Bloomberg’s reporting puts the former Google chief executive at roughly 1% of Anthropic, a holding built from an investment of tens of millions of dollars in the lab’s 2021 Series A.
The entry price frames the return. Anthropic was valued at $461M during that round, per PitchBook data. Schmidt’s position today would be close to half the 2% held by co-founder and chief executive Dario Amodei, the report said.
Why one percent matters here
Anthropic is widely expected to list before the end of the year, with the most bullish market estimates reaching $2T. At that mark Schmidt’s slice would add as much as $20B to a fortune Bloomberg currently pegs at $57.5B.
Founder-scale positions are rare among outside backers at any large lab. Early cheques get diluted through round after round, and most institutional investors that arrived in 2021 sit well below the single-digit line now.
Schmidt has kept investing through several vehicles since leaving Google’s top job in 2011, among them Tomorrow Ventures, Innovation Endeavors and his family office Hillspire. His AI portfolio also includes Mistral, General Intuition and Reflection AI.
The disclosure arrives at an awkward moment for lab governance debates. A stake this size in a company positioning itself as a safety leader gives its holder real influence over direction, and Schmidt has not been a passive name in the broader argument about how AI development should be overseen.
Neither Schmidt nor Anthropic responded to requests for comment on the figure.