Palantir CTO Shyam Sankar Becomes Billionaire After Stock Rally Creates Wealth for Founders and Employees.

Palantir Technologies' stock surge has made Chief Technology Officer Shyam Sankar a billionaire, joining four co-founders with 10-figure stakes. Sankar's net worth is $1.3 billion, according to the Bloomberg Billionaires Index. The company's shares have risen 525% in the past year, making it the best-performing member of the S&P 500. Early employees and executives are increasingly achieving billionaire status due to interest in AI- and tech-related stocks.