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Sam Altman can't stop winning After Reddit shares popped 48% in their debut, Altman's stake rose roughly $200 million to $613 million He's the company's 3rd largest shareholder behind Tencent and the parent company of Condé Nast https://t.co/v2KjXWxg1z
OpenAI CEO Sam Altman's Reddit stake worth over $600M after first day pop. $RDDT https://t.co/YRbmI042N3
OpenAI CEO Sam Altman's Reddit stake rises over $200 million after IPO. It is now worth… #AI #TechAI #LearningAI #OpenAI #SamAltman #GenerativeAI #DeepbrainAI #Deepbrain #IPO https://t.co/dBo3Cz6Q5p
Sam Altman, the founder of OpenAI, has seen a significant increase in his wealth due to Reddit's IPO. Altman's stake in Reddit is now worth over $600 million, with shares valued at $413 million at the IPO price. Additionally, Condé Nast owner Advance Publications' shares in Reddit have soared to $2.1 billion post IPO.