According to a report by Bloomberg, Sam Altman, CEO of OpenAI, earned $113,674 in 2024, a 50% increase from $76,001 in 2023. At the age of 40, Altman is also a member of the OpenAI board. He has stated that this income is sufficient to cover his medical and other expenses, and he has clearly stated that he does not hold shares in OpenAI, with his wealth mainly coming from other investments.

OpenAI

Image source note: The image is AI-generated, and the image licensing service provider is Midjourney.

In the latest tax filing documents, former U.S. Treasury Secretary Larry Summers was revealed as the highest-paid external director of OpenAI, earning an annual salary of $143,702, while working only five hours per week. Notably, Summers resigned from the OpenAI board this week after being exposed for his relationship with sex offender Jeffrey Epstein, and he has also paused his teaching duties at Harvard University.

Although the compensation figures listed in the tax filings have attracted attention, the actual total compensation of OpenAI executives may be higher than the public numbers, as the reports do not include any potential equity gains. In addition, OpenAI's corporate structure is relatively complex, which also makes its financial transparency limited.

In the 2024 tax filing, OpenAI donated $7.5 million through its nonprofit organization, most of which was used for AI safety research. At the same time, OpenAI's mission statement has been simplified. In the 2023 tax filing, the company stated its goal as "building general artificial intelligence (AGI) that can safely benefit humanity without being constrained by the need for financial returns," while in the 2024 filing, this mission was simplified to "ensuring AGI benefits all of humanity."

Key points:

🌟 Sam Altman's salary in 2024 was $113,674, a 50% increase from 2023.  

💼 Former Treasury Secretary Larry Summers resigned due to a scandal, becoming the highest-paid external director of OpenAI.  

💰 OpenAI donated $7.5 million in 2024 for AI safety research, and its mission statement has been simplified.