Anthropic · OpenAI · Google · Elizabeth Warren · U.S. · TechCrunch AI
Neil Rimer thinks the AI money is coming back out
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In late May, Neil Rimer said something during a sit-down the reporter had with him in Athens that the reporter hasn't been able to shake.
Key facts
- Total American charitable giving hit a record $592.5 billion in 2024, but the number of Americans giving has fallen for five straight years, down 4.5% in 2024 alone, according to the Stanford Social
- Yet Index’s returns in recent years have been exceptional: the firm has raised roughly $15 billion from outside investors since its founding, and last year’s exits, including Figma’s IPO and Google’s
- Forbes counted 45 new AI billionaires in its 2026 rankings alone, worth a combined $2.9 trillion, and that’s before either Anthropic or OpenAI has gone public
- Renowned economist Gabriel Zucman calculates that at the height of the Gilded Age, around 1910, America’s four largest fortunes were worth a combined 4% of U.S. GDP
Summary
Coming from most people, that would sound like standard-issue populism. Rimer stepped back from day-to-day investing in 2021, and these days spends much of his time in Athens, where his wife is from and where his children treasure their Greek passports. Rimer has found ways to give back. In the meantime, his comment about redistribution comes at an odd moment, to be charitable, for giving.