By Antonio Pequeño IV
Publication Date: 2026-02-09 19:45:00
Topline
Nvidia chief Jensen Huang became the world’s seventh-richest person Monday, overtaking LVMH CEO Bernard Arnault and his family as Nvidia shares jumped amid a larger tech stock surge.
Huang overtook Arnault early Monday morning. (Photo by Chip Somodevilla/Getty Images)
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Key Facts
Huang’s estimated net worth reached $165.8 billion Monday afternoon, leapfrogging past Arnault’s estimated net worth of $164.6 billion.
Nvidia shares popped over shortly after trading began Monday and were up more than 3% to $191.26 as of shortly after 2:30 p.m. EST, sending the AI darling’s stock to its highest since Jan. 30 and recovering from a recent slump.
LVMH stock closed down a fraction of a percent at $535.40, continuing a poor run that has seen shares fall nearly 17% since the start of the year.
The tech-heavy Nasdaq jumped a little more than 1% as of just after 2:30 p.m. EST, continuing a recovery from a slide that began early last week.
In addition to Nvidia’s jump, the Nasdaq surge was fueled by an 11% spike in Oracle shares, a nearly 3% rise in Microsoft shares and a 7% boost for Palantir.
Big Number
$37.2 billion. That is the difference in estimated net worth between Huang and No. 6 ranked billionaire and Oracle chief technology officer Larry Ellison, whose net worth on Monday jumped almost 9% to $203 billion.
Tangent
The S&P 500 increased more than 0.6%, nearing its highest point of the year and recovering from a slump triggered last week by AI expenditure…