Sam Altman’s estate has been charged with breach of contract, misrepresentation, unfair competition and fraud. Get the details.
The billionaire OpenAI CEO Sam Altmansued the company in charge of his mansion: the most expensive in San Francisco. The lawsuit was filed four years after purchasing the property and alleged that developers and contractors They plotted a cost cutting plancarrying out a “poor quality construction.”
The lawsuit was filed in San Francisco County Superior Court by a limited liability company, which according to the San Francisco Standard is linked to Altman.
According to Forbes, in the complaint the plaintiffs claim that the developers and contractors “they conspired togetherbased on the misdeeds of others”, rushing the commercialization of the property and falsifying its status, in order to “plugging the financial holes left behind by a business model infected with systemic malfeasance.”
They also claim that “They skimped in competent or qualified construction managers, designers and contractors”, even by hiring inexperienced personnel, and They did not pay the contractors on time, which provoked their retaliation in a “sabotage campaign.”
The developers were accused of negligencebreach of contract, breach of implied covenant of good faith and fair dealing, breach of implied warranty, negligent misrepresentation, unfair competition and fraudulent inducement.
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Wikipedia.
What the OpenAI CEO’s mansion looks like
The mansion built in 2018 has a 9,500 square foot lot, four floors and features floor-to-ceiling glass doors, an open patio, interior elevator, historic olive trees and one infinity pool with “panoramic views from downtown San Francisco to Alcatraz,” according to the documents.
The house also features fifteen rooms, six bedrooms and seven bathrooms. All of this is located on a one-third acre lot. overlooking the city and San Francisco Bay.
altman mansion
How much did OpenAI CEO Sam Altman’s most expensive mansion in San Francisco cost?
According to San Francisco city records, the property was last sold in March 2020 for $27 million, the same period at which the plaintiffs claim it was purchased.
Forbes estimates Altman’s net worth at 1 billion dollarsmaking him the 2,736th richest person in the world.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
