Brief by Shorts91 Newsdesk / 08:43am on 07 Jun 2024,Friday Business
Jensen Huang, co-founder and CEO of Nvidia, has seen his net worth surge to $106 billion, making him the 13th richest person in the world. His fortune grew by $93 billion in just 18 months as Nvidia shares skyrocketed over 700% to over $1,200. The company's success is attributed to its role in the AI revolution, with major companies like Microsoft, Tesla, and Meta relying on Nvidia's graphics processors for their AI-powered projects. Huang's 3.5% stake in Nvidia is now worth over $14 billion, putting him close to breaking into the top 10 richest individuals globally.
