
What happened
Bloomberg reports Eric Schmidt owns about 1% of Anthropic after investing tens of millions in its 2021 Series A, when the startup was valued at $461 million.
Why it matters
Anthropic is widely expected to go public before year-end at up to a $2 trillion valuation, which would add as much as $20 billion to Schmidt's $57.5 billion fortune.
WHO IT HITSThe reported stake matters most to Anthropic's early backers and to investors tracking its expected IPO, since Schmidt's position is large enough that a $2 trillion listing would move his personal net worth by as much as $20 billion.
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Schmidt's position dates back to Anthropic's Series A round in 2021, when the startup was valued at $461 million, per PitchBook data cited by Bloomberg. That early entry is what makes the reported 1% stake notable now, as Anthropic is widely expected to go public before the end of the year.
The comparison Bloomberg draws is with co-founder and CEO Dario Amodei, who holds 2% of the company — meaning the former Google CEO's reported stake is about half the size of the chief executive's. Schmidt has been an active tech investor since stepping down as Google CEO in 2011, deploying capital through entities including Tomorrow Ventures, Innovation Endeavors Management, and his family office, Hillspire. His other AI bets include Mistral, General Intuition, and Reflection AI.
The size of the potential payoff hinges on Anthropic's valuation at listing, which top-end market estimates put at as much as $2 trillion. At that level, Schmidt would add as much as $20 billion to a net worth Bloomberg currently puts at $57.5 billion. Neither Schmidt nor Anthropic immediately responded to a request for comment, so the ownership figure rests on Bloomberg's estimate.
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