On May 26, Forbes announced that iPhone design luminary Jony Ive is poised to enter the billionaire ranks following OpenAI's acquisition of his AI hardware startup, io. In an all-stock transaction valued at $6.5 billion, OpenAI acquired Ive's company, with Ive holding an 11% stake. This deal is anticipated to yield him $715 million in stock, potentially elevating his net worth to $1 billion in the years ahead.
