The seven founders of Anthropic will each cash out approximately 250 million dollars in the IPO

Artificial intelligence company Anthropic disclosed in its newly submitted S-1 filing that the seven co-founders plan to sell 3,378,378 shares each in the IPO. The preliminary price range for this IPO is set at $70 to $78 per share, which means that at the midpoint price of $74, each person will receive just under $250 million; based on the lower and upper limits of the range, each person will receive slightly more than $236 million and slightly less than $264 million, respectively. The company's IPO valuation could reach $14 billion.

The seven co-founders include CEO Dario Amodei, President and Chairwoman Daniela Amodei, Chief Computing Officer Tom Brown, Head of Public Interest Jack Clark, Chief Science Officer Jared Kaplan, Chief Architect Sam McCandlish, and Head of Explainability Research Christopher Olah. After the sale is completed, each will hold approximately 3.2% of the Class A shares outstanding, totaling about 22%; each will also receive one share of Class F stock with super voting rights, giving the seven a combined control of 51.1% of the voting power.