Sam Altman's $124M Real Estate Empire and the $27M Lawsuit
OpenAI CEO Sam Altman's substantial real estate holdings, valued at $124 million, have recently come to light. This includes significant investments in San Francisco properties, a Hawaiian estate, and a Napa ranch.
San Francisco Properties and Legal Dispute
Altman's acquisitions include multiple homes in San Francisco, highlighted by a Russian Hill mansion purchased in 2020 for $27 million. However, this property is currently the subject of a $27 million lawsuit against developer Greg Malin and his company, Troon Pacific. The lawsuit alleges issues with the quality of construction.
Other Notable Properties
Beyond San Francisco, Altman's portfolio includes:
- A sprawling estate in Hawaii, acquired in 2021 for $43 million.
- A ranch in Napa, California, purchased in 2020 for $15.7 million. This is where Altman and his husband, Oliver Mulherin, often spend their weekends.
Altman's Background
Before his role at OpenAI, Altman founded Loopt, which he later sold for $43 million. He then established his venture capital fund, Hydrazine Capital. Forbes estimates Altman's net worth at $1.7 billion.
