman, and Elon Musk, who have pledged substantial resources toward addressing diverse global challenges.

Although Altman does not hold equity in OpenAI, his ventures have propelled him onto the radar of billionaire lists such as Forbes and Bloomberg this year. His investment portfolio spans a variety of ventures, including Reddit, Stripe, and interests in groundbreaking startups like Helion and Retro Biosciences. Additionally, Altman has diversified his holdings through investments in YC funds and real estate ventures.

Altman's decision to join the Giving Pledge underscores his commitment to leveraging his wealth and influence for positive change. By prioritizing technological innovations that benefit society at large, he aims to contribute to a future characterized by abundance and equitable opportunities for all.