Former Google CEO Eric Schmidt owns about 1% of Anthropic PBC thanks to his early investment in the startup, according to people familiar with the matter, potentially making him one of the largest individual beneficiaries of the company's imminent IPO. Schmidt, 71, invested tens of millions of dollars in Anthropic's Series A round in 2021, when the company was valued at $461 million. Investors indicated last week a fair valuation of $1.8 trillion to $2 trillion, with the high end more than 4,300 times the Series A valuation; at that value, his stake would lift his net worth by about one-third to nearly $80 billion. Even at Anthropic's latest $965 billion valuation, the stake would add nearly $10 billion to his existing $57.5 billion fortune. Schmidt has also invested in Mistral AI, Reflection AI and World Labs, and a $2 trillion debut would beat Innovation Endeavors' early 2011 bet on Uber.
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| Market | US stocks |
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| Industry | Interactive Media & Services |
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