Age, Biography and Wiki

Emad Mostaque was born on 1 April, 1983 in Jordan, is a CEO Stability.ai. Discover Emad Mostaque's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 40 years old?

Popular As N/A
Occupation Founder and CEO of Stability AI
Age 40 years old
Zodiac Sign Aries
Born 1 April, 1983
Birthday 1 April
Birthplace Jordan
Nationality

We recommend you to check the complete list of Famous People born on 1 April. He is a member of famous CEO with the age 40 years old group.

Emad Mostaque Height, Weight & Measurements

At 40 years old, Emad Mostaque height not available right now. We will update Emad Mostaque's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Emad Mostaque Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Emad Mostaque worth at the age of 40 years old? Emad Mostaque’s income source is mostly from being a successful CEO. He is from . We have estimated Emad Mostaque's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income CEO

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Timeline

Mohammad Emad Mostaque (মোহম্মদ ইমাদ মোশতাক) is the founder and CEO of Stability AI, one of the companies behind Stable Diffusion.

1983

Mostaque was born on April 1983 to a Bengali Muslim family in Jordan.

He was taken to Dhaka, Bangladesh a month after his birth, and migrated with his family to the United Kingdom at the age of seven.

He is a graduate of the University of Oxford.

At age 19, Mostaque met his wife while on a student trip to the United States.

He has been diagnosed with Asperger's and ADHD.

In his twenties, he became interested in helping the Islamic world by creating online forums for Muslim communities and developing "Islamic AI" which would help guide people on their religious journey.

After graduating, Mostaque went on to spend 13 years working at various hedge funds in the United Kingdom.

2019

In 2019 Mostaque founded Symmitree, a startup that aimed to reduce the cost of technology for individuals living in poverty, which he worked on for 1 year.

2020

In late 2020 Mostaque founded Stability AI.

Much of the company's funding comes directly from Mostaque, as well as other investment companies such as Eros Investments.

The company spent $600,000 of its $10 million initial funding to train Stable Diffusion, and announced a $100 million seed round of a valuation of $1 billion.

In March 2023, he signed an open letter calling for "all AI labs to immediately pause for at least 6 months the training of AI systems more powerful than GPT-4".

In June, 2023, a news report citing more than 30 sources, including investors and former Stability AI employees, stated that Mostaque had misled investors and the public about his educational background, a partnership with Amazon Web Services and the extent of his involvement in developing Stable Diffusion.

The article also detailed Mostaque's unsubstantiated claims of partnerships with several NGOs, including the United Nations, and the government of Malawi.

On July 13, 2023, Stability AI co-founder Cyrus Hodes filed a civil lawsuit against Mostaque, claiming he was defrauded into selling his 15% stake in the company for $100.

The stake was valued at $150 million during a round of financing in October 2022, only five months after Hodes sold his shares.

Among his claims, Hodes asserted that he wanted to distance himself from Mostaque after he discovered his business partner's "pattern of bamboozling investors and misappropriating investor and company assets for personal use."

Hodes also alleged that "Mostaque had embezzled funds from Stability AI to pay the rent for his family’s lavish London apartment" and that a former investor of one of Mostaque's ventures "discovered that Mostaque improperly used investor funds in a prior venture to pay for schooling for Mostaque’s children and housing expenses for his London apartment."

The company responded in a statement saying Hodes was suffering from "a clear case of seller's remorse."

The suit has yet to go to trial.

On July 16, 2023, he declared that generative artificial intelligence "is a $1 trillion investment opportunity but will be 'biggest bubble of all time'".