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Fortune

Preston Fore

This AI CEO just doubled his wealth to $10 billion in 12 days—that’s over 100x faster than other billionaires, despite having zero tech background

CoreWeave Michael Intrator Microsoft Amazon Apple Christopher Ruddy Fortune IPO Nvidia OpenAI

Michael Intrator in front of a NASDAQ billboard in New York City. (Credit: Michael Nagle/Bloomberg via Getty Images)

Billionaire AI boss Michael Intrator has just seen a near-record-breaking increase in his net worth. His cloud-computing company, CoreWeave, had a sluggish start after its IPO earlier this year. But with contracts from Microsoft, OpenAI, and Nvidia rolling in, it is now reaping benefits from Wall Street. In the last two months, CoreWeave’s stock price has tripled.

Forget Apple, Amazon, or Microsoft—this year’s breakout tech stock comes from a company few had even heard of six months ago.

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