Tech billionaire's $30 billion fund collapse looms over opulent Silicon Valley wedding

Leopold Aschenbrenner, a 24-year-old AI prodigy, wed in Carmel-by-the-Sea amid a dramatic $30 billion loss at his hedge fund, Situational Awareness. The ceremony drew roughly 80 to 100 prominent tech investors, many of whom had stakes in the fund. Planned networking sessions were quietly repurposed from bullish investment discussions to broader life and philosophical topics.

Although the fund’s downfall threatened liquidity, a deal to sell a $3.5 billion private stake in Anthropic was abandoned after Citadel agreed to purchase most of the fund’s public equity, providing needed cash. The wedding continued with Napa wine, a Berghain-style DJ set, and concluded by 11 p.m. Anthropic CEO Dario Amodei reportedly did not attend.