600+ OpenAI Employees Sell $6.6B Shares

More than 600 current and former OpenAI employees sold a combined $6.6 billion in company shares through a secondary tender offer in October 2025, allowing many to cash out significant gains for the first time since the launch of ChatGPT three years earlier.

The transaction, backed by investors including Thrive Capital, SoftBank, Dragoneer, MGX and T. Rowe Price, enabled participants to sell existing equity without the company issuing new shares. OpenAI had tripled the per-person cap on sales from $10 million to $30 million the previous fall at investor urging. Employees were required to hold shares for at least two years before selling. Approximately 75 individuals reached the maximum cap, becoming multimillionaires. Early investors from seven years ago saw their stakes appreciate more than a hundredfold.

OpenAI President Greg Brockman stated in court filings that he personally holds shares valued at roughly $30 billion.

The cashouts come as OpenAI's valuation has surged. The company closed a $12.2 billion funding round in March 2026 at an $85.2 billion valuation, led by SoftBank with participation from Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG, T. Rowe Price, Amazon,...