Eric Schmidt Reportedly Owns Half as Much Anthropic as CEO Dario Amodei

Eric Schmidt holds roughly 1% of Anthropic, about half the stake of co-founder and CEO Dario Amodei, according to a Bloomberg report on the former Google CEO's investments in the AI lab.

Schmidt invested tens of millions of dollars in Anthropic's Series A round in 2021, when PitchBook data put the startup's valuation at $461 million. Bloomberg now estimates his position at approximately 1% of the company. Amodei, who co-founded Anthropic and runs it as chief executive, holds about 2%.

The arithmetic explains why the report matters. Anthropic is widely expected to go public before the end of the year, and top-end market estimates value the company at as much as $2 trillion. If the IPO reaches that ceiling, Schmidt's stake would add as much as $20 billion to his net worth. Bloomberg currently pegs that fortune at $57.5 billion.

How much is Schmidt's Anthropic stake worth?

The numbers frame one of the largest personal returns in the current AI investment cycle. Schmidt bought into Anthropic at a $461 million valuation. A listing at $2 trillion would represent a roughly 4,300-fold increase in the company's paper value in about four years.

Against that multiple, tens of millions invested in 2021 convert into tens of billions. The $20 billion figure applies only at the most optimistic end of the market estimates. Lower IPO valuations would scale Schmidt's gain down proportionally, but even a fraction of that sum would rank among the largest single-position windfalls for an individual technology investor.

Schmidt's 1% also reframes the ownership picture inside Anthropic itself. Amodei, the public face of the company and its controlling strategist, holds about 2% — a stake only twice the size of Schmidt's, a report from Bloomberg indicates. The comparison gives investors and observers a rare concrete data point in a company whose cap table has otherwise stayed private.

Anthropic and Schmidt did not immediately respond to a request for comment.

What has Schmidt invested in besides Anthropic?

Schmidt has deployed capital continuously since stepping down as Google CEO in 2011. He invests through multiple entities, including:

• Tomorrow Ventures
• Innovation Endeavors Management
• Hillspire, his family office

His artificial intelligence portfolio extends beyond Anthropic. Bloomberg's report names Mistral, General Intuition, and Reflection AI among his other AI bets. Anthropic remains the largest of those positions by potential value, given the company's expected listing.

Why does the timing matter?

The report lands as markets price an Anthropic IPO. The company is widely expected to go public before the end of the year, and the spread of estimates — reaching as high as $2 trillion — signals how much uncertainty surrounds the valuation of frontier AI labs.

Schmidt's position connects two eras of the technology industry. He ran Google through its own transformation into a public company, and he now stands to gain as much as $20 billion from a competitor-era startup whose Series A he backed at $461 million. Bloomberg places his current net worth at $57.5 billion, meaning a successful IPO at the top estimate would lift his fortune by roughly a third.

Until Anthropic files public listing documents, the stake sizes remain estimates. Bloomberg's figures rest on its own reporting and PitchBook valuation data. What is certain is the sequence: Schmidt committed tens of millions in 2021, and the market may set the return within the year.