Gay billionaire who’s one of world’s most powerful men makes announcement that will further devastate Dems

A tech billionaire and one of the world’s most powerful men made a shocking has Fourth of July declaration that’s sure to rattle Democrats.

Sam Altman, the CEO of OpenAI and co-founder of ChatGPT, issued a scathing post on X telling saying he had disowned Democrats because the party has ‘lost the plot.’ 

‘The Democratic party seemed reasonably aligned with it when I was 20, losing the plot when I was 30, and completely to have moved somewhere else at this point,’ he wrote. 

‘So now I am politically homeless. But that’s fine; I care much, much more about being American than any political party.’

Altman – who came out as gay at the age of 16 – initially shared his love for America and how ‘proud’ he is to be a US citizen, but his post quickly turned critical of the Democrat Party’s more socialist tendencies.

‘We should encourage people to make a ton of money,’ the 40-year-old tech boss, who is worth $1.7 billion, wrote. 

‘I’d rather hear from candidates about how they are going to make everyone have the stuff billionaires have instead of how they are going to eliminate billionaires.’ 

Altman’s foray into politics comes amid a public feud with rival tech billionaire Elon Musk, who has launched his own political party to compete with what he believes is a broken two-party system he says has failed Americans.

Recently, Altman has been appearing to cozy up to Donald Trump due to the amount of cash the president has been pumping into his companies. 

Sam Altman , the CEO of OpenAI and co-founder of the Bay Area company behind ChatGPT, has disowned Democrats after claiming his former party ‘has lost the plot’ 

Altman – who came out as gay at the age of 16 – made the announcement in a lengthy and scathing post to X on Saturday

Altman may not be president, but with the rise of artificial intelligence he’s become one of the most powerful figures on the planet. ‘I’m not big on identities, but I am extremely proud to be American. This is true every day, but especially today — I firmly believe this is the greatest country ever on Earth,’ Altman wrote on X.

He went on to explain his belief in ‘techno-capitalism’ and how he thinks there should be a system in place that supports both wealth and innovation, while also attacking the government’s role in the economy. 

‘We should encourage people to make tons of money and then also find ways to widely distribute wealth and share the compounding magic of capitalism. 

‘One doesn’t work without the other; you cannot raise the floor and not also raise the ceiling for very long.

He went on to share that he believes the government ‘usually does a worse job than markets,’ and that education is crucial in ‘keeping the American edge.’ 

‘I believed this when I was 20, when I was 30, and now I am 40 and still believe it,’ the billionaire continued. 

Altman’s lengthy post didn’t stop there, as he took a moment to appear to address the growing claim that billionaires should not exist – something New York City mayoral candidate Zohran Mamdani said in a recent interview. 

Although Altman himself is not the president of the US, he is nearly just as powerful because artificial intelligence – computer systems that can perform tasks that humans typically could – continues to grow and take over the world everyday. (Pictured: Trump and Altman on January 21)

While on NBC’s Meet the Press on June 29, the 33-year-old Democratic socialist poised to become the Big Apple’s next mayor, shared his thoughts on wealthy people. 

‘I don’t think that we should have billionaires because, frankly, it is so much money in a moment of such inequality, and ultimately, what we need more of is equality across our city and across our state and across our country,’ Mamdani said. 

Altman appeared to respond directly to Mamdani’s claim, ending his social media post with: ‘I’d rather hear from candidates about how they are going to make everyone have the stuff billionaires have instead of how they are going to eliminate billionaires.’ 

He wrapped up his statement, which amassed 2.8 million views, sharing his hope for the country’s future. 

‘The American experiment has always been messy. I am hopeful for another great 250 years. Happy 4th!’ 

In January, Altman hit back at Democrats who criticized him for donating $1 million of his personal cash to Trump’s inaugural fund. 

The CEO received a letter from Senators Elizabeth Warren and Michael Bennet, which accused him of trying to ‘cozy up’ to the president to avoid federal scrutiny.

The senators posed a series of questions ostensibly aimed at discovering his motivations for the cash gift.

Altman shared the letter and pushed back at the suggestion, saying: ‘Funny, they never sent me one of these for contributing to Democrats.’

He then went on to explain that the senator’s allegations were unfounded since the money was donated by Altman personally.

‘It was a personal contribution as you state; I am confused about the questions given that my company did not make a decision,’ he added. 

Altman was among the tech bosses who were invited to Trump’s inauguration. He was pictured chatting to boxer Logan Paul and his brother Jake Paul ahead of the ceremony

Altman was among the tech bosses who were invited to Trump’s inauguration. 

He was pictured chatting to boxer Logan Paul and his brother Jake Paul ahead of the ceremony.

Altman wasn’t the only tech billionaire to make a statement over the holiday weekend, as Elon Musk – Altman’s enemy – decided to launch a new political party. 

Musk, President Donald Trump’s former ‘First Buddy,’ announced the foundation of the America Party on his X social media platform on Saturday. 

It came after Musk created an online poll on Independence Day asking his followers whether to establish the new party. 

The results came back 65.4 percent in favor, leading Musk to make the announcement.

‘By a factor of 2 to 1, you want a new political party and you shall have it!’ Musk wrote.

‘When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.

Altman wasn’t the only tech billionaire to make a statement over the holiday weekend, as Elon Musk decided to launch a new political party

‘Today, the America Party is formed to give you back your freedom.’

Musk and Altman are no strangers, as the technology visionaries became embroiled in a fallout that resulted in a lawsuit and the publication of private emails in 2024. 

Altman once looked up to Musk when he first met him at SpaceX’s headquarters in Southern California a decade ago, praising his ‘conviction’ and ambition.

They went on to co-found OpenAI in 2015, a non-profit to serve as a check on the potential threats artificial intelligence could pose to humanity.

After OpenAI executives refused an offer to be bought out by Tesla, Musk left the company in 2018. He has since slammed OpenAI for accepting $90 billion of funding, saying the commercial enterprise flies in the face of its original mission.

Following the offer, Altman issued a swipe at Musk’s ‘insecurities.’ 

Musk and Altman are no strangers, as the technology visionaries became embroiled in a fallout that resulted in a lawsuit and the publication of private emails in 2024. (Pictured: Altman and Musk in 2015)

While speaking to Bloomberg, Altman was asked if Musk was interested in buying OpenAI due to his insecurities over his own AI startup.

To which Altman said: ‘Probably his whole life is from a position of insecurity I feel for the guy I don’t think he’s happy. I do feel for him.’

In January, Musk took to X and shared that OpenAI doesn’t ‘actually have the money.’ 

He then went on to mention SoftBank, an investment holding company, that Trump had talked about in a joint venture investing up to $500 billion through a new partnership with OpenAI, Oracle and SoftBank. 

Following that, Musk said: ‘SoftBank has well under $10B secured. I have that on good authority.’ 

In the most recent election, both Musk and Altman were vying up for special treatment from Trump, but in recent months, the X founder has strayed away from the president. 

Musk, 54, had been elevated to a prestigious role within the White House acting as a special advisor to the president and overseeing the Department of Government Efficiency.

But in recent months a rift has emerged and the two former friends have been embroiled in embarrassing public spats played out over social media.