OpenAI CEO Sam Altman’s Compensation and Organizational Developments in 2023
Details of Altman's Compensation, Organizational Changes, and Financial Disclosures
OpenAI CEO Sam Altman received $76,001 in compensation in 2023, as revealed by a recent tax filing.
This marks a slight increase from his 2022 earnings of $73,546.
Despite his worth of at least $2 billion, Altman has previously stated that he draws only the minimum salary necessary for health insurance and holds no equity in OpenAI.
The San Francisco-based AI company, however, is considering offering him a stake as it transitions to a for-profit model.
The filing, a requirement for US-based nonprofits to the IRS, outlines a period of significant changes for OpenAI.
The year began with the massive success of the company's ChatGPT and ended with Altman's temporary removal following disagreements with the board.
His reappointment followed a brief tenure by Emmett Shear, Twitch's co-founder, who served as interim CEO and was paid $3,720 for his short service.
The filing highlights other key figures like Ilya Sutskever, OpenAI's co-founder and former chief scientist, who received $322,201, making him among the top-paid executives.
OpenAI's financial disclosures do not include potential equity-based compensation or venture capitalist investments, limiting public insight into its complete financial status.
In 2023, OpenAI reported $5 million in public contributions, bringing its net assets to $21 million, in contrast to the $6.6 billion it raised in October for its AI developments.
The organization extended its charitable efforts beyond universal basic income, supporting ethics and journalism initiatives at NYU and AI-related economic research through nonprofits like Operation Hope.
OpenAI also funded democratic experiments for AI governance with grants to institutions such as Harvard College and the University of Michigan.
'As part of our charter, we're committed to global collaboration to address AGI challenges,' an OpenAI spokesperson commented, highlighting their increased grant support.
This marks a slight increase from his 2022 earnings of $73,546.
Despite his worth of at least $2 billion, Altman has previously stated that he draws only the minimum salary necessary for health insurance and holds no equity in OpenAI.
The San Francisco-based AI company, however, is considering offering him a stake as it transitions to a for-profit model.
The filing, a requirement for US-based nonprofits to the IRS, outlines a period of significant changes for OpenAI.
The year began with the massive success of the company's ChatGPT and ended with Altman's temporary removal following disagreements with the board.
His reappointment followed a brief tenure by Emmett Shear, Twitch's co-founder, who served as interim CEO and was paid $3,720 for his short service.
The filing highlights other key figures like Ilya Sutskever, OpenAI's co-founder and former chief scientist, who received $322,201, making him among the top-paid executives.
OpenAI's financial disclosures do not include potential equity-based compensation or venture capitalist investments, limiting public insight into its complete financial status.
In 2023, OpenAI reported $5 million in public contributions, bringing its net assets to $21 million, in contrast to the $6.6 billion it raised in October for its AI developments.
The organization extended its charitable efforts beyond universal basic income, supporting ethics and journalism initiatives at NYU and AI-related economic research through nonprofits like Operation Hope.
OpenAI also funded democratic experiments for AI governance with grants to institutions such as Harvard College and the University of Michigan.
'As part of our charter, we're committed to global collaboration to address AGI challenges,' an OpenAI spokesperson commented, highlighting their increased grant support.
