Palantir Technologies Inc. ( PLTR ) CEO Alex Karp has seen his net worth nearly double in 2025, outpacing the likes of Elon Musk, Jeff Bezos and Bill Gates amid a breakout year for the AI-focused software company.

Karp's Wealth Nearly Doubles In 2025

According to Bloomberg's Billionaire Index, Karp's net worth currently stands at $14.3 billion, marking a year-to-date gain of $7.11 billion — a remarkable 98.2% increase.

The surge comes as Palantir's ( PLTR ) stock has rallied sharply by 566.92% in the past 12 months, fueled by sustained revenue growth, strong earnings and rising investor confidence in the company's AI capabilities.

Karp co-founded Palantir ( PLTR ) in 2003 and owns roughly 2.5% of the company through a mix of Class A, B, and F shares, according to Palantir's ( PLTR ) 2025 proxy filing.

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Palantir Crushes Q2 Estimates, Raises 2025 Outlook

Palantir ( PLTR ) reported second-quarter revenue of $1.004 billion, surpassing analyst expectations of $939.71 million. Adjusted earnings landed at 16 cents per share, beating the 14-cent consensus.

The company has now exceeded Wall Street forecasts for both revenue and profit for eight straight quarters. Total revenue rose 48% year-over-year, driven by a 93% jump in U.S. commercial revenue and a 53% increase in U.S. government revenue.

The company now expects third-quarter revenue between $1.083 billion and $1.087 billion and has raised its full-year forecast to a range of $4.14 billion to $4.15 billion — well above the prior guidance of $3.89 billion to $3.90 billion.

Karp Tops Billionaire Peers In YTD Gains

Karp's year-to-date net worth growth eclipses gains by some of Silicon Valley’s high-profile figures. Here’s a table depicting the same:

Price Action: Palantir ( PLTR ) shares rose 4.14% to close at $160.66 on Monday and gained an additional 4.57% in after-hours trading, per Benzinga Pro.

According to Benzinga’s Edge Stock Rankings, PLTR continues to exhibit downward momentum across short, medium and long-term timeframes. Additional performance insights are available here.

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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.