Nvidia CEO Huang Becomes 9th Richest in the World

Nvidia Corp. (NASDAQ: NVDA) CEO Jensen Huang has steadily moved up the Bloomberg Billionaires list as shares of the company he runs rise. Even after a slight selloff in shares following the earnings release, Nvidia’s shares are up 1,280% over the past five years. This compares with an 84% gain in the S&P 500 over the same period. Huang’s net worth is $157 billion.

• Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang became the ninth richest person in the world.

• Huang’s wealth is closely tied to the market value of Nvidia, the world’s most valuable company.

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Nvidia has been mostly a graphics chip company since its founding in 1993. It started releasing more powerful chips in 2018. This has put it on track to become the dominant chip provider for AI platforms. Today, AI has 92% of the chip market. The Blackwell product is considered a state-of-the-art artificial intelligence engine.

Huang has been with Nvidia since its founding. It owns approximately 3.8% of Nvidia’s shares. It recently ended a period in which it sold $1 billion worth of shares.

Clearly Huang’s wealth is based on Nvidia’s market cap. It is the most valuable company in the world with $4.49 trillion. It is well ahead of number two Apple, which has a market capitalization of $3.95 trillion. Third Microsoft’s market cap is $3.56 trillion.

Even though shares sold off after the announcement, Nvidia’s last quarter was incredibly successful. Revenue rose 62% to $57 billion, beating Wall Street expectations. Earnings per share rose 67% to $1.30. Its forecast for the current quarter was that revenue would reach $65 billion, again better than expectations. Perhaps most importantly, Huang said Nvidia’s business is growing and the AI ​​revolution shows no signs of slowing down, as some investors feared. “Blackwell sales are off the charts and cloud GPUs are sold out,” he said, adding: “AI is going everywhere, doing everything at once.”

A slight increase in Huang’s net worth is enough to move him to eighth place on the Bloomberg Billionaires list. Former Microsoft CEO Steve Ballmer is at this point. His $166 billion net worth is based mainly on Microsoft’s stock price.

Nvidia Stock Price Forecast and Forecast 2025-2030

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