What is Sam Altman’s net worth and why does the Y Combinator president want his brain embalmed and uploaded?

Elon Musk (L) and Sam Altman

US entrepreneur Sam Altman is president of Y Combinator and co-chairman of OpenAI and is reportedly already a billionaire at the age of just 32.

He studied computer science at Stanford University until he dropped out in 2005.

Sam Altman
Sam Altman studied computer science at Stanford University until he dropped out in 2005

The business career of Sam Altman

Altman started out in 2005 when he was just 19 years old and co-founded Loopt, a location-based social networking mobile application but it was closed down in 2012 and was acquired by Green Dot Corporation.

He became a part-time partner in Y Combinator, which provides seed money for start up companies, in 2011 and was named its president in 2014.

He announced in September 2016 he would become president of the YC Group, which was made up of Y Combinator and other units.

Altman was named the top investor under 30 by Forbes in 2015 and one of the “Best Young Entrepreneurs in Technology” by BusinessWeek in 2008.

By 2017 Y Combinator had invested in around 1.450 companies including Dropbox, Airbnb, Reddit and Paribus.

Sam Altman
Sam Altman became president of Y Combinator in 2014


What is Sam Altman worth?

The market capitalisation of YC companies was over $80billion (£57.2bn) in 2017.

Altman sold Loopt for $43.4million, making him roughly around $5m in profit.

He is a personal investor in a range of companies including Airbnb, Reddit and Pinterest and many others.

Altman is also on the board of two nuclear energy companies – Helion and Oklo.

He is also chairman of OpenAI, a non-profit artificial intelligence research company, which he founded with Elon Musk.

Elon Musk (L) and Sam Altman
Elon Musk (L) and Sam Altman speaking on stage in October 2015

Brain upload

Sam Altman, along with 24 other people have paid $10,000 each to have their brains uploaded to a computer, a process that is “100 per cent fatal”.

The startup company Nectome promises to upload your brain into a computer, as a way of having eternal life to your consciousness – but to be able to do that, you have to be killed first.

The process involves embalming your brain so it can potentially be stimulated later by a computer.

Nectome’s co-founder Robert McIntyre said: “The user experience will be identical to physician-assisted suicide.”

According to Nectome’s website: “Our mission is to preserve your brain well enough to keep all its memories intact: from that great chapter of your favourite book to the feeling of cold winter air, baking an apple pie, or having dinner with your friends and family.”

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