Former Google CEO Eric Schmidt held approximately 1% of the company's shares with an early investment in the startup Anthropic. With Anthropic's upcoming IPO, the investment is expected to provide him with one of the largest individual returns. Schmidt invested tens of millions of dollars in Anthropic's Series A funding round. It's unclear whether he sold some of his shares after his initial investment. According to the company's last round of financing estimates, each of the seven co-founders of this startup is worth $8 billion. According to Pitchbook data, when 71-year-old Schmidt first bet on Anthropic in 2021, the company was valued at US$461 million. Last week, investors said that the company's reasonable valuation range is about 1.8 trillion to 2 trillion US dollars. Based on the upper limit of this range, Anthropic's current valuation is more than 4,300 times its valuation during Series A financing.

Former Google CEO Eric Schmidt held approximately 1% of the company's shares with an early investment in the startup Anthropic. With Anthropic's upcoming IPO, this investment is expected to provide him with one of the biggest individual earnings in a single transaction. Schmidt invested tens of millions of dollars in Anthropic's Series A funding round. It's unclear whether he sold some of his shares after his initial investment. According to the company's last round of financing estimates, each of the seven co-founders of this startup is worth $8 billion. According to Pitchbook data, when 71-year-old Schmidt first bet on Anthropic in 2021, the company was valued at US$461 million. Last week, investors said that the company's reasonable valuation range is about 1.8 trillion to 2 trillion US dollars. Based on the upper limit of this range, Anthropic's current valuation is more than 4,300 times its valuation during Series A financing.