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From Hedge Fund to AI Goldmine—How CoreWeave’s CEO Made $5 Billion in 12 Days

Updated: June 29, 2025 12:35

Image Source: Mint
In a jaw-dropping turn of events, Michael Intrator, CEO of AI cloud startup CoreWeave, has doubled his net worth to $10 billion in just 12 days—despite having no formal tech background. The secret? A perfect storm of timing, partnerships, and market momentum.
 
Key Highlights:
 
- Meteoric Stock Surge: CoreWeave’s stock, which debuted modestly at $40 per share in March, has nearly tripled in value within two months, thanks to booming demand for AI infrastructure.
- Big-Name Clients: The company has landed contracts with Microsoft, OpenAI, and Nvidia, positioning itself as a go-to provider for high-performance AI cloud services.
- From Finance to Founding: Intrator, a former hedge fund manager, co-founded CoreWeave with a vision to build scalable AI compute infrastructure—despite lacking coding skills. His belief in the business model and ability to attract top talent proved pivotal.
- Wealth Explosion: Bloomberg reports that Intrator’s net worth jumped from $5 billion to $10 billion in under two weeks, driven by CoreWeave’s skyrocketing valuation.
- Team Triumph: Co-founders Brian Venturo and Brannin McBee also saw their fortunes soar to $6.4 billion and $4.7 billion, respectively.
- Philosophy of Success: Intrator credits the rise to “a healthy disregard for the impossible” and surrounding himself with people who “believe in the vision and execute relentlessly.”
 
CoreWeave’s story proves that in the AI era, vision, timing, and partnerships can be just as powerful as technical chops.
 
Sources: LiveMint, MSN News, Entrepreneur

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