AI wealth boom: This CEO joins world’s richest; 300% stock surge fuels rise
AI wealth boom: This CEO joins world’s richest; 300% stock surge fuels rise
CoreWeave Inc.'s stock has surged nearly 300% since its March IPO, elevating CEO Michael Intrator into the world's wealthiest. Intrator's net worth reached $10.3 billion, fueled by investor enthusiasm for AI and tech IPOs. The rally has also significantly increased the wealth of co-founders and early investors, marking a hot streak for IPOs in 2025.
CoreWeave Inc.'s stock has surged nearly 300% since its March IPO, elevating CEO Michael Intrator into the world's wealthiest. Intrator's net worth reached $10.3 billion, fueled by investor enthusiasm for AI and tech IPOs. The rally has also significantly increased the wealth of co-founders and early investors, marking a hot streak for IPOs in 2025.