# Google's ex-CEO owns 1% of AI firm Anthropic

> Eric Schmidt's 2021 check for Anthropic now worth $10bn at $965bn valuation.
- Title: Google's ex-CEO owns 1% of AI firm Anthropic · 24/7 Wall St.
- Summary: Eric Schmidt's 2021 check for Anthropic now worth $10bn at $965bn valuation. Eric Schmidt owns 1% of Anthropic, valued at $965 billion, potentially worth $10…
- Keywords: eric schmidt, anthropic, google, google cloud, gemini, series a, Google's, ex-CEO, owns, firm, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/20/googles-former-ceo-quietly-owns-1-of-anthropic
- Author: Omor Ibne Ehsan
- Published: 2026-10-20T14:10:31+00:00
- Read time: 1 min
- Topics: eric schmidt, anthropic, google, google cloud, gemini, ai, series a
## Schmidt's stake
Eric Schmidt owns about 1% of Anthropic, people familiar with the matter said on Monday, October 19, 2026.

> Eric Schmidt owns about 1% of Anthropic, people familiar with the matter said on Monday, October 19, 2026
## Stake value
At Anthropic's most recent valuation of $965 billion, the stake could be worth about $10 billion.

> At Anthropic's most recent valuation of $965 billion, the stake could be worth about $10 billion
## Investment origin
The stake dates to a 'tens-of-millions-of-dollars investment' in Anthropic's Series A, when the company was valued at $461 million.

> The stake dates to a 'tens-of-millions-of-dollars investment' in Anthropic's Series A, when the company was valued at $461 million
## Market reaction
Investors in Alphabet, where Schmidt was CEO, treated the report as a minor development. Shares rose 1.05% to close at $344.18.

> Investors in Alphabet (NASDAQ:GOOG | GOOG Price Prediction, NASDAQ:GOOGL), where Schmidt was CEO, treated the report as a minor development. Shares rose 1.05% to close at $344.18
## IPO timeline
Formal marketing could begin as early as the week of Monday, November 9, with trading possible before Thanksgiving and a year-end listing.

> Formal marketing could begin as early as the week of Monday, November 9, with trading possible before Thanksgiving and a year-end listing
## Valuation range
The range discussed runs from $1.8 trillion to $2 trillion, matching or exceeding SpaceX's $1.77 trillion offering in June.

> The range discussed runs from $1.8 trillion to $2 trillion, matching or exceeding SpaceX's $1.77 trillion offering in June
## Schmidt's net worth
At the top of that range, the stake could reach $20 billion. That would raise Schmidt's net worth by about a third from $57.5 billion to nearly $80 billion.

> At the top of that range, the stake could reach $20 billion. That would raise Schmidt’s net worth by about a third from $57.5 billion to nearly $80 billion
## Key takeaway

Eric Schmidt owns 1% of Anthropic, valued at $965 billion, potentially worth $10 billion.