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Eric Schmidt reportedly owns about half as much of Anthropic as CEO Dario Amodei

M
Marina Temkin
Eric Schmidt reportedly owns about half as much of Anthropic as CEO Dario Amodei
✦AI Summary

Former Google CEO Eric Schmidt reportedly owns about 1% of AI startup Anthropic following a 2021 investment. With Anthropic expected to go public at a potential valuation of up to $2兆, Schmidt's stake could significantly add to his current net worth.

Why it matters

It highlights the immense wealth accumulation and strategic positioning of tech billionaires within the booming generative AI industry.

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Eric Schmidt’s fortune is about to get even bigger. The former Google CEO is reported to own about 1% of Anthropic after investing tens of millions of dollars in the leading AI lab’s Series A round in 2021, per Bloomberg. The startup was valued at $461 million at the time, according to PitchBook data.

If Bloomberg’s estimate is accurate, Schmidt’s stake is remarkably large compared with the 2% of the company that co-founder and CEO Dario Amodei holds. Anthropic is widely expected to go public before the end of the year, with top-end market estimates valuing the company at as much as $2 trillion. At that valuation, Schmidt would add as much as $20 billion to his net worth, which Bloomberg currently puts at $57.5 billion.

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