Michael Intrator

Co-founder & CEO, CoreWeave

Michael Intrator is co-founder and chief executive of CoreWeave, a cloud company that rents computing power mostly to AI companies. He financed its growth with debt secured by its Nvidia chips.

Net worth: $4.1B; Forbes, Oct 18, 2026
Company: 1

Snapshot

Known for

Running the GPU cloud whose debt-funded buildout is the buildout's financing test case.

Worth knowing

CoreWeave started as a side project mining cryptocurrency in a hedge fund's Manhattan office, and its GPUs mined an estimated $80 million of ethereum before the company pivoted.
He came from commodities trading, and the Financial Times said he treated CoreWeave's growth "like a structured credit play."
He testified at a May 2025 US Senate Commerce Committee hearing on AI regulation alongside Sam Altman, Lisa Su and Brad Smith.

Age: 57
Based: Livingston, NJ
Primary role: Chief Executive Officer, Co-Founder, and President, CoreWeave
Citizenship: United States
Latest trade: Sold $6.9M of CRWV, 2 October 2026
Born: 1969

Latest on Michael Intrator

Featured · Data Center

Crusoe says every GPU is sold through 2028; CoreWeave's record 15.76% bond yield says otherwise

Crusoe says every GPU through 2028 is sold, at the very moment CoreWeave's bond hit a record 15.76% yield. The credit market and the conference stage are pricing the same demand curve, and only one of them is putting money down.

October 30, 2026 · 3 min read

Either side by net worth

#96 of 227 people with a Forbes net worth here.

Snapshot

Latest on Michael Intrator

Crusoe says every GPU is sold through 2028; CoreWeave's record 15.76% bond yield says otherwise

CoreWeave builds across four continents on money that costs 15%

Jane Street paid $109 a share for CoreWeave now near $54, with $6 billion of rented compute on the line

CoreWeave's $104.2 billion backlog depends on 2.7 gigawatts it has not switched on

Life insurers bought $85 billion of AI credit, and Moody's says it undercounts

CoreWeave's funding gap: Goldman Sachs says $23 billion, Bernstein says $76 billion, bonds yield 16%

Nebius borrows $3.5 billion 12 points cheaper than CoreWeave, whose bonds yield 15%

Insurers bought $740 million of Meta-tied CoreWeave debt as credit markets price a 60% default

Enterprise AI buyers learned to pay less per task as CoreWeave's debt implies 63% five-year default odds

Modal raised at 15.75 times run rate; default insurance implies better-than-even odds CoreWeave fails

CoreWeave's finance and revenue chiefs sold $4.7 million of stock at about $80 before a 15.46% drop

Core Scientific refused a $9 billion buyout, then lost $1.5 billion in two quarters

CoreWeave's $9 billion bid already faced its vote. The power sellers won.

The Fed Raised Rates. AI Infrastructure Faces the Sharpest Test.

CoreWeave Mortgages the Future. Its Founders Take Cash.

Connections

At CoreWeave

In the same stories

Largest fund holders of CoreWeave

Ties, as Forbes lists them

Either side by net worth

Snapshot

Latest on Michael Intrator

Crusoe says every GPU is sold through 2028; CoreWeave's record 15.76% bond yield says otherwise

CoreWeave builds across four continents on money that costs 15%

Jane Street paid $109 a share for CoreWeave now near $54, with $6 billion of rented compute on the line

CoreWeave's $104.2 billion backlog depends on 2.7 gigawatts it has not switched on

Life insurers bought $85 billion of AI credit, and Moody's says it undercounts

CoreWeave's funding gap: Goldman Sachs says $23 billion, Bernstein says $76 billion, bonds yield 16%

Nebius borrows $3.5 billion 12 points cheaper than CoreWeave, whose bonds yield 15%

Insurers bought $740 million of Meta-tied CoreWeave debt as credit markets price a 60% default

Enterprise AI buyers learned to pay less per task as CoreWeave's debt implies 63% five-year default odds

Modal raised at 15.75 times run rate; default insurance implies better-than-even odds CoreWeave fails

CoreWeave's finance and revenue chiefs sold $4.7 million of stock at about $80 before a 15.46% drop

Core Scientific refused a $9 billion buyout, then lost $1.5 billion in two quarters

CoreWeave's $9 billion bid already faced its vote. The power sellers won.

The Fed Raised Rates. AI Infrastructure Faces the Sharpest Test.

CoreWeave Mortgages the Future. Its Founders Take Cash.

Connections

At CoreWeave

In the same stories

Largest fund holders of CoreWeave

Ties, as Forbes lists them

Either side by net worth