Nvidia CEO Jensen Huang Poised to Earn Nearly $1 Billion from Stock Sales This Year
Nvidia CEO Jensen Huang is on track to generate close to $1 billion through stock sales by the end of 2025, according to recent reports. Huang, who co-founded the graphics processing unit (GPU) technology company in 1993, recently stated that he has fostered more billionaires within his management team than any other CEO globally.
At 62 years old, Huang’s personal wealth has surged, surpassing Berkshire Hathaway CEO Warren Buffett in net worth earlier this month. He is currently ranked as the ninth-richest individual worldwide, with an estimated net worth of $153 billion.
Huang’s co-founders, Chris Malachowsky and Curtis Priem, also played pivotal roles in Nvidia’s inception. Priem, who departed Nvidia in 2003 after a decade as Chief Technical Officer, was estimated by Forbes last year to have a net worth of $30 million.Malachowsky,who continues to serve Nvidia as a senior technology executive,has an undisclosed net worth,as reported by Business Insider.
The remarkable growth of Nvidia’s stock has also created a notable number of millionaires among its employees. Individuals who have been with the company for five years or more are likely to have achieved millionaire status. As an example, a stock grant of $77,700 received in 2019 is now reportedly valued at over $1.6 million, according to Finlo’s investment calculator.
this substantial increase in personal wealth has led to a phenomenon of “semi-retired” employees who continue to work at Nvidia while enjoying considerable financial freedom.During a meeting in December 2023, employees inquired about how to manage these “semi-retired” colleagues, to which Huang responded by emphasizing individual obligation for work.
Nvidia’s stock performance has been extraordinary, with its value increasing by over 1,580% in the past five years, as of the time of this report.