Eric Schmidt was vetted by Sergey Brin and Larry Page and hired as Google's CEO after an unconventional interview process, with Brin citing Schmidt as the only CEO finalist who had gone to Burning Man. In 2011, Schmidt began dating Camilla Clark for three years; she later married Anthropic CEO Dario Amodei. In 2018, that connection led Schmidt to meet with her and her then-partner to discuss Anthropic, and he invested early and now owns about 1% of the company. According to the Financial Times, Anthropic could be valued at as much as $2 trillion in an IPO, which could make Schmidt's stake worth $20 billion, more than half his current net worth per Forbes, compared with the roughly $461 million valuation when he invested.
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| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/20/2026 | 340.24 |
| Change that session | -1.14% |
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Related news
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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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