Together with the capitalization of NVIDIA, the capital of the permanent captain of the “green” chipmaker and the most influential people is growing rapidly — 61-year-old Jensen Huang, with 3.5% of NVIDIA shares and a fortune of almost $70 billion, is preparing to enter the top 20 richest according to Bloomberg Billionaires.
The state of NVIDIA CEO Jensen Huang is multiplied against the background of stable and confident growth of the largest developer of graphics processors that provide the language models of modern chatbots and various AI services. So, since the beginning of 2022, the price of NVIDIA shares has increased fivefold — as of February 23, the capitalization of the chipmaker is a wonderful $1.94 trillion. Yes, Nvidia is one step away from crossing an important psychological border. So far, only 4 companies (Apple, Microsoft, Saudi Aramco and Alphabet) have succeeded.
As of February 23, Jensen Huang’s fortune is estimated at $69.2 billion — he ranks 21st in the index of the world’s richest people according to Bloomberg. Only 100 million dollars.
The richest people in the world (Bloomberg Billionaires Index rating)
In just one day, Jensen Huang “got richer” by $9.6 billion — his fortune increased at the same time as NVIDIA’s share price rose, which jumped 16% on the back of record financial results. We will remind you that for 2023, NVIDIA received a revenue of $60.9 billion — 126% more than in 2022. In the last quarter, NVIDIA earned a record $22.1 billion, of which $18.4 billion came from the sale of professional accelerators for data centers. This was facilitated by the growing popularity of generative neural networks and the increased demand for them. The share price of NVIDIA continues to rise, so it is likely that in the coming days, the capitalization of NVIDIA will exceed $2 billion, and Jensen Huang will enter the first 20 richest people in the world.
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