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Nvidia CEO Jensen Huang’s Net Worth Soars 2280% in 5 Years, Surpassing Mukesh Ambani’s wealth

Nvidia CEO Jensen Huang’s Net Worth Soars 2280% in 5 Years, Surpassing Mukesh Ambani’s wealth
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Nvidia CEO Jensen Huang has climbed to become the 11th richest person in the world, with his net worth soaring by over $4 billion. This milestone comes on the heels of Nvidia’s rise as the most valuable public company globally, driven by advancements in AI technology. Huang, who co-founded the company in 1993 and has served as CEO since then, has seen immense growth in his wealth as Nvidia’s business has expanded in recent years.

Recent stock movements pushed Huang’s net worth to approximately $119 billion, surpassing Indian billionaire Mukesh Ambani and trailing just behind former Microsoft CEO Steve Ballmer on the Forbes rich list. Huang holds a 3% stake in Nvidia, with his net worth skyrocketing from $77 billion at the beginning of 2024 to its current value. The company’s market capitalization has surged to $3.33 trillion, prompting Huang to announce plans to sell 600,000 shares by March 2025.

In the course of five years, Huang’s net worth has seen a staggering increase of $114 billion since 2019 when he ranked 546th on the Forbes list. This exponential growth showcases his financial success and solidifies his position as one of the wealthiest individuals globally. With Nvidia’s stock split driving heightened interest in the company, Huang’s wealth has transcended from $21 billion last year to his current status as the 11th richest person in the world.

As Nvidia continues to thrive in the realm of AI technology and solidify its position as a key player in the market, Jensen Huang’s fortune is set to grow even further. His journey from a co-founder of the company to one of the wealthiest individuals globally is a testament to his business acumen and the success of Nvidia under his leadership. With ongoing developments in the tech industry and Nvidia’s dominance in the field, Huang’s net worth is poised to see further growth and solidify his status as a titan of the business world.

Article Source
https://www.hindustantimes.com/business/nvidia-ceo-jensen-huangs-net-worth-soars-to-119-billion-up-2280-in-5-years-101718761408819.html

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