TAIPEI (TVBS News) — NVIDIA CEO Jensen Huang (黃仁勳) has climbed to the 10th position on Forbes' global billionaires list after his net worth increased by US$3.6 billion to reach US$124.1 billion as of Monday (Oct. 21). Thanks to the recent surge in the company's stock price, Jensen surpassed former Microsoft CEO Steve Ballmer's US$122.5 billion.
Jensen's wealth primarily stems from his 3.5% stake in NVIDIA, which has seen its stock price skyrocket by over 1,000% in the past two years. This dramatic increase in share value has significantly boosted Jensen's fortune, marking a sixfold increase from his US$20.6 billion net worth reported by Forbes in 2022.
Despite selling US$713 million worth of NVIDIA shares this summer, Jensen remains the company's largest individual shareholder since its founding in 1993.
