Oliver Mulherin and Sam Altman Pledge Majority of Wealth to Charity
OpenAI’s CEO Sam Altman and his spouse Oliver Mulherin have also signed the Giving Pledge, which means that they are willing to give the biggest part of their money to charity.
Launched in 2010 by Bill Gates, Melinda French Gates, and Warren Buffett, the Giving Pledge is a commitment made by the world’s affluent to donate at least half of their wealth to charity either while they are alive or in their wills.
This pledge was taken by Altman and Mulherin in order to show their appreciation of the society that granted them chances to become successful.
They also underlined that they want to be a part of the positive change in society as they stated in their pledge letter. They underlined their plans to concentrate on technologies that produce abundance and enhance the quality of people’s lives.
While Altman does not own equity in OpenAI, his stakes in other startups such as Reddit, Stripe, Helion, which is a nuclear fusion company, and Retro Biosciences which focuses on longevity have boosted his worth which is estimated to be around $2 billion.
His investment portfolio also comprises YC funds and real estate businesses.
The Giving Pledge is a list of philanthropists, and Altman and Mulherin are among the others such as Elon Musk, MacKenzie Scott, and Mark Zuckerberg.
This is a trend that has been seen in other tech billionaires where they use their wealth to improve society, especially through technology.
To get more information about their pledge and more about the Giving Pledge in general, you can visit the official website of the Giving Pledge and read the articles from Kiplinger and India Today.