The Strategist

OpenAI Co-Founder declares nearly $30 billion in the company in court



05/06/2026 - 07:36



OpenAI co-founder and President Greg Brockman revealed in court testimony a closer financial relationship with fellow co-founder and chief executive Sam Altman than had been previously disclosed. Brockman also stated that his ownership stake in the company is valued at nearly $30 billion, according to Reuters.



OpenAI Co-Founder declares nearly $30 billion in the company in court
This information came to light during Brockman's deposition conducted by an attorney representing Elon Musk, the founder of Tesla and SpaceX as well as a former OpenAI co-founder. Musk has initiated legal proceedings against OpenAI, alleging that the organization has strayed from its original non-profit mandate. He is demanding that Altman and Brockman step down from their leadership roles and is seeking $150 billion in compensation.

Musk's legal team argued that Brockman's objectivity may have been undermined by financial arrangements that encouraged him to back Altman, who advocated shifting OpenAI toward a for-profit structure, Reuters reports. During his court testimony, Brockman acknowledged holding stakes in two startups that received Altman's backing, along with a share of the Altman family foundation.

In 2017, Altman transferred his interest in the family office to Brockman, an asset then valued at $10 million. That same year, Brockman, Musk, and other OpenAI executives held discussions about reorganizing the company in order to finance the substantial computing resources necessary for training artificial intelligence systems, the news agency reported.

source: reuters.com