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Fortune
Fortune
Irina Ivanova

Surging stock made Palantir’s Alex Karp $6.8 billion richer last year, making him one of the best-paid CEOs

Alex Karp gesturing (Credit: Kevin Dietsch—Getty Images)
  • Palantir cofounder and CEO Alex Karp hasn’t received stock from the company since it went public, but his existing holdings have ballooned in recent years, making him one of the best-paid CEOs in the nation, according to a new calculation dubbed “compensation actually paid.” 

Investors awaiting earnings from defense contractor Palantir on Monday have already had a banner year, with the technology company seeing its stock soar. But few made out better than cofounder and CEO Alex Karp, who saw a multibillion-dollar jump in his net worth last year on the strength of his Palantir shares, which increased 340% in 2024. 

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