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OpenAI CEO Sam Altman says he's 'politically homeless' in July 4 post bashing Democrats

July 4, 2025
03:50 PM
3 min read
AI Enhanced
moneywealthtechnologyartificial intelligencemarket cyclesseasonal analysispolicy

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"We should encourage people to make tons of money and then also find ways to widely distribute wealth and share the compounding magic of capitalism," he wrote.

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3 min read

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financial news

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Published

July 4, 2025

03:50 PM

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CNBC

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moneywealthtechnologyartificial intelligencemarket cyclesseasonal analysispolicy

OpenAI CEO Sam Altman said he finds himself "politically less" as the Democratic party is no longer aligned with encouraging a "culture of innovation and entrepreneurship. ""I'd rather hear from candidates how they are going to make everyone have the stuff billionaires have instead of how they are going to eliminate billionaires," Altman wrote

That appears to have been in response to New York City Democratic mayoral candidate Zohran Mamdani, who this week said he does not think billionaires should exist

OpenAI CEO Sam Altman, pictured, speaks with SoftBank Group CEO Masayoshi Son at an event in Tokyo on Feb

Tomohiro Ohsumi | Getty Images News | Getty ImagesOpenAI CEO Sam Altman posted on X Friday, saying he finds himself "politically less" as the Democratic party is no longer aligned with encouraging a "culture of innovation and entrepreneurship. "Altman, whose company is a leader in artificial intelligence, made the post in celebration of the Fourth of July, saying he is "extremely ud to be an American" and believes the U. "is the greatest country ever on Earth. " He used the post to some of his political ideology, saying he believes in "no-capitalism. ""We should encourage people to make tons of money and then also find ways to widely distribute wealth and the compounding magic of capitalism," he wrote. "One doesn't work without the other; you cannot raise the floor and not also raise the ceiling for very long. "Altman, 40, said he's believed this ideology since he was 20, and that Democrats were aligned with it then but have since lost the plot and have completely "moved somewhere else at this point. "Read more CNBC newsApple scores big victory with 'F1,' but AI is still a major blem in CupertinoCoreWeave is the first cloud vider to deploy Nvidia's AI chipsIPO market gets boost from Circle's 500% surge, sparking optimism that drought may be endingApple's China iPhone sales grows for the first time in two years"I'd rather hear from candidates how they are going to make everyone have the stuff billionaires have instead of how they are going to eliminate billionaires," Altman wrote

That appears to have been in response to New York City Democratic mayoral candidate Zohran Mamdani, who this week said he does not think billionaires should exist. "I don't think we should have billionaires because, frankly, it is so much money in a moment of such inequality and ultimately what we need more of is equality across our city and across our state and across our country," Mamdani said on NBC's "Meet The Press. "CNBC has reached out to Mamdani's campaign for on Altman's statement

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