OpenAI President Reveals Nearly $30 Billion Stake, Financial Relationship with CEO
OpenAI co-founder and president Greg Brockman disclosed his nearly $30 billion stake in the ChatGPT developer and his financial ties to CEO Sam Altman during a lawsuit stemming from Elon Musk's claims.
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- 📰 Published: May 5, 2026 at 20:43
- 🔍 Collected: May 5, 2026 at 21:01 (17 min after Published)
- 🤖 AI Analyzed: May 6, 2026 at 04:10 (7h 8m after Collected)
Central News Agency
(Central News Agency, Oakland, California, 4th, comprehensive foreign report) Greg Brockman, co-founder and president of the US artificial intelligence (AI) startup OpenAI, today revealed that he holds nearly $30 billion worth of shares in the ChatGPT developer, as well as his financial relationship with CEO Sam Altman.
Reuters reported that the financial details were revealed during cross-examination by Elon Musk's lawyers in a lawsuit currently in its second week of trial in a California court. Musk, a former co-founder, accused OpenAI of transforming into a for-profit entity, deviating from its original non-profit goal.
Musk's legal team suggested that Brockman's independence might be questioned due to financial incentives, influencing his support for Altman's push to move OpenAI towards a for-profit model.
Brockman testified that he holds stakes in part of Altman's family fund and also in two startups backed by Altman.
In his testimony, Brockman confirmed for the first time that his stake in OpenAI is worth nearly $30 billion, a figure previously undisclosed. In 2017, Altman granted Brockman a stake in his family office then valued at $10 million.
Jared Birchall, head of Musk's family office, had previously sent a letter warning Musk that Altman's private compensation arrangement with Brockman could lead to the latter's increased loyalty to Altman.
Musk subsequently forwarded the letter to Brockman with two question marks, expressing his doubts.
When asked if he was loyal to Altman, Brockman replied, "I'm not sure I would describe it that way."
Brockman revealed today that he holds shares in the AI chip startup Cerebras. OpenAI announced this year that it would invest heavily in purchasing the company's chips. Additionally, he has invested in Helion Energy, a nuclear fusion startup in which Altman has invested hundreds of millions of dollars.
Musk accused OpenAI, its co-founder and CEO Sam Altman, and President Greg Brockman of securing his $38 million donation and personal assistance by promising to build a non-profit organization that prioritizes safe AI development, only to later transform into a for-profit entity that enriches themselves.
OpenAI countered that Musk was driven by a desire to control OpenAI and was dissatisfied with OpenAI's success after leaving the board in 2018.
OpenAI also pointed out that while Musk was still with the company, he did not prioritize safety issues. He also attempted to cultivate his own AI company, xAI, which is part of SpaceX, but xAI's user base is far smaller than OpenAI's. (Translator: Liu Shu-chin) 1150505
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(Central News Agency, Oakland, California, 4th, comprehensive foreign report) Greg Brockman, co-founder and president of the US artificial intelligence (AI) startup OpenAI, today revealed that he holds nearly $30 billion worth of shares in the ChatGPT developer, as well as his financial relationship with CEO Sam Altman.
Reuters reported that the financial details were revealed during cross-examination by Elon Musk's lawyers in a lawsuit currently in its second week of trial in a California court. Musk, a former co-founder, accused OpenAI of transforming into a for-profit entity, deviating from its original non-profit goal.
Musk's legal team suggested that Brockman's independence might be questioned due to financial incentives, influencing his support for Altman's push to move OpenAI towards a for-profit model.
Brockman testified that he holds stakes in part of Altman's family fund and also in two startups backed by Altman.
In his testimony, Brockman confirmed for the first time that his stake in OpenAI is worth nearly $30 billion, a figure previously undisclosed. In 2017, Altman granted Brockman a stake in his family office then valued at $10 million.
Jared Birchall, head of Musk's family office, had previously sent a letter warning Musk that Altman's private compensation arrangement with Brockman could lead to the latter's increased loyalty to Altman.
Musk subsequently forwarded the letter to Brockman with two question marks, expressing his doubts.
When asked if he was loyal to Altman, Brockman replied, "I'm not sure I would describe it that way."
Brockman revealed today that he holds shares in the AI chip startup Cerebras. OpenAI announced this year that it would invest heavily in purchasing the company's chips. Additionally, he has invested in Helion Energy, a nuclear fusion startup in which Altman has invested hundreds of millions of dollars.
Musk accused OpenAI, its co-founder and CEO Sam Altman, and President Greg Brockman of securing his $38 million donation and personal assistance by promising to build a non-profit organization that prioritizes safe AI development, only to later transform into a for-profit entity that enriches themselves.
OpenAI countered that Musk was driven by a desire to control OpenAI and was dissatisfied with OpenAI's success after leaving the board in 2018.
OpenAI also pointed out that while Musk was still with the company, he did not prioritize safety issues. He also attempted to cultivate his own AI company, xAI, which is part of SpaceX, but xAI's user base is far smaller than OpenAI's. (Translator: Liu Shu-chin) 1150505
Choose to stand with facts. Every sponsorship of yours is a force to protect press freedom.
Download the Central News Agency 'First-hand News' APP to stay updated with the latest news.
The text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.