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Forbes assessed Jensen Huang's net worth at $77 billion, but a recent spike in Nvidia's market cap allowed him to move up the ranks.
A combination of images showing Nvidia CEO Jensen Huang (left) and Indian billionaire Mukesh Ambani.
Nvidia CEO Jensen Huang, worth $119 billion, has risen to the top of Forbes' real-time billionaire list, surpassing India's Mukesh Ambani.
Huang, 61, has seen a staggering 2280% increase in value over the last five years, demonstrating Nvidia's extraordinary expansion to become the world's most valuable public business, according to India's Financial Express.
Huang, 61, has seen a staggering 2280% increase in value over the last five years, demonstrating Nvidia's extraordinary expansion to become the world's most valuable public business, according to India's Financial Express.
Huang co-founded Nvidia in 1993 and has been CEO and president since its establishment.
Nvidia's market value has increased by 177% to $3.33 trillion under Huang's leadership, owing largely to the company's dominance in the artificial intelligence (AI) sector.
On June 18, the company's shares increased by more than 3%, bringing Huang's net worth to more than $4 billion.
Forbes put Huang's net worth at $77 billion in early 2024, but the subsequent increase in Nvidia's market capitalization has propelled the tech tycoon up the rankings.
Nvidia's market value has increased by 177% to $3.33 trillion under Huang's leadership, owing largely to the company's dominance in the artificial intelligence (AI) sector.
On June 18, the company's shares increased by more than 3%, bringing Huang's net worth to more than $4 billion.
Forbes put Huang's net worth at $77 billion in early 2024, but the subsequent increase in Nvidia's market capitalization has propelled the tech tycoon up the rankings.
He currently sits just behind Steve Ballmer, Microsoft's former CEO.
Huang intends to sell a portion of his Nvidia stock, with a recent regulatory filing showing his desire to sell 600,000 shares before March 2025.
This transaction represents only a minor portion of his 3% ownership in the company.
Huang's amazing rise from the 546th to the 76th position last year demonstrates the deep influence of the AI revolution on his wealth.
Huang intends to sell a portion of his Nvidia stock, with a recent regulatory filing showing his desire to sell 600,000 shares before March 2025.
This transaction represents only a minor portion of his 3% ownership in the company.
Huang's amazing rise from the 546th to the 76th position last year demonstrates the deep influence of the AI revolution on his wealth.
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