# Eric Schmidt Holdings Structured map of [[Eric Schmidt]]'s ~$30B fortune and the **vertically integrated AI stack** he has built with it — from policy to software to hardware to energy. The people side is [[Eric Schmidt First Degree Connections]]; the canonical [[Eric Schmidt]] page carries the narrative. > Most positions are private, held via the [[Hillspire]] family office. Figures as last reported in the vault (see [[Eric Schmidt News Log]]). ## Net worth & conduit - **~$30B+**, primarily accumulated Google/Alphabet equity. - Held and deployed through **[[Hillspire]]** (family office) — the ownership conduit for both the drone venture and the AI portfolio. ## The vertical stack (policy → software → hardware → energy) | Layer | Vehicle | Note | |---|---|---| | Policy | [[National Security Commission on Artificial Intelligence]] → [[Special Competitive Studies Project]] | Wrote the demand signal | | Software / models | [[Hillspire]] AI portfolio (~22 startups incl. [[Anthropic]], Magic) | One of the largest individual AI bets globally | | Defense hardware | [[White Stork]] (Swift Beat) · [[Rebellion Defense]] · Istari Digital · [[SandboxAQ]] | Drones, decision-AI, weapons-sim, quantum | | Energy / infra | [[Bolt Data & Energy]] (2026, with Texas Pacific Land) | Targeting 10 GW of West Texas data-center power | | Capital | [[America's Frontier Fund]] | Schmidt-founded VC; receives government funding | ## Key positions | Asset | Role | Note | |---|---|---| | [[White Stork]] | Sole beneficiary via [[Hillspire]] (Volya Robotics OÜ, [[Estonia]]) | AI combat drones (~$400 each); Ukraine partnership signed July 2025 | | [[SandboxAQ]] | Board chair | Alphabet spinout; Air Force quantum contracts — the cleanest Google→Pentagon pipeline | | [[Rebellion Defense]] | Lead investor | Military decision-AI; ~$1B | | [[Anthropic]] | Hillspire investor | AI-safety lab; also on the [[Musk-Thiel Funding Map]] | | Magic | Led $320M round (2024) | Long-context AI coding | | [[Bolt Data & Energy]] | Co-founder (2026) | $150M initial; TPL land + water rights; 10 GW target | ## The conflict pattern The canonical "wrote the strategy, then built the companies to fulfill it, without disclosing the connections" arc — the most complete [[Revolving Door]] case in the KB. See [[Defense Tech Conflicts of Interest]] and the conflicts table on the canonical page. ## See Also - [[Eric Schmidt]] — canonical biography - [[Hillspire]] · [[White Stork]] · [[SandboxAQ]] · [[Bolt Data & Energy]] - [[Eric Schmidt Political Donations]] · [[Eric Schmidt First Degree Connections]] - [[The Quest for 90 Gigawatts]] - [[Eric Schmidt Dossier]]