As the price of AMD shares exceeded the $170 mark, the net worth of the company’s CEO, Lisa Su, increased to $1 billion, according to Forbes. She became the 26th woman in the US to become a self-made billionaire. Although AI has made Su quite wealthy, she still has a long way to go to reach the revenue levels of her main rival, NVIDIA’s Jensen Huang.
According to the publication’s estimates, Lisa Su’s net worth is $1.1 billion – three-quarters of this amount is AMD shares in the amount of about four million with a total value of about $700 million. The price of AMD shares has been breaking records since January: first it reached a new 52-week high , then breaking the previous record of $164.46 from November 2021 and reaching a high of $184.92. Since Lisa Su has sold about $400 million worth of stock since 2016, her net worth is at least $1.1 billion. As CEO of AMD, Su is paid in cash and stock.
Lisa Su became AMD’s CEO in 2014, when there were rumors that the company was on the verge of bankruptcy. She was paid a lower salary than former CEO Rory Reid – to compensate, she was paid in shares that by 2016 ranged from $2 to $4. In the first year, Su received too many shares, which resulted in the cancellation of an award of 1.76 million shares.
Because her salary remains primarily tied to AMD’s stock performance, Lisa Su had a significant incentive to push the stock price higher. She turned the company around with the Zen processor architecture, which led to record processor revenues and increased market share for AMD. AMD’s market capitalization surpassed Intel’s for the first time since its acquisition of Xilinx, which provides the technology that is key to AMD’s AI ambitions.
Lisa Su is probably “worth” a lot more than just $1.1 billion. The CEO probably has other investments and assets that add to her net worth. She served on the board of companies such as Cisco while at AMD. It’s not clear exactly when Su became a billionaire, but she certainly is, at least because of AMD’s capital.
Being a billionaire is great, being a multi-billionaire is even better, and that’s exactly where NVIDIA CEO Jensen Huang found himself. In November last year, his fortune was just over $40 billion, now it has grown to $60 billion. Like Su, Huang owns a large number of shares in the company he manages. Huang’s much larger net worth is due to his time with NVIDIA since its inception and the company’s prosperity for most of that time.
AMD Ryzen Zen 5 processors have already gone into production and will be released this year – there is no need to change the AM5 socket
