Billionaire Profile
Jacob DeWitte
Global Rank
#2962

Image: Public domain | via Wikimedia Commons

Jacob DeWitte

CEO, Oklo Inc.
US
Real-Time Net Worth
$1.1B
As of December 2025
Age
40
Source
Nuclear power
Industry
energy
Citizenship
US

Biography

Jacob DeWitte is the co-founder and CEO of Oklo Inc., a nuclear energy company focused on developing and building small nuclear reactors. With an estimated net worth of $1.1 billion as of late 2024, DeWitte's wealth source is primarily from his work in the nuclear power industry. He earned his BS in nuclear engineering from the University of Florida in 2008 and his SM and PhD in nuclear engineering at MIT. DeWitte founded Oklo in 2013, and has been working with nuclear technology for nearly 15 years. His career includes experience with various reactor designs and key leadership positions, contributing significantly to advancements in the field.

Wealth Over Time

In-Depth Profile

Early Life and Education

Jacob DeWitte was born and raised in Albuquerque, New Mexico. From a young age, he was fascinated by nuclear technology. This interest led him to pursue a Bachelor of Science in Nuclear Engineering from the University of Florida, which he completed in 2008. He furthered his education at the Massachusetts Institute of Technology (MIT), earning both a Master of Science and a Ph.D. in Nuclear Engineering.

Rise to Success

DeWitte's career in nuclear energy began with internships at Sandia National Laboratories, Urenco US, General Electric, and the US Naval Nuclear Laboratory. In 2013, he co-founded Oklo Inc., a company focused on developing small modular reactors (SMRs). As CEO, DeWitte has spearheaded Oklo's mission to bring clean, affordable, and reliable nuclear power to the market. His leadership has been pivotal in positioning Oklo as a pioneer in advanced nuclear technology.

Key Business Strategies

Oklo's business strategy centers on the development of the Aurora powerhouse, a small power plant designed to generate 15-50 MWe of electrical power using a compact fast neutron reactor. DeWitte has emphasized the potential of Oklo’s reactors to reduce energy bills and utilize used nuclear fuel. Oklo aims to address the growing demand for power, particularly from AI data centers. DeWitte also focuses on creating partnerships and vertical integration, to control fuel fabrication and ensure supply chain stability.

Philanthropy

In June 2025, DeWitte gifted 600,000 shares of Oklo stock to a donor-advised fund, reflecting a commitment to charitable giving.

Career Milestones

2008

Graduated from University of Florida

Earned a Bachelor of Science in Nuclear Engineering.

2014

Named to Forbes 30 Under 30

Recognized in the energy sector.

2013

Co-founded Oklo Inc.

Founded a company focused on the development of small modular reactors.

2021

Received Distinguished Early Career Alumni Award

Awarded by the Department of Materials Science & Engineering.

2024

Appointed Chair of the Board at Oklo

Assumed the role of Chair of the Board in April 2025.

Philanthropy & Social Impact

Donation

Charitable Stock Gift

$0.067B

Gifted 600,000 shares of Oklo stock to a donor-advised fund in June 2025.

Business Philosophy & Leadership

Notable Quotes

"The market needs this and wants this. Nuclear is a manifestation of energy dominance."

Leadership Principles

Innovation

Driving innovation in advanced nuclear technology, particularly small modular reactors.

Strategic Partnerships

Building partnerships with national labs and commercial companies to control fuel fabrication and ensure supply chain stability.

Commercialization

Focusing on delivering a product and changing the paradigm from a cost-plus, government-centric model to a more lean, market-driven approach.

Controversies & Challenges

2022

NRC Application Denial

The U.S. Nuclear Regulatory Commission rejected Oklo's reactor application due to insufficient information.