CoreWeave CEO’s Wealth Hits $10B After AI Stock Surge

On June 26, 2025, Bloomberg reported that CoreWeave CEO Michael Intrator’s net worth hit $10 billion, fueled by a 300% stock surge since the AI company’s March 2025 IPO.

CoreWeave, which rents Nvidia GPUs to firms like Microsoft and Meta, raised $1.5 billion in its public debut, short of its $4 billion target.

The rally also lifted five early investors to billionaire status, driven by CoreWeave’s $1.9 billion 2024 revenue and a $25.9 billion contract backlog, including an $11.2 billion OpenAI deal.

Concerns linger over its high-interest debt for GPU purchases, industry sources say.

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