From 24/7 Wall St. · Omor Ibne Ehsan · · 1m 10s
Google's ex-CEO owns 1% of AI firm Anthropic
Eric Schmidt's 2021 check for Anthropic now worth $10bn at $965bn valuation.
In brief
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 billion. Originally reported by 24/7 Wall St..
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”
The takeaway
Eric Schmidt owns 1% of Anthropic, valued at $965 billion, potentially worth $10 billion.
